Foreigners looking to Buy Thailand Property have 5 main ownership options available. Buyer Beware in Buying Real Estate in Thailand. Buying a house in Thailand Thailand is one the most beautiful places you can opt for after your retirement from your professional career, if you desire living a relaxed life. Foreign nationals can buy property in Thailand, choosing either freehold or leasehold as the form of ownership. Rest-assured, buying property in Thailand is straightforward and the laws are easy to follow and understand. Find property for sale from top developers and agents such as Land and Houses (LH), Sansiri, Pruksa, Century 21, Supalai, RE/MAX and many more. thailand-property.com has fast become the number one property portal website for expats featuring an extensive selection of real estate to buy and rent in thailand. Foreigners cannot own land. The problem is, for most foreigners, buying a property in Thailand is not as simple as it would be in their home countries.. All our services are free of charge! Buying a property in Thailand then seems the natural next step. Condominium Freehold Titles simply called “condos”. With so many great property for sale in Thailand it’s an evergreen question, and according to Thai legislation, foreigners are not enabled to own land in Thailand. No registration needed! 3. Property values in Bangkok have shot up in the past 15 years which has translated to a ‘hands off’ approach from the government. When looking at buying real estate in Thailand, especially a new condo unit, it’s important to perform due diligence to ensure your investment will be a sound one. In fact, it can be downright difficult as Thailand has strict rules about foreigners owning apartments, town houses, houses and other structures in the Land of Smiles. 4. These cities have many tourist resorts with access to miles long white beaches, golf courses, and scuba diving. The buyer is usually responsible only for: Legal fees: Fixed costs depending on the circumstance, between $571 and $857 Buying a property in Thailand involves very low taxes and fees - as most costs are covered by the seller. However, at this price level, you also have the opportunity to buy a medium-sized house in places like Hua Hin (located around 2-3 hours by car from Bangkok) or Phuket (located in Southern Thailand). Building and structures located on a plot of land. Although Thailand is a magnificent place for the discerning investor to own property, we are aware that not every buyer takes the time to understand the complexities of Thailand’s real estate market and its laws. If curious about purchasing, a foreign buyer has two options : either a 30-year leasehold or buying the property through a restricted business. BUYING IN THAILAND. However, they can own and control: 2. Investors and homebuyers can follow these 3 simple rules: 1. A complex market: why you need sound advice. 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