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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 Diamond Ratchada 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.
Diamond Ratchada is conveniently located just 60 m from 7-Eleven, which can be reached within 1 min. by foot.
There are many other shops situated in the area of Diamond Ratchada, the 3 closest being:
- 7-Eleven is 260 m away (about 3 mins. by foot)
- 7-Eleven Muang Thai Phatra Building is 410 m away (about 5 mins. by foot)
- 7-Eleven is 350 m away (about 4 mins. by foot)
The surrounding area, where Diamond Ratchada is situated, offers a wide variety of restaurants. See the closest of them below:
- Bangkok Chada is 200 m away (a walk of about 2 mins.)
- Por Prateep Ayutthaya Boat Noodle is 90 m away (a walk of about 1 min.)
- Joe Seafood is 70 m away (a walk of about 1 min.)
Guangzhou Huachiew Cancer Hospital is the nearest health facility, which is 260 m away (you can walk there in 3 mins.) from the project, while the closest schools in the proximity of Diamond Ratchada are:
- Thailand Coaching Institute is 190 m away (about 2 mins. by foot)
- Prep School Pattanakarn Ratchada is 320 m away (about 4 mins. by foot)
- Triamudom Suksa Pattanakarn Ratchada School is 310 m away (about 4 mins. by foot)
Suvarnabhumi Airport is located 28.2 km from Diamond Ratchada and it takes about 33 mins. by car or taxi (depending on the traffic) to get there.