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This property is a 140 SqM condo with 3 bedrooms and 2 bathrooms that is available for rent. It is part of the Siamese Exclusive Sukhumvit 31 project in Khlong Toei Nuea, Bangkok and was completed in Dec 2018
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 Siamese Exclusive Sukhumvit 31 you have to follow these steps:
FQ Installment Milestone Payment Reservation Deposit Immediately ฿300,000 Down Payment Upon contract signing 30% 1st Installment On handover 70%
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.