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The condominium, The Room Sathorn-Taksin, is located on the main road of Taksin-Petkasem Road, 200 meters away from the BTS Pho Nimitr entrance. This non-smoking unit is located on 11 floor, with unobstructed view for approximately 76 sq.m.. The room has 2 bedrooms, 2 bathrooms with water heaters, kitchen, living room and private balcony facing south. The room is fully furnished, e.g., sofa, dining table with chairs; 1 king size bed and 1 twin bed, 2 built-in wardrobe, 2 dressing tables and equipped with ready to use electric appliances, e.g., 3 air-cons, ceiling fan, refrigerator, electric stove / hood, microwave, 2 televisions, washing machine. There are common areas with facilities and amenities e.g. free wifi, swimming pool, lounge and seating area, multi-purpose room, with modern atmosphere. The condominium’s safety consists of 24 hours guards, CCTV and secured keycards on the restricted floors. The monthly rental fee is THB 26,000 per month with at least 1 year contract (2 months fee will be kept as deposit and 1 month fee will be advanced rental fee). This fee includes 1 car parking slot.
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 Room Sathorn-Taksin 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.