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Can foreigners own freehold property in Thailand?

Short answer: Yes, foreigners can own freehold property in Thailand-but only under specific conditions, mainly when it comes to condominiums. Here’s what’s allowed. Condominiums: Foreigners can own freehold condos in their own name, as long as: , The condo is part of a registered condominium building. , The total foreign ownership in the building does not exceed 49% of the total unit space. , Funds used for purchase come from overseas and are properly documented with a Foreign Exchange Transaction (FET) form.

Yes, foreigners can own freehold property in Thailand—but only under specific conditions, mainly when it comes to condominiums.

Here’s what’s allowed:

  • ✅ Condominiums: Foreigners can own freehold condos in their own name, as long as:
  • The condo is part of a registered condominium building.
  • The total foreign ownership in the building does not exceed 49% of the total unit space.
  • Funds used for purchase come from overseas and are properly documented with a Foreign Exchange Transaction (FET) form.
  • ❌ Land: Foreigners cannot own land freehold in Thailand. This includes villas or houses with land, which means alternative structures like leasehold, Thai company ownership, or spousal ownership need to be used.
At Alan Bolton Property Consultants in Pattaya, we specialize in helping foreign buyers secure freehold condos in top locations like Pratumnak Hill, Jomtien, and Central Pattaya.

Want to see a list of available freehold condos in Pattaya right now? 👉 Contact us for up-to-date listings and expert advice on buying safely in Thailand.