Can a foreigner buy an apartment in Thailand?

Question

I mean without having to marry a Thai chic?

Thanks

Answer 1

yes.  but there are some regulations

Answer 2

yes - - but, in many places rentals are actually a better option - - if you come to the point of wanting your money out, re-sales can be difficult in many areas - - know what you are investing in and how quickly and costly it will be to get out - - in many areas they are way way overbuilt - and Thai prefer to buy new units as opposed to the dreaded 2nd hand.. there is no substitute for knowledge BEFORE you invest..

Answer 3

Yes you can. But with restrictions: you can only buy condominiums, and only if 51% of the owners are Thai. Buying a free standing house with a garden is officially not allowed. As foreigners are not allowed to buy land

But a common loophole is to build a number of bungalows/houses on a mutual foundation, cover the foundation with a nice garden and call it a horizontal condominium. The effect is the same as a free standing house with a garden.

Expect to shell out some money for that. Developers use this loophole to build expensive beach properties.

There are several other loopholes too: for example, you might lease the land for 33 years with a guaranteed extension. But talk with a reputable real estate agent about that.  

Answer 4

yes you can buy a condo, but you cant buy a house which has its own land as foreigners are not permitted to own land in thailand. condos in a gated community are ok as all the land is shared and not owned individually

Answer 5

You can buy a condo, but there are some regulations that you have to adhere to.  You don't have to be married to own a condo but there are lots of restrictions.  

Thai Visa Forum has questions on this subject pretty often.



http://www.thaivisa.com/buy_condo_thaila...

http://www.thaivisa.com/forum/Real-Estat...

If you have never been to Thailand before visit first before putting any money down!  Get a good lawyer!

Good luck.