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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 V Residence Payap 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.
V Residence Payap is located 5.7 km away from 7-Eleven Ban Mae Kao (Round Ring 2) and it can be reached within 6 mins by car.
There are many other shops situated in the area of V Residence Payap, the 3 closest being:
- HomeSukkapan is 110 m away (about 1 min. by foot)
- Home Sukaphan is 130 m away (about 2 mins. by foot)
- All Is One Service is 5.0 km away (an approx. drive of 6 mins.)
The surrounding area, where V Residence Payap is situated, offers a wide variety of restaurants. See the closest of them below:
- JON SA LAO SEAFOOD BUFFET is 10 m away (a walk of about 1 min.)
- Chalawan is 5.3 km away (approx. 6 mins. by car)
- Payap-Meechok Ocha Chicken Rice Shop is 140 m away (a walk of about 2 mins.)
Reun Hattha Pirom is the nearest health facility, which is 6.6 km away (you can drive there in 11 mins.) from the project, while the closest schools in the proximity of V Residence Payap are:
- Institute of Religion, Culture and Peace is 5.4 km away (an approx. drive of 7 mins.)
- Sirindhorn Learning Resource Center is 5.2 km away (an approx. drive of 6 mins.)
- Lemur Lion Lamb Daycare is 6.3 km away (an approx. drive of 8 mins.)
Chiang Mai International Airport is located 18.0 km from V Residence Payap and it takes about 20 mins. by car or taxi (depending on the traffic) to get there.