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Condominium for sale in Bangkok, very conveniently located in the heart of Sukhumvit, only 400m from the Asoke BTS station, the Sukhumvit MRT station as well as the Terminal 21 mall. This unit has a spacious living/dining/kitchen area and features two bedrooms, two bathrooms and a long terrace. The size of the unit is 109m2 (internal 94m2, external 15m2). It is located above the 10th floor & offers panoramic views to the city and to the Benchasiri lake. It is also a short walk away from the Benchasiri Park. This well-maintained residence is pet friendly and includes rooftop swimming pool, a well-equipped fitness, sauna, car parking facilities and 24/7 security.
Property ID: ABKK28431
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 Lakes 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.