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Condominium for sale in Bangkok, conveniently located in Sathorn, 800m from the subway MRT Lumpini station & 1,5km from the subway station BTS Chong Nonsi. The Silom Complex mall is also located within easy reach (1.3km) while the Lumpini Park & international BNH hospital are a mere km away. This high-end condo is located on a high floor and offers breathtaking views to the city and the greenery from every room. It features 1 bedroom, 2 bathrooms, an open plan living & dining area with 6m high ceilings, a kitchen as well as a balcony. A second bedroom could be recreated for those who need it. This unit, which is accessed by a private lift, also gives access to a large private storage space just outside the unit. The breakdown of the unit space is as follows: 134m2 unit area + 5m2 outside storage room + 12m2 fixed parking lot. Facilities include one of the largest swimming pools in Bangkok, a tennis court, a fully equipped fitness, a city view lounge on the 34th floor, car parking space & 24/7 security.
Property ID: ABKK28439
Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.
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 The Sukhothai Residences 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.