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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 Monaco 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 Monaco is conveniently located just 200 m from 7-Eleven, Pattaya Sai 2 branch, Soi 16/1 (10770), which can be reached within 2 mins. by foot.
There are many other shops situated in the area of The Monaco, the 3 closest being:
- MOOK THAI MASSAGE is 390 m away (about 5 mins. by foot)
- Salon livorno pattaya is 560 m away (about 7 mins. by foot)
- Pattaya Shoes is 790 m away (about 10 mins. by foot)
The surrounding area, where The Monaco is situated, offers a wide variety of restaurants. See the closest of them below:
- Masala Chai is 360 m away (a walk of about 4 mins.)
- Pa Chu Forest Restaurant is 690 m away (a walk of about 8 mins.)
- Hill Side Restaurant is 380 m away (a walk of about 5 mins.)
Thai Wellness Vacation is the nearest health facility, which is 350 m away (you can walk there in 4 mins.) from the project, while the closest schools in the proximity of The Monaco are:
- The Bridge Family Center and English Class is 570 m away (about 7 mins. by foot)
- Elite language school is 720 m away (about 9 mins. by foot)
- A ONE PATTAYA LANGUAGE CENTER is 840 m away (about 10 mins. by foot)
U-Tapao–Rayong–Pattaya International Airport is located 50.0 km from The Monaco and it takes about 52 mins. by car or taxi (depending on the traffic) to get there.