You lease the land for 30 years, typically with two pre-paid renewals, totaling a 90-year term.
Buying a house in Phuket is a popular choice for foreigners seeking a mix of high-yield investment (6–12% per annum) and a tropical lifestyle. While Thai law generally restricts foreigners from owning land outright, several legal structures make homeownership possible. 🏠 Ownership Structures for Foreigners
Historically used to buy land through a company with majority Thai ownership. However, as of 2025, authorities have significantly tightened inspections on "shell companies" used solely for property holding.
Foreigners can own the (house/villa) but not the land it sits on. To secure the property, most buyers use one of two methods:
Foreigners can own 100% of a condo unit in their own name, provided the building's total foreign ownership doesn't exceed 49%. 📍 Top Investment Areas (2025–2026)
Market trends for 2026 show continued growth, especially in the mid-to-high-end residential sectors.
