Buying Real Estate in Thailand
Thai law is different if you buy a condominium (an apartment) or a house and land.
Buying a condominium (apartment)
The legal aspects are clear, simple and safe and it’s easy for a foreigner to buy a condominium and get the deed in his name.
The buyer can trust that after the deed has been registered and transferred in his name there is no dept or any outstanding payments from the previous owner.
Foreigners can own up to 49% of all apartments in an apartment building measured by square meters. When you buy an apartment you therefore need to make sure the seller guarantees that you can be legally registered as the owner.