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Property and real estate
We recommend you to contact an experienced agent:
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Owning houses and property
Thailand is in many ways a perfect country to settle down in. Pleasant climate, reasonable prices, beautiful nature, wonderful beaches and people who are easy to get along with. It is natural that many foreigners are looking for a home and house here, but first of all it is wise to get some basic knowledge about the Thai law regarding real estate.
Foreigners and foreign companies are actually not allowed to own a direct interest in land in Thailand, with one exception from this rule; Apartments or condominium units. However there are a few other legal ways to go, for properties as houses and villas.
If you have a Thai partner, he or she can own the property, and if not, you will be able to lease a property for period of 30 years. This period is renewable so in reality a 60 year leasehold is possible. But do always consult a lawyer before any contracts are written. There are many real estate agencies on Koh Samui and Koh Phangan so do not stress.
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