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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 The President Sathorn-Ratchaphruek 1 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.
The President Sathorn-Ratchaphruek 1 is conveniently located just 170 m from Max mart, which can be reached within 2 mins. by foot.
There are many other shops situated in the area of The President Sathorn-Ratchaphruek 1, the 3 closest being:
- 7-Eleven, Supalai Park Petchkasem Branch is 480 m away (about 6 mins. by foot)
- Minimart is 410 m away (about 5 mins. by foot)
- 7-11 Petchkasem Branch 28 is 510 m away (about 6 mins. by foot)
The surrounding area, where The President Sathorn-Ratchaphruek 1 is situated, offers a wide variety of restaurants. See the closest of them below:
- Rung Fade Charoen is 150 m away (a walk of about 2 mins.)
- Talad Phlu Market, Petchkasem 25/2 is 140 m away (a walk of about 2 mins.)
- Bang Phai Thong Chicken and Rice is 120 m away (a walk of about 1 min.)
Wow 123 is the nearest health facility, which is 310 m away (you can walk there in 4 mins.) from the project, while the closest schools in the proximity of The President Sathorn-Ratchaphruek 1 are:
- Kru Atom Tutor (Atom tutor tutor) is 290 m away (about 4 mins. by foot)
- Mathematics Tutor School Somkiat Phasi Charoen is 290 m away (about 4 mins. by foot)
- Wat Pla Du School is 0.8 km away (an approx. drive of 2 mins.)
Suvarnabhumi Airport is located 45.1 km from The President Sathorn-Ratchaphruek 1 and it takes about 48 mins. by car or taxi (depending on the traffic) to get there.