Buying Property

Can foreigners buy freehold property in Thailand?

Short answer: Yes, foreigners can buy freehold property in Thailand, but with some limitations-most notably on land ownership. What foreigners can own freehold. Condominiums - Foreigners can legally buy and own a condo in their own name, freehold, as long as: , The unit is in a registered condo building. , The total foreign ownership in the building does not exceed 49% of the total unit space. , The funds used to purchase are sent into Thailand in foreign currency and documented with a Foreign Exchange Transaction (FET) form.

Yes, foreigners can buy freehold property in Thailand, but with some limitations—most notably on land ownership.

✅ What foreigners can own freehold:

  • Condominiums – Foreigners can legally buy and own a condo in their own name, freehold, as long as:
  • The unit is in a registered condo building.
  • The total foreign ownership in the building does not exceed 49% of the total unit space.
  • The funds used to purchase are sent into Thailand in foreign currency and documented with a Foreign Exchange Transaction (FET) form.
This is the most straightforward and secure way for foreigners to own freehold property in Thailand—especially in cities like Pattaya, where there are many quality condo developments.

❌ What foreigners cannot own freehold:

  • Land or landed houses – Foreigners cannot own land outright under Thai law. To own a house, foreigners typically:
  • Lease the land (30-year renewable lease), or
  • Buy through a Thai company structure (with legal and tax oversight)
At Alan Bolton Property Consultants, we specialise in helping foreigners navigate safe, legal, and profitable property purchases—especially freehold condos in Pattaya’s best areas like Pratumnak Hill, Wongamat, and Jomtien. Would you like to see available freehold condos in Pattaya that suit your lifestyle and budget? 👉 Contact us today for tailored listings and expert local advice.