In depth · Property
Buying property in Thailand: the official rules
What the Thai government’s own portal says about buying property as a foreigner. It is general information, not legal advice.
Updated October 2026
Condominiums and the 49% quota
The Condominium Act B.E. 2551 (2008) allows foreigners, or juristic persons, who enter Thailand legally, or under the Investment Promotion Act, to buy and own a condominium unit. In total, foreigners may not own more than 49% of the space of the whole units in any one condominium: in a building of 1,000 units, the government’s example says, 490 can be sold to foreigners (thailand.go.th).
Ask the building’s juristic office for its current foreign quota before you commit.
Land
Foreigners are generally prohibited from owning land. Section 96 bis of the Land Code allows a foreigner who invests at least 40 million baht in a qualifying investment, held for at least five years, to buy up to one rai of land for residence only, in designated areas such as Bangkok and Pattaya, and not in a military zone (thailand.go.th).
Where people live
See our property guide for the riverside, Lumphini and Wireless Road, Sukhumvit and Thonglor, and Ari, and the international consultancies with Bangkok offices. We don’t publish prices.
Questions and answers
Can a foreigner buy a condominium in Bangkok?
Yes: under the Condominium Act, foreigners may own condominium units, as long as foreign ownership in the building stays within 49% of the space of all its units (thailand.go.th).
Can a foreigner buy land in Thailand?
Generally not. Section 96 bis of the Land Code allows a limited exception for qualifying investors (thailand.go.th). Take legal advice.
General information only, not legal advice. Source: thailand.go.th, the Government Public Relations Department’s portal (data from the Real Estate Information Center). Confirm with a qualified lawyer.