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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 Promphan 53 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.
Promphan 53 is conveniently located just 880 m from 7-Eleven, which can be reached within 11 mins. by foot.
There are many other shops situated in the area of Promphan 53, the 3 closest being:
- 953 Community Mall is 80 m away (about 1 min. by foot)
- Easyshoppingbymena is 120 m away (about 1 min. by foot)
- Piman 49 Heritage Project is 1.1 km away (an approx. drive of 4 mins.)
The surrounding area, where Promphan 53 is situated, offers a wide variety of restaurants. See the closest of them below:
- Omi Beef OKAKI - since 1839 is 80 m away (a walk of about 1 min.)
- BEACH COCONUTS BOWLS | Breakfast Brunch & Cafe Thonglor Bangkok | Cafe-Breakfast is 80 m away (a walk of about 1 min.)
- Thong Nua Kao - Thonglor is 90 m away (a walk of about 1 min.)
4bclinic is the nearest health facility, which is 70 m away (you can walk there in 1 min.) from the project, while the closest schools in the proximity of Promphan 53 are:
- VIEMUS Int'l School of Music is 100 m away (about 1 min. by foot)
- ELC Back Door is 100 m away (about 1 min. by foot)
- BananaThai | Thai Language School is 1.2 km away (an approx. drive of 5 mins.)
Suvarnabhumi Airport is located 26.0 km from Promphan 53 and it takes about 31 mins. by car or taxi (depending on the traffic) to get there.