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Modern Decorated and Fully Furnished 2 Bed & 2 Bathroom Big Living Room, Balcony, Condo (75 sqm) with Rooftop Pool And Sky Lounge For Lovely Views over Pratumnak, Foreigner ownership for sale Transfer 50/50 Located at South Beach Condo ( Pratumnak hill soi 5 and 6 ) Balcony, 3x air conditioning, Covered parking for cars and motorcycles, Security. Swimming pool. Short walk to the beach, various restaurants, bars and market as well as shops in the immediate vicinity and available, fully furnished, Electrical appliances included. Electricity is government rate & water 39 baht per unit. Fully Furnished-- Just get your suitcase and move, Perfectly located on Pratumnak hill with convenience stores like 7/11 and Family Markt, Restaurant, Bars as well as the beach just around the corner. Renovated last August and currently rented with an annual lease.
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 South Beach Condominium 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.