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Location; Sukhumvit 49 near BTS Phrom Phong, Thonglor, Emquartier and Emporium, Racquet Club etc. - Low rise building, 2nd floor, 80 sqm., 2 bedrooms 1 bathroom and one storage room. - Fully furnished and well-equipped including oven, inductive stove, microwave, washing and drying machine, 2 fridges and large digital TV etc., ready for moving in. - Engineered wood floor, 4 air-conditioners - The building has 24-hour security, swimming pool, fitness and parking. - Located in the heart of Bangkok but calm and green neighborhood. - Motorcycle taxis in front of the building
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 Niche Sukhumvit 49 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.