Thailand Property


Home on the Chao Phraya River Bangkok


Thailand Property

This Thailand Property Guide will hopefully keep you informed of all the latest news and developments for acquiring quality homes in cities such as Bangkok and Chiang Mai as well as the holiday resort towns of Pattaya, Phuket, Hua Hin and beyond.

The first and most important question asked when inquiring about ownership of property in Thailand is quite simply, can foreigners own the land on which a home is built. The answer is equally simple. Although foreigners may purchase their dream home outright, they cannot own the land on which the property is built. The land is, however, available on a 30-year lease agreement.

At first, this may seem a little strange to most of us but it's not all necessary doom and gloom, especially if you have fallen in love with the beauty of Thailand and would perhaps like to retire in this heavenly piece of paradise.

There are of course legal routes in which to secure the rights to use the land and build your dream villa or home. One method is to purchase land in the name of a Thai national which could be either a Thai spouse, a Thai business partner or any other Thai you may know to trust. 


Luxury Villas in Hau Hin


You would then lease the land from your Thai partner or trusted friend for a period of 30 years with a further option to extend for an additional 30 years. I have heard that you could possibly even extend this to a total of 90 years but this has not being confirmed as yet. Just remember to be especially careful when dealing with any kind of property purchases in Thailand.

A second option is to start a Thai company in which you retain 49% of the shares and then purchase the land through the company. A point to mention here is that your Thai business partner would, therefore, retain possession of the land as his name would appear on the title deeds. You would then need to enter into a new agreement to lease the land from your business partner. Are you beginning to see the big picture here as this, unfortunately, is the Thai way?

If in any doubt there is a third option for your consideration and that is to perhaps purchase one of any number of the luxury condominiums located around the country. This would be the same as purchasing property under a sectional title agreement for which no lease is required. You would therefore not own the land on this property anyway. 


Beautiful Home in Pattaya


Thailand Property

I have a colleague who is a real estate agent in two of the most popular seaside resorts of Pattaya and Hua Hin. His name is Mitch Malone, who owns a company called First Choice Homes offering a fine selection of delightful homes for you to view. Should you be looking for any Thailand property in these areas, then Mitch would certainly be able to lend a helping hand. Not only would he be able to show you around, he would also be able to assist you with any inquiries regarding the purchase.

I also have a very good friend from South Africa who runs a business in Bangkok and owns an apartment in the city. He also bought a house in Chiang Mai which he shares with his Thai wife. Although he purchased the house himself, he could only retain 49% of the total property shares. His wife, therefore, retains the greater share of the property including the land. He would then have entered into a 30-year lease agreement for the land from his wife. The lease clause is a necessary consideration when thinking of purchasing property in Thailand

You may only want to consider purchasing property in Bangkok if you lived and worked there for some time, but there are some amazing homes to buy at all the major hotspots. I have personally seen some beautiful homes in the seaside resorts in Pattaya, Phuket and Hua Hin.

Every time I come here, I divide my time around trying to put in so much of everything including looking at the property markets. 


Villas on Kho Tao Island


Thailand Property

Pattaya and Hua Hin

First Choice Homes satisfying all your property-related needs in Pattaya and Hua Hin with over 20 years experience. Should you be looking to rent, buy or sell, then come and see why everyone is talking about us! Sorry to have to tell you this but my dear colleague Mitch is temporary out of in the housing market due to poor sales and the current downturn in demand. I shall endeavour to let you know if and when the situation should change. Hopefully for the better. 

Talay Property - Houses For Rent Pattaya And Thailand Real estate management services with Pattaya properties for rent and for sale. With a listing of condos, apartments, houses, villas and businesses on Jomtien beach, beach road and in central Pattaya Thailand.


Garden Property in Chiang Mai



Return from Thailand Property to the Home Page



Visit Luxury Thailand Travel's profile on Pinterest.


Recent Articles

  1. What to wear in Thailand

    Dec 02, 16 09:59 AM

    The question most foreign visitors ask is what to wear in Thailand during their vacation. The answer is to simply pack light and choose mostly natural cotton that is carefree and comfortable.

    Read More

  2. Ko Samui Island

    Dec 01, 16 02:05 PM

    The picturesque beauty of Ko Samui Island lies just off the Gulf Coast of southern Thailand, attracting visitors to the beaches of Chaweng and Lamai as well as Ang Thong National Marine Park

    Read More

  3. Good Thai Girls in Thailand

    Nov 29, 16 09:40 AM

    Meeting Good Thai Girls in Thailand is a lot easier than you may think and this guide will help you in your quest on where the best places to go looking for good girls in the land of smiles.

    Read More

  4. Ko Samui Beach

    Nov 28, 16 01:08 PM

    This Ko Samui Beach Guide is filled with the palm fringed beaches such as the magnificent Chaweng Beach, the lovely Lamai Beach and the beautiful Big Buddha Beach.

    Read More

  5. Chiang Mai Attractions

    Nov 27, 16 05:35 AM

    Some of the best Chiang Mai Attractions include important historical sites such as Wat Phrathat Doi Suthep, Wat Chedi Luang and Wat Suan Dok.

    Read More


Please note that this post contains some affiliate links which means I earn a small commission at no extra cost to you if you should purchase after clicking through my blog. Also remember that I never promote any products or services here unless I've used and loved them myself.

Your host Grahame (Yep! that's me) from Luxury Thailand Travel says he'd really appreciate your kind support. Simply take your next tour by selecting any one of the many excursions listed on the left side of this page and or book your hotel reservation to amazing Thailand using the HotelTravel search box below. Have a happy holiday and a safe trip.

Destination
Check-in
Check-out
Rooms :
Child
Adult(s)


E-mail Address
First Name
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Luxury Thailand Travel.


Touristlink Certification Badge

Free Web Submission

Build a Better Travel Blog

Thai Dating

Hotel Booking

HotelTravel.com – Worldwide Leader in Hotel Bookings with Guaranteed Lowest Rates and Discounts of up to 75% Off!

Hotels and Resorts

Top Thailand Hotels

Beaches

Islands

National Parks

Attractions

Entertainment

Kids Stuff

Bangkok Markets

Bangkok Temples

Arts and Crafts

Festivals

Restaurants

Recipes

Herbs and Spices

Mythical Creatures

Nightlife

Go Go Bars

Blog Traffic