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Sale The Parkland Lite Sukhumvit - Paknam 1 Bedroom 28.37sq.m 16 Floor Tower B Project Highlights - Location near the Green Line BTS, Samut Prakan Station. Convenient - Swimming pool (Tropical salt system) - Fitness - Security. - shop - Garden (level playing) Important nearby places 1. Big C 2. Imperial World Samrong 3. Tesco Lotus 4. Erawan Museum 5. Naval Academy 6. Samut Prakan Polytechnic College 7. Paolo Hospital, Samut Prakan Address - Pak Nam Subdistrict, Mueang Samut Prakan District, Samut Prakan 10270
Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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 Parkland Lite Sukhumvit - Paknam 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.