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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 The Peony 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.
The Peony is conveniently located just 130 m from 7-Eleven Grand Sathorn Branch (07532), which can be reached within 1 min. by foot.
There are many other shops situated in the area of The Peony , the 3 closest being:
- zhong antique is 540 m away (about 7 mins. by foot)
- Hanuman Jewelry Center is 4.7 km away (an approx. drive of 11 mins.)
- Tuck is 1.1 km away (an approx. drive of 3 mins.)
The surrounding area, where The Peony is situated, offers a wide variety of restaurants. See the closest of them below:
- Racha Grilled Pork Neck Rama 4 is 470 m away (a walk of about 6 mins.)
- NOVEMBER BANGKOK is 370 m away (a walk of about 5 mins.)
- Seasoning Bar & Restaurant is 340 m away (a walk of about 4 mins.)
MedPark Hospital is the nearest health facility, which is 1.8 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of The Peony are:
- Nion's Garden is 390 m away (about 5 mins. by foot)
- Chongkoton 3 is 2.1 km away (an approx. drive of 6 mins.)
- Grapefruit 3 is 2.1 km away (an approx. drive of 6 mins.)
Suvarnabhumi Airport is located 33.4 km from The Peony and it takes about 31 mins. by car or taxi (depending on the traffic) to get there.