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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 Prachya Place 1 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.
Prachya Place 1 is conveniently located just 20 m from 7-Eleven, which can be reached within 1 min. by foot.
There are many other shops situated in the area of Prachya Place 1, the 3 closest being:
- 7-Eleven is 240 m away (about 3 mins. by foot)
- Wiam Apartment is 990 m away (about 12 mins. by foot)
- 7-Eleven is 320 m away (about 4 mins. by foot)
The surrounding area, where Prachya Place 1 is situated, offers a wide variety of restaurants. See the closest of them below:
- Happy Ma Hunt is 0 m away (a walk of about 1 min.)
- Ku Lang Yee Seafood Restaurant is 10 m away (a walk of about 1 min.)
- Sukiyara Dara, Huai Khwang is 10 m away (a walk of about 1 min.)
Ayurawat Medical Clinic is the nearest health facility, which is 550 m away (you can walk there in 7 mins.) from the project, while the closest schools in the proximity of Prachya Place 1 are:
- Chok Chai Kindergarten is 810 m away (about 10 mins. by foot)
- Atomy Ratchada Mastership Center is 400 m away (about 5 mins. by foot)
- Italian-Thai Child Care Center is 520 m away (about 6 mins. by foot)
Suvarnabhumi Airport is located 29.1 km from Prachya Place 1 and it takes about 36 mins. by car or taxi (depending on the traffic) to get there.