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The spacious condo is fitted with 1 bedroom, a flat-screen TV with satellite channels and a fully equipped kitchen that provides guests with a dishwasher, a microwave, a washing machine, a toaster and a fridge. Towels and bed linen are offered in the apartment. For added privacy, the accommodation has a private entrance and soundproofing. A bar can be found on-site. Guests can relax in the garden at the property. Wat Arun is 5.3 km from the apartment, while Wat Pho is 5.3 km from the property. The nearest airport is Don Mueang International Airport, 29 km from Luxury River Residenz.
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 Baan Sathorn Chaophraya 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.