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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 L8 Residence 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.
L8 Residence is conveniently located just 970 m from 7-Eleven Happy Park Ploenchitz Branch (Sukhumvit 1) (05197), which can be reached within 11 mins. by foot.
There are many other shops situated in the area of L8 Residence, the 3 closest being:
- Jojo the first is 720 m away (about 12 mins. by foot)
- Republic of Fritz Hansen is 710 m away (about 11 mins. by foot)
- P2 Boutique Hotel is 880 m away (about 13 mins. by foot)
The surrounding area, where L8 Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- LOH-NGA-TIN Chicken Rice Bowl MICHELIN 2019, 2020 LOH-NGA-TIN is 170 m away (a walk of about 4 mins.)
- DEDDEE NOODLE Dee Dee Noodle Restaurant - Wireless Road, Ploenchit, Chidlom is 170 m away (a walk of about 4 mins.)
- Guay Jab Thanapoom Market is 150 m away (a walk of about 3 mins.)
A.R.T is the nearest health facility, which is 500 m away (you can walk there in 9 mins.) from the project, while the closest schools in the proximity of L8 Residence are:
- Thai Children's Home School is 310 m away (about 6 mins. by foot)
- Job Dek Thai Nanny School is 310 m away (about 6 mins. by foot)
- What This Hong Saram School is 970 m away (about 15 mins. by foot)
Suvarnabhumi Airport is located 34.9 km from L8 Residence and it takes about 32 mins. by car or taxi (depending on the traffic) to get there.