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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 Richy Tower 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.
Richy Tower is conveniently located just 120 m from 7-ELEVEN, which can be reached within 2 mins. by foot.
There are many other shops situated in the area of Richy Tower, the 3 closest being:
- 7-11 Petchkasem Branch 28 is 120 m away (about 2 mins. by foot)
- 7-Eleven, Phyathai 3 Hospital Branch is 210 m away (about 3 mins. by foot)
- Minimart is 330 m away (about 4 mins. by foot)
The surrounding area, where Richy Tower is situated, offers a wide variety of restaurants. See the closest of them below:
- Shabuma Shabuma is 90 m away (a walk of about 1 min.)
- JBAR & RESTAURANT is 130 m away (a walk of about 2 mins.)
- Mr Kieng Empire is 120 m away (a walk of about 2 mins.)
Child Center is the nearest health facility, which is 200 m away (you can walk there in 2 mins.) from the project, while the closest schools in the proximity of Richy Tower are:
- Win Phetkasem 23 is 90 m away (about 1 min. by foot)
- Nuannoris Temple is 430 m away (about 5 mins. by foot)
- Mathematics Tutor School Somkiat Phasi Charoen is 340 m away (about 4 mins. by foot)
Suvarnabhumi Airport is located 44.6 km from Richy Tower and it takes about 47 mins. by car or taxi (depending on the traffic) to get there.