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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 Executive Residence 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.
Executive Residence 1 is conveniently located just 320 m from Familymart, which can be reached within 4 mins. by foot.
There are many other shops situated in the area of Executive Residence 1, the 3 closest being:
- 7-Eleven is 330 m away (about 4 mins. by foot)
- 7-Eleven is 270 m away (about 3 mins. by foot)
- Family Mart is 310 m away (about 4 mins. by foot)
The surrounding area, where Executive Residence 1 is situated, offers a wide variety of restaurants. See the closest of them below:
- Comfort by Harlan is 460 m away (a walk of about 6 mins.)
- GE Thai Company Limited is 350 m away (a walk of about 4 mins.)
- M.C. Burger Pratumnak is 480 m away (a walk of about 6 mins.)
Top Clinic is the nearest health facility, which is 1.9 km away (you can drive there in 6 mins.) from the project, while the closest schools in the proximity of Executive Residence 1 are:
- Finnish school in Pattaya is 2.1 km away (an approx. drive of 6 mins.)
- Learn German Pattaya is 2.0 km away (an approx. drive of 6 mins.)
- The Bridge Family Center and English Class is 2.0 km away (an approx. drive of 6 mins.)
APAS Co., Ltd. is located 3.5 km from Executive Residence 1 and it takes about 9 mins. by car or taxi (depending on the traffic) to get there.