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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 Siam Penthouse 1 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.
Siam Penthouse 1 is conveniently located just 350 m from 7-Eleven, which can be reached within 4 mins. by foot.
There are many other shops situated in the area of Siam Penthouse 1, the 3 closest being:
- Food Mart is 670 m away (about 8 mins. by foot)
- 7-Eleven Sukhumvit 8 is 240 m away (about 3 mins. by foot)
- Arirang Shopping Mall is 650 m away (about 8 mins. by foot)
The surrounding area, where Siam Penthouse 1 is situated, offers a wide variety of restaurants. See the closest of them below:
- restaruant is 80 m away (a walk of about 1 min.)
- Baan Isan Muangyo is 340 m away (a walk of about 4 mins.)
- Prai Raya is 70 m away (a walk of about 1 min.)
Community Medicine Clinic is the nearest health facility, which is 850 m away (you can walk there in 10 mins.) from the project, while the closest schools in the proximity of Siam Penthouse 1 are:
- BaanKhunPoo Nursery is 310 m away (about 4 mins. by foot)
- Wannawit School is 360 m away (about 4 mins. by foot)
- Wan Witthaya School is 360 m away (about 4 mins. by foot)
Suvarnabhumi Airport is located 29.0 km from Siam Penthouse 1 and it takes about 39 mins. by car or taxi (depending on the traffic) to get there.