Can retirees buy a condo in Thailand?

If you are retiree and you wish to retired in Thailand you need to rent a condo to stay but sometimes you get tired of paying monthly then there is always a choice that you can buy a condo under your name in Thailand because  there are no restrictions on nationality and every foreigner who can enter Thailand legally (there are no visa-class requirements) can buy and own a condo unit within the foreign ownership quota of the condominium, but every foreigner must personally qualify for ownership under section 19 of the Condominium Act.