The Investor's Handbook: Buying Houses for Investment.
Revealing every trick and answering investors' questions: Your guide to real estate investment.
When buying a house or villa in Thailand, choosing the right location is key, considering property values, availability, and market trends. Unlike condos, buying a house or villa is complex. While using a Thai company to hold land was once an option, it's only legal if the company is genuinely active. Instead, legal experts now recommend Lease, Superficies, or Usufruct arrangements. Moreover, the most important you need to look for the land that has “Land title deed number (Ms. 4)”. In Thailand, "Ms. 4" or Chanote, is the most secure land title deed, giving full ownership rights to accurately surveyed land.
How many types of purchasing contracts for foreigners (Houses/Villas)?
In Thailand, foreigners typically use two main contract types for real estate.
• Leasehold Agreement
Foreigners in Thailand can lease houses or villas for a set period, usually up to 30 years, with renewal options. This lets them live in the property without owning the land. A superficies agreement can also be added, allowing the foreigner to own the building on the leased land.
• Company ownership
Foreigners can own land and buildings in Thailand by forming a Thai company, provided their ownership in the company does not exceed 49%. This structure allows them to control the property through the company.