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This property is a 29 SqM condo with a Studio and 1 bathroom that is available for rent. It is part of the Ideo Mobi Sukhumvit East Point project in Bang na, Bangkok and was completed in Jan 2020.
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 Ideo Mobi Sukhumvit East Point you have to follow these steps:
1BR-2BR Installment Milestone Payment Reservation Deposit Upon contract signing $2,930 2nd Installment On handover 100% 3BR Installment Milestone Payment Reservation Deposit Immediately $5,870 1st Installment On handover 100%
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.