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Located only a few hundred meters from the beach and just a few minutes by car from the vibrant Pattaya city center, near Pattaya Park, Restaurants, Shops, Walking Street, Shopping malls, Golf courses, Sukhumvit Road, Immigration office, Bali Hai Pier, Jomtien and Pattaya City. (Foreign ownership) Nearby/Close to: Beach, Pattaya Park, Restaurants, Convenient stores, Supermarket, Banks, Walking Street, Sukhumvit Road, Bali Hai Pier, Immigration office, Golf courses, Shopping malls, Jomtien, Pattaya City.
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 Park Royal 3 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.