Real Estate & Condo in Thailand | Freehold Purchase for Foreigners | Siam Visa Services

Service details

What we offer

🔍

Property search

Selection of condos matching your criteria: location, budget, quality. Visits organized with translator.

⚖️

Legal due diligence

Verification of title deed, foreign quota (49%), condominium fees and developer status.

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Fund transfer

Assistance with fund transfer from abroad via FET (Foreign Exchange Transaction), a mandatory document for registration.

📝

Land Office registration

Support at the Land Office for ownership transfer, contract verification and freehold title registration in your name.

Freehold vs Leasehold
Criteria	Freehold	Leasehold
Ownership	Full ownership	30-year usage right
Foreigner eligible	Yes (condo, 49% quota)	Yes (condo + house)
Resale	Free	Landlord approval
Inheritance	Transferable	Not guaranteed
Resale value	Stable / increasing	Depreciated

How it works

Steps of your accompaniment

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01

Initial consultation

Discussion of your project, budget and criteria. Explanation of property rules for foreigners (freehold condo, 49% quota).

📋

02

Selection & viewings

Pre-selection of properties, viewings organized with our bilingual team. Detailed comparison of options.

⚙️

03

Legal due diligence

Title, quota and developer verification. Sales contract review by our legal partner.

✅

04

Transfer & registration

Fund transfer with FET, support at the Land Office, freehold title registration.

Included in the service

What's included

✓Condo search and pre-selection
✓Viewings with French-Thai translator
✓Full legal verification (title, quota, developer)
✓Fund transfer assistance (FET)
✓Land Office support
✓Sales contract review

Frequently asked questions

Real Estate & Condo

Can a foreigner buy a condo in Thailand?+

Yes. A foreigner can own a condo as freehold in their own name, provided the 49% foreign ownership quota in the condominium is not exceeded.

What is the 49% quota?+

Thai law (Condominium Act) limits foreign ownership to 49% of the total area of a condominium. The remaining 51% must belong to Thai nationals. We verify this quota before any purchase.

Can a foreigner buy land or a house?+

No, a foreigner cannot own land in Thailand. Alternatives include: long-term lease (30 years renewable), Thai company structure, or usufruct. We advise on the best option.

What is the FET (Foreign Exchange Transaction)?+

The FET is a Thai banking document proving that purchase funds were transferred from abroad in foreign currency. It is mandatory to register a condo in a foreigner's name at the Land Office.

What are the fees when buying a condo?+

Fees include: transfer fee (2% of appraised value), specific business tax (3.3%) or stamp duty (0.5%), withholding tax, and condominium fees. The seller/buyer split is negotiable.

How to transfer funds to buy a condo?+

The Foreign Exchange Transaction Form (FETF) is mandatory. Funds must be wired from abroad in foreign currency to a Thai bank account. The Thai bank issues the FETF certificate needed to register the condo at the Land Office in your name.

Can a foreigner get a mortgage in Thailand?+

It is very difficult. A few Thai banks offer loans to foreign residents with a 30-50% down payment, 5-8% interest rates and a maximum term of 15-20 years. Most foreign buyers finance from their home country.

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