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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 Lake Avenue Sukhumvit 16 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.
Lake Avenue Sukhumvit 16 is conveniently located just 50 m from FamilyMart, which can be reached within 1 min. by foot.
There are many other shops situated in the area of Lake Avenue Sukhumvit 16, the 3 closest being:
- Biological Organic Fertilizer is 290 m away (about 4 mins. by foot)
- Milly Molly Building is 0.8 km away (an approx. drive of 4 mins.)
- V.Siam Optical 29 is 2.3 km away (an approx. drive of 7 mins.)
The surrounding area, where Lake Avenue Sukhumvit 16 is situated, offers a wide variety of restaurants. See the closest of them below:
- Curry pilaf shop is 160 m away (a walk of about 2 mins.)
- Altong baan kampoo @ asoke is 20 m away (a walk of about 1 min.)
- Tensui is 70 m away (a walk of about 1 min.)
The Regeneration Center is the nearest health facility, which is 220 m away (you can walk there in 3 mins.) from the project, while the closest schools in the proximity of Lake Avenue Sukhumvit 16 are:
- Chormongkorn Phut Crop Company Limited is 40 m away (about 1 min. by foot)
- Swing Kings golf BKK is 190 m away (about 2 mins. by foot)
- Wang RabbitWhiteRabbitPalace is 120 m away (about 2 mins. by foot)
Suvarnabhumi Airport is located 31.9 km from Lake Avenue Sukhumvit 16 and it takes about 32 mins. by car or taxi (depending on the traffic) to get there.