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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 Suite Ratchada-Rama III 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 Suite Ratchada-Rama III is conveniently located just 430 m from 7-Eleven, which can be reached within 5 mins. by foot.
There are many other shops situated in the area of Lumpini Suite Ratchada-Rama III, the 3 closest being:
- Tops market Rama 3 | Supermarket CentralPlaza Rama 3 is 350 m away (about 4 mins. by foot)
- Grandpa’s family and friends is 570 m away (about 7 mins. by foot)
- Boots Central Rama 3 is 360 m away (about 4 mins. by foot)
The surrounding area, where Lumpini Suite Ratchada-Rama III is situated, offers a wide variety of restaurants. See the closest of them below:
- Pho (Central Plaza Rama 3) is 240 m away (a walk of about 3 mins.)
- Mitazaki is 320 m away (a walk of about 4 mins.)
- PEPPINA RAMA3 is 250 m away (a walk of about 3 mins.)
Rama 3 Clinic .... Surin Surin Pol Sen is the nearest health facility, which is 450 m away (you can walk there in 6 mins.) from the project, while the closest schools in the proximity of Lumpini Suite Ratchada-Rama III are:
- Colori School of Art is 290 m away (about 3 mins. by foot)
- Yamaha Central Rama 3 Music Shop & School is 330 m away (about 4 mins. by foot)
- Kawai Music School CentralPlaza Rama III is 280 m away (about 3 mins. by foot)
Suvarnabhumi Airport is located 37.4 km from Lumpini Suite Ratchada-Rama III and it takes about 36 mins. by car or taxi (depending on the traffic) to get there.