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Looking for a fantastic place to call home? Look no further – The Room Sukhumvit 40 project in Phra Khanong, Bangkok is the perfect place for you. This modern 50 SqM condo features 1 bedroom and 1 bathroom, a chic and stylish set up. Completed in Jan 2011, And the convenience doesn't stop there – this property has a wide range of amenities and services to provide ultimate comfort and convenience. Enjoy facilities such as 24-hour security, CCTV, parking, swimming pools, tennis court, fitnness center, sauna, library and rooftop gardens.From the convenient amenities to the prime location of this condo, there's no doubt that The Room Sukhumvit 40 has it all. Don't miss out on this incredible opportunity to call it home. Contact us today to enquire about this property!
Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at The Room Sukhumvit 40 you have to follow these steps:
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.