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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 Kris Residence 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 Kris Residence is conveniently located just 900 m from 7-Eleven Siriraj Road Branch (06643), which can be reached within 12 mins. by foot.
There are many other shops situated in the area of The Kris Residence, the 3 closest being:
- sayan big bike Patong is 960 m away (about 13 mins. by foot)
- Patong Optics Patong Optics is 2.3 km away (an approx. drive of 7 mins.)
- Soi 8 Beauty is 1.8 km away (an approx. drive of 5 mins.)
The surrounding area, where The Kris Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Let's Wok is 340 m away (a walk of about 5 mins.)
- SM Restaurant is 540 m away (a walk of about 8 mins.)
- Koden is 560 m away (a walk of about 8 mins.)
Takecare clinic Patong is the nearest health facility, which is 1.1 km away (you can drive there in 3 mins.) from the project, while the closest schools in the proximity of The Kris Residence are:
- Excursions in Phuket - Phuket Cheap Tour is 390 m away (about 5 mins. by foot)
- Siam Language School is 1.1 km away (an approx. drive of 3 mins.)
- Phuket Language Development School is 1.4 km away (an approx. drive of 4 mins.)
Phuket International Airport is located 41.8 km from The Kris Residence and it takes about 1 hour 1 min. by car or taxi (depending on the traffic) to get there.