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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 Narumol Residence 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.
Narumol Residence is located 1.4 km away from 7-Eleven Pridi 41 and it can be reached within 5 mins by car.
There are many other shops situated in the area of Narumol Residence, the 3 closest being:
- Century Sukhumvit is 670 m away (about 8 mins. by foot)
- Park Avenue is 790 m away (about 10 mins. by foot)
- Miss Su Fan Parts is 1.3 km away (an approx. drive of 5 mins.)
The surrounding area, where Narumol Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Coffee Beans By Dao (Ekamai 12) is 10 m away (a walk of about 1 min.)
- BABYCCINO is 10 m away (a walk of about 1 min.)
- Hospitality Management Asia is 60 m away (a walk of about 1 min.)
It's clinical is the nearest health facility, which is 740 m away (you can walk there in 9 mins.) from the project, while the closest schools in the proximity of Narumol Residence are:
- Bun Thanom Kindergarten is 630 m away (about 8 mins. by foot)
- ICWW School-Training Center is 110 m away (about 1 min. by foot)
- Ekamai International School is 260 m away (about 3 mins. by foot)
Suvarnabhumi Airport is located 24.4 km from Narumol Residence and it takes about 28 mins. by car or taxi (depending on the traffic) to get there.