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Greetings, citizens of Earth. Are you looking for a new abode? Look no more; here comes the prospect you've been waiting for. A perfectly tailored 35 Square Meters (SQM) studio condo is ready and waiting for you to acquire. This very condo is part of the illustrious Avenue Residence project located in Nong Prue, Chon Buri. Not only that, but it was completed in May 2010, that means nearly a decade of fine-tuned experience was put into making it. And if you're thinking of renting. So, what are you waiting for? Get in line and secure your place in Avenue Residence while you can! Do not hesitate; this amazing opportunity won't last forever.
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 Avenue Residence 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.