Ownership & Law

Can foreigners buy property in Thailand? +

Yes, with certain restrictions. Foreigners can purchase condominiums in their own name (Freehold), provided the foreign share in the building does not exceed 49%. Villas and houses are typically purchased through a leasehold model (30-year lease with renewal option). We help you understand which structure suits your situation.

What is the difference between Freehold and Leasehold? +

Freehold means full ownership of the property. In Thailand, this is generally only possible for foreigners with condominiums, provided the foreign ownership quota is not exceeded.

What additional costs are involved? +

In addition to the purchase price, budget for: transfer fee (approx. 2%), stamp duty (0.5%), possible withholding tax, and legal fees. Exact terms depend on the project and contract type.

How does the buying process work in Thailand? +

The process usually begins with a reservation (deposit). After legal review of the contract, signing and step-by-step payment follow. The final ownership transfer is registered at the Land Office.

Location & Market

Where are the best locations for property in Phuket? +

That depends on your goals. For investors, locations like Cherng Talay (incl. Bang Tao, Layan), Kamala, and Cape Yamu are popular. For owner-occupiers, proximity to the beach, infrastructure, and lifestyle matter more.

Is property in Phuket a good investment? +

Phuket offers stable demand driven by tourism, limited coastal land, and growing infrastructure. Rental yields in the villa and condo segments are attractive, but a realistic assessment is essential.

What is the current property market like in Phuket? +

The market is active, with strong demand in the villa segment and growing supply of new developments. Prices vary significantly by location, build quality, and project phase.

About Our Service

What exactly does PHUKET PROPERTY ADVISORY offer? +

We offer independent initial guidance for NRI buyers. This includes goal clarification, a structured market overview, project evaluation, and personal on-site assistance upon request.

Are you a broker or an agency? +

Neither. We are an independent advisory service. We do not sell property, we help you understand the market and make the right decision.

What does the initial consultation cost? +

The initial Zoom consultation (approx. 30 min.) is free and without obligation. Our compensation comes through partner projects.

How does an initial consultation work? +

Via Zoom (approx. 30 min.): We discuss your goals, budget, and search criteria. You then receive a structured orientation, objective and without sales pressure.

For NRI Buyers

Are there tax implications in my home country? +

That depends on your individual situation (residency, double taxation agreements, type of use). We recommend consulting a tax advisor.

Can I complete the purchase from abroad? +

In principle, yes, many steps can be handled remotely. For certain procedures (e.g. viewings, contract signing), a visit on site is recommended.

In which currency is payment made? +

Usually in Thai Baht (THB). For freehold purchases, proof is required that funds were transferred from abroad (Foreign Exchange Transaction Form). We recommend clarifying the details early with a local lawyer.

Still Have Questions?

Schedule a Zoom consultation, we will address your open questions.

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