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Water Park is a condominium project located in Pratumnak Soi 5 and was completed in 2015. It has 210 units across 8 floors. It is also close to Pattaya's several well-known attractions, including Phra Tamnak Mountain, Big Buddha, Bali Hai Pier, Jomtien Beach, Walking Street, and Central Festival Pattaya, etc. The facilities included fitness Center, Sauna Room, Gardens around the project, 2 Communal Pools, Playground, Parking Area, Passenger Elevators, CCTV and 24H of Security System. This apartment consists of 1 bedroom and 1 bathroom, situated on the 6th floor, offering 43 SQM. of living space. It comes fully furnished with a modern kitchen, dining area, living room, and a nice balcony with a partial sea view. This apartment is currently rented and can be sold with or without the sitting tenant. The ownership is registered under a Company name.
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 Water Park 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.