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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 Econic Condo Chiangmai 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.
Econic Condo Chiangmai is conveniently located just 380 m from 7-Eleven, which can be reached within 5 mins. by foot.
There are many other shops situated in the area of Econic Condo Chiangmai, the 3 closest being:
- home toys shop is 230 m away (about 3 mins. by foot)
- BA Lottery is 570 m away (about 7 mins. by foot)
- Somnuk Place Chiang Mai is 450 m away (about 6 mins. by foot)
The surrounding area, where Econic Condo Chiangmai is situated, offers a wide variety of restaurants. See the closest of them below:
- Somsa restaurant is 110 m away (a walk of about 1 min.)
- Sunflower Restaurant is 180 m away (a walk of about 2 mins.)
- Aunt Kaew shop is 100 m away (a walk of about 1 min.)
Nong Hoi Community Health Center is the nearest health facility, which is 390 m away (you can walk there in 5 mins.) from the project, while the closest schools in the proximity of Econic Condo Chiangmai are:
- TK INTELLIGENT is 110 m away (about 1 min. by foot)
- Y.M.C.A. monolith is 180 m away (about 2 mins. by foot)
- School of Graphics and Design is 350 m away (about 5 mins. by foot)
Chiang Mai International Airport is located 8.4 km from Econic Condo Chiangmai and it takes about 14 mins. by car or taxi (depending on the traffic) to get there.