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" The Estelle Phrom Phong " BTS Phrom Phong Type : 2 Bedroom 2 Bathroom with Private Lift Size : 104 Sq.M.
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 Estelle Phrom Phong you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately $5,840 1st Installment Upon contract signing 10% 2nd Installment On handover 90%
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.