- + Add property for sale
- Sign up or Log in
- English-en
- GBP - £
- Buy
- Rent
- Phuket Property For Rent
- Phuket Market Overview
- See Newest Rentals
- List your Rental
- Sell
- Projects
- Advice
Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale. In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property, you have to follow these steps:
Payment PlansInstallmentMilestonePaymentContract FeeImmediately£2,360Contract FeeContract signing ( within 30 days after reservation signed )20%1st InstallmentPayable within 3 months after contract payment8%2nd InstallmentPayable within 3 months after 2nd payment8%3rd InstallmentPayable within 3 months after 3rd payment8%4th InstallmentPayable within 3 months after 3rd payment8%Final PaymentDec 202650%Payment PlansInstallmentMilestonePaymentReservation DepositImmediately£4,710Contract FeeContract signing ( within 30 days after reservation signed )20%1st InstallmentPayable within 3 months after contract payment8%2nd InstallmentPayable within 3 months after 2nd payment8%3rd InstallmentPayable within 3 months after 3rd payment8%4th InstallmentPayable within 3 months after 3rd payment8%Final PaymentOwnership Transfer within 30 December 202650%Payment PlansInstallmentMilestonePaymentReservation DepositImmediately£7,070Contract FeeContract signing ( within 30 days after reservation signed )20%1st InstallmentPayable within 3 months after contract payment8%2nd InstallmentPayable within 3 months after 2nd payment8%3rd InstallmentPayable within 3 months after 3rd payment8%4th InstallmentPayable within 3 months after 3rd payment8%Final PaymentOwnership Transfer within 30 December 202650%
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements, but they are usually easy to obtain.