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The building consists of five floors. The first floor features a swimming pool and four car parking spaces. On the second floor, there is one restroom, a small kitchen room, a big kitchen room with a dinner table, and a living room that connects to an outdoor area. The third floor comprises two bedrooms, two bathrooms, and an office. Similarly, the fourth floor includes two bedrooms, two bathrooms, and an office. Finally, on the fifth floor, there is one restroom, a large kitchen room, and a living room that connects to an outdoor space.
Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
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 Baan Lux-Sathon 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.