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BANGKOK LARGE 92 m2 1 BR 2 BA 2 balcony fully furnished corner built condominium in Central Bangkok Sathorn/Convent area. Foreigner Quota Permitted Condo Unit. Easily, inexpensively, quickly convertible into 2BR, 2BA for very minimal cost if desired. Huge L.R. 23 m2 Master Bedroom. 2 in-ceiling 25,000 BTU 4-directional air flow type AC units. 600 bottle wine cellar. Double door refrigerator, 5 burner electric hob, Unused new oven and unused new automatic 2-level dishwasher. 2 useable balconies with sliding glass doors. 5 windows with open views north and east offer very substantial light into the unit. Underground no-cost parking for 1 vehicle. Condo building has large pool, fitness center, saunas, large jacuzzi, 4 useable event rooms, large multi-unit washer/dryer utility room. Google 'Pearl Garden Condominium' - it is superbly located on a very quiet residential soi (Soi Pipat) that runs between Silom Road and Sathorn Road, close to Convent Road. Thailand's #1 Hospital (BNH) is only 100 meters away. ST. Joseph's Convent School 150 meters. BTS Station Chongnongsee 150 meters, BTS Station Saladaeng 400 meters, MRT Station Silom 500 meters. Lumpini Park 700 meters distance. 2 fast-access tollways (2 and 3 kms respectively). Bangkok Bank HQ 150 meters. Three nearby supermarkets (Villa 100 meters), (Foodland 250 meters), Tops (150 meters). Central Dept. Store Silom 300 meters. 5 Starbucks within 300 meters. 5 major banks within 200 meters. Fully furnished.
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 Pearl Garden 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.