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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 Hyde Sukhumvit 11 you have to follow these steps:
TQ 1BR Installment Milestone Payment Reservation Deposit Immediately £1,160 1st Installment within 7 days of booking 5% 2nd Installment On handover 95% TQ 2BR,Duplex Installment Milestone Payment Reservation Deposit Immediately £2,320 1st Installment within 7 days of booking 5% 2nd Installment On handover 95% TQ 3BR,Penthouse Installment Milestone Payment Reservation Deposit Immediately £34,800 1st Installment within 7 days of booking 5% 2nd Installment On handover 95% FQ 1BR Installment Milestone Payment Reservation Deposit Immediately £2,320 1st Installment within 7 days of booking 15% 2nd Installment On handover 85% FQ 2BR,Duplex Installment Milestone Payment Reservation Deposit Immediately £3,480 1st Installment within 7 days of booking 15% 2nd Installment On handover 85% FQ 3BR,Penthouse Installment Milestone Payment Reservation Deposit Immediately £4,640 1st Installment within 7 days of booking 15% 2nd Installment On handover 85%
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.