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The Waterford Sukhumvit 50, Studio type, near BTS On nut 8-floor low-rise condominium, 11-2-35.9 rai area in Soi Sukhumvit 50 - 8-floor Studio room, 42.35 sq.m. with balcony, garden view, no building block - Bathroom with bathtub and water heater - Built-in kitchen with electric stove, cooker hood, sink, upper and lower cabinet - Refrigerator Toshiba - Air-conditioner LG - TV Samsung with shelf - Desk with chair of SB - Wall-attached small shelf and cabinet - Smoke detector - Laminate flooring - 2.4-meter room height - Maintenance fee 35 Baht per sq.m. Facilities - 2 elevators - Key card access - 1 parking right - 24-hour security - Condo-BTS On Nut shuttle van - Swimming pool, fitness - Sauna room - Garden with jogging track - Can access both Sukhumvit road and Old Railway Road Nearby places - Lotus On Nut - Century the movie plaza - 7-11 convenience store - Ram Intra-At Narong and Chalermmahanakorn Expressway exit - Big C On Nut - Gateway Ekkamai - Major Cineplex Ekkamai - Bangkok University, Rama IV Road - Wells International School.
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 The Waterford Sukhumvit 50 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.