FOREIGN NATIONALS MAY OWN
- A unit in a registered Condominium
- A building (as distinct from its land)
- A registered leasehold of up to 30 years for all types of titled land (and/or buildings). However, with appropriate extension and purchase options, a 30-year lease can become tantamount to freehold purchase.
Please, contact us for more information.
FOREIGN NATIONALS MAY NOT OWN
- Freehold Land
- More than 49% of the shares in a Thai company that owns freehold land.
Please, contact us for more information.
How is it measured?
The land is measured in Rai, Ngan, and Wah.
1 Rai = 4 Ngan (or 1600 Sq.m.)
1 Ngan = 100 Wah (or 400 Sq.m.)
1 Wah = 4 Sq.m.
1 Acre = 2.5 Rai (approx.)
1 Hectare = 6.25 Rai (approx.)
Metric measures are usually used in the construction and measurement of buildings Land prices are usually expressed in Baht per Rai or (for smaller plots) Baht per Wah.
What will it cost me?
Labour and local building material costs are low, but imported materials and prime beach land cost more than many would expect. Proximity to the beach is the single biggest determinant of land cost. Beachfront land can cost up to fifty times that of land plots in the center of the island.