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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 Formosa Ratchayotin 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.
Formosa Ratchayotin is conveniently located just 90 m from Ban Tak Hospital Cooperative, which can be reached within 1 min. by foot.
There are many other shops situated in the area of Formosa Ratchayotin, the 3 closest being:
- Seven in front of the building is 580 m away (about 8 mins. by foot)
- Indira Trading is 870 m away (about 11 mins. by foot)
- Naree_shop.th is 450 m away (about 5 mins. by foot)
The surrounding area, where Formosa Ratchayotin is situated, offers a wide variety of restaurants. See the closest of them below:
- Aunt Phatthana's shop as per order is 290 m away (a walk of about 4 mins.)
- Grandma's Curry Rice is 90 m away (a walk of about 1 min.)
- Ban Bang Khen is 90 m away (a walk of about 1 min.)
TAOZi Management Co., Ltd is the nearest health facility, which is 660 m away (you can walk there in 9 mins.) from the project, while the closest schools in the proximity of Formosa Ratchayotin are:
- e-IQ English: The English Language Learning App for Professionals is 150 m away (about 2 mins. by foot)
- garage is 810 m away (about 10 mins. by foot)
- sweet dream house for sale is 710 m away (about 9 mins. by foot)
Suvarnabhumi Airport is located 36.7 km from Formosa Ratchayotin and it takes about 33 mins. by car or taxi (depending on the traffic) to get there.