Asoke Towers Condominium

Yes, foreigners can buy a condo in Asoke Towers Condominium.

Under Thailand's Condominium Act B.E. 1979, foreign nationals are allowed to own freehold condominiums, provided the development's "Foreign Quota" does not exceed 49% of the total ownership. The remaining 51% is reserved for Thai nationals or entities.

The nearest stations to Asoke Towers Condominium are Asoke BTS Station, located about 300 meters away, a 3-minute walk, and Petchaburi MRT Station, approximately 130 meters away, just a 2-minute walk.

Yes, Asoke Towers Condominium is a freehold condominium, meaning that units can be owned outright by buyers, including foreign nationals, within the foreign quota limits. However, foreign ownership is typically limited to 49% of the total units in a condominium project.

A condo, which is short for condominium, refers to an independently owned residential unit that is situated in a building or complex with other residential units.

The owners of these condos usually share common spaces and are required to pay association fees to ensure the upkeep of the shared resources, amenities, and common spaces (CAM Fees)

The buying process can be broken down into the following steps:

Step 1: Negotiate Terms & Conditions
Step 2: Offer Letter and check documents.
Step 3: Pay initial deposit.
Step 4: Sign the Sales and Purchase Agreement
Step 5: Prepare for property Transfer

For more detailed buying process please check FAQ for Buyers