Properties Knowledge

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Properties Knowledge
Properties Knowledge

Foreigners may own:

  • A unit in a registered condominium
  • A building (as distinct from it's land)
  • Registered leasehold of up to 30 years for all types of titled land (and/or buildings). However with appropriate extension and purchase options a 30 year lease can become tantamount to freehold purchase.

Foreigners may not own:

  • Freehold land
  • More than 49% of the shares in a Thai company that owns freehold land

Measurements in Thailand
Land is measured in Rai, Ngan and Wah.

1 Rai = 4 Ngan (or 1600 Sq.m.)
1 Ngan = 100 Wah (or 400 Sq.m.)
1 Wah = 4 Sq.m.
1 Acre = 2.5 Rai
1 Hectare = 6.25 Rai

Metric measures are usually used in the construction and measurement of buildings. Land prices are usually expressed in Baht per Rai or (for smaller plots) Baht per Wah.

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