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Project: The Address Sathorn | The Address Sathorn Highlights: - Size 1 bedroom, 1 bathroom, area 55.5 sq.m., 5th-10th floor, very good condition, newly renovated the whole room, with clear bird net, comfortable to the eyes, no annoying balcony dirt - Corner room, north direction (very rare room, this type has only one room per floor), open view, quiet, good wind, receives gentle sunlight, can dry clothes but not hot, the air conditioner does not work hard, saves electricity, on Saturdays/Sundays or festivals, see fireworks as a bonus - Another advantage of this type of room is that it does not get direct afternoon sun, which if it is on the west side, the afternoon will be very hot and is next to the community football field, there is noise when playing sports - The floor is not too low and not too high, the balcony has an open view, comfortable to the eyes - The location is considered the best, the BTS is at the entrance of the alley, more than 20 famous restaurants and hangout spots, can walk to spas and onsens, both Healthland and Yunomori - Driving is also convenient, can enter both Sathorn and Silom sides, if going into the city, there is no traffic jam. School in the morning, wake up comfortably - The condo facilities are complete with two gyms and two swimming pools Nearby landmarks: - BTS-Saint Louis (200m) - BTS-Chong Nonsi (450m) - Saint Louis Hospital (350m) - Empire Tower (750m) - Yunomori Onsen & Spa (350m) - Healthland Sathorn (200m) - Mahanakhon Building (450m) Restaurants and hangout spots within 10 minutes walk: - Rocket - KAI Newzealand - Charm Eatery - Crow - XII Mediterranean Restaurant - Le Café des Stagiaires - Giglio Trattoria Fiorentina - Cetara Bangkok - Izakaya Hotei - ALT - Dry Age - UFO Doughnuts - Supanniga Dining Room Sathorn 10 - Maison Dunand - (Not Just) Another Cup
Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.
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 Address Sathorn 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.