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Elio Condo Elio Condo is a condominium project, developed by Ananda Development, located at 115 Soi Sukhumvit 64, Khwaeng Bang Chak, Khet Phra Khanong, Krung Thep Maha Nakhon 10260. Ananda Development is also the developer behind Ideo Mobi Sukhumvit East Point, Ideo Rama 9 - Asoke and Unio Rama 2 – Thakham. Construction of Elio Condo was completed in 2014. Condominium comprises of 4 buildings, having 8 floors and includes 962 units. Facilities Facilities at Elio Condo include elevator, parking, 24-hours security, cctv, swimming pool, gym, garden / bbq, playground / kid's area. Common fee is ฿45 per sqm per month. Sinking fund is ฿500 per sqm. Location Elio Condo conveniently located just within 770 m or about 10 minutes walk from the Punna Withi. If you drive, the nearest tollway entrance is located 1.6 km from the condo.
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 Elio Sukhumvit 64 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.