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For Sale: THE TRUST Condo, Sukhumvit Road, Nong Prue, Pattaya, Chonburi 20150, Thailand For Sale THE TRUST South Pattaya (Owner Selling Directly) Located on Sukhumvit Road Opposite Jomtien Hospital Very convenient for transportation Close to local markets and easy access to food 24-hour security On-site maintenance service 24 hours Parking available in front and underneath the building Room Details: 9th Floor, approximately 29.92 sq.m. 1 Bedroom, 1 Living Room, Corner Unit at the back of the elevator, no foot traffic, city view Available for both foreigner quota and Thai ownership Water heater 2 air conditioners (in the bedroom and living room) Thick curtains in both rooms Built-in TV stand, sink, wardrobe Bed + mattress + sofa
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 Trust Condo South Pattaya 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.