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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 Phayathai Plaza 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.
Phayathai Plaza is conveniently located just 110 m from 7-Eleven, which can be reached within 1 min. by foot.
There are many other shops situated in the area of Phayathai Plaza, the 3 closest being:
- Anunta Aunyamanee cheap jewelry is 160 m away (about 3 mins. by foot)
- The Unicorn Phyathai is 140 m away (about 2 mins. by foot)
- Platinum is 2.0 km away (an approx. drive of 8 mins.)
The surrounding area, where Phayathai Plaza is situated, offers a wide variety of restaurants. See the closest of them below:
- Grandma Pen Pad Thai is 10 m away (a walk of about 1 min.)
- Rongna is 160 m away (a walk of about 3 mins.)
- Phaya Thai Breakfast Market is 40 m away (a walk of about 1 min.)
Vertex Clinic, Dentistry, Skin, Cosmetic Surgery is the nearest health facility, which is 20 m away (you can walk there in 1 min.) from the project, while the closest schools in the proximity of Phayathai Plaza are:
- AYA Chinese Language Institute is 20 m away (about 1 min. by foot)
- CrewAcademy is 60 m away (about 1 min. by foot)
- Thai Solutions School in Bangkok is 70 m away (about 1 min. by foot)
Suvarnabhumi Airport is located 30.5 km from Phayathai Plaza and it takes about 32 mins. by car or taxi (depending on the traffic) to get there.