Condos are the most straightforward way for a foreigner to own property in Thailand outright. Here's how it actually works.
The 49% quota
Thai law limits foreign ownership of any condominium building to 49% of the total floor area. If a building has reached its quota, foreigners can't buy a freehold unit there — so the first check is always whether quota is available in the building you like.
The process
Find the unit and reserve it with a small deposit, then run due diligence: your lawyer confirms the quota, checks the title and any encumbrances, and reviews the sale agreement. Payment follows a clear schedule — typically 20–30% down with the balance at transfer.
At the Land Office
You'll need your passport, a certificate from your embassy confirming your marital status (for the foreign ownership record), and — if you want to bring funds in via the banking system — a Foreign Exchange Transaction form. Most buyers simply transfer from abroad; your lawyer will guide you.
The whole process usually completes in 4–6 weeks from reservation. We've done it countless times and can introduce you to a trusted lawyer for every step.
