Phuket Real Estate

Buying real estate in Phuket offers high-yield investment options and luxury living, though navigating Thailand's specific legal framework for foreign buyers requires a structured approach. 

 

Legal Framework for Foreign Buyers

Foreign nationals face distinct ownership rules when buying property in Thailand:

• Condominiums: Foreigners can own residential condominiums 100% outright in their own name, provided the total foreign ownership of the building does not exceed 49% of the total space. 

• Villas and Land: Foreigners cannot own land directly under their personal name. Instead, they typically purchase the physical structure (villa/house) and secure a renewable 30-year leasehold agreement for the land, or invest via a Thai Limited Company structure under strict legal oversight.