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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 Lumpini Place Rama IV-Sathorn 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.
Lumpini Place Rama IV-Sathorn is conveniently located just 90 m from V.Shop Express, which can be reached within 1 min. by foot.
There are many other shops situated in the area of Lumpini Place Rama IV-Sathorn, the 3 closest being:
- 7-Eleven is 150 m away (about 2 mins. by foot)
- CP Freshmart Sathorn Condo is 160 m away (about 2 mins. by foot)
- 7-Eleven is 260 m away (about 3 mins. by foot)
The surrounding area, where Lumpini Place Rama IV-Sathorn is situated, offers a wide variety of restaurants. See the closest of them below:
- KRA PRAO BODY 3 is 90 m away (a walk of about 1 min.)
- Sour House Restaurant is 90 m away (a walk of about 1 min.)
- Preaw Pak Resturant is 90 m away (a walk of about 1 min.)
CJ Medi Care (Thailand) Company Limited is the nearest health facility, which is 430 m away (you can walk there in 5 mins.) from the project, while the closest schools in the proximity of Lumpini Place Rama IV-Sathorn are:
- Little Sister Fresh Homemade Bakery is 130 m away (about 2 mins. by foot)
- P'Tibouts is 200 m away (about 3 mins. by foot)
- Protestant Church of the German Language German Protestant Church is 450 m away (about 6 mins. by foot)
Suvarnabhumi Airport is located 34.4 km from Lumpini Place Rama IV-Sathorn and it takes about 38 mins. by car or taxi (depending on the traffic) to get there.