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Housing and buying

Freehold and leasehold, quotas, monthly rentals and buying property.

7 guides

Guide How to rent a condo in Pattaya long term: areas, prices, contracts On 19 October 2026, listings on Thailand-Property ask a median of THB 25,000 a month for a one-bedroom condo in Pattaya (150 listings, half of them within THB 21,250-35,000) and THB 40,000 for a two-bedroom (75 listings). In the north, Wongamat and Naklua, a one-bed is asked at THB 35,000 on median, in the centre and Jomtien at THB 25,000. These are asking prices from listings, not signed contracts, and other sources give less: the FazWaz median is THB 17,000 and Numbeo estimates THB 12,333-18,750. The tenant rules are the same as in Phuket: if the landlord rents out 3 or more homes, the deposit and advance rent together cannot exceed 3 months' rent, and the landlord must report your move-in to immigration within 24 hours (TM30).
Guide How to rent a home in Phuket long term: prices, contracts, scams On 19 October 2026, listings on Thailand-Property ask a median of THB 25,000 a month for a one-bedroom condo in Phuket (150 listings, half of them within THB 20,000-35,000) and THB 45,000 for a two-bedroom (75 listings). Rawai (about THB 34,000 for a one-bed) and Choeng Thale (Bang Tao, Layan, about THB 30,000) are the most expensive, Wichit next to the town the cheapest at about THB 17,750. These are asking prices from listings, not deal statistics: on a second aggregator, FazWaz, the one-bed median is THB 28,000, and Numbeo puts a one-bed outside the centre at THB 15,600. If the landlord rents out 3 or more homes, the deposit and advance rent together cannot exceed 3 months' rent, and the landlord must report your move-in to immigration within 24 hours (form TM30).
Guide Freehold or leasehold: which should a foreigner choose in Thailand A foreigner can own a condo unit freehold if the purchase money is brought in from abroad and foreigners together hold no more than 49% of the building's total unit floor area (the foreign quota). Foreigners generally cannot buy land, so villas and houses are held through a land lease (leasehold): under the Civil and Commercial Code, no longer than 30 years, renewable for no more than another 30, and only if registered at the Land Office. A '90-year lease' is not guaranteed by law, and neither a 75% quota nor 99-year leases had been enacted as of October 2026. This page explains the rules and is not legal advice.
Question Does buying property in Thailand give you a visa or residency Buying property in Thailand does not give you a visa or residency by itself. The Immigration Bureau does extend stays for investors who buy or lease for at least 3 years a condo worth 10 million THB or more, for up to one year at a time and only if you already hold a Non-Immigrant visa. Separately, the LTR visa for Wealthy Global Citizens counts property towards a USD 500,000 investment, and Thailand Privilege membership starts at 650,000 THB with no link to property (as of October 2026).
Question Has Thailand passed the 75% foreign quota and 99-year leasehold No. As of October 2026 neither the 75% condo quota nor the 99-year lease has been enacted. Under the Condominium Act, foreigners together may own no more than 49% of the unit area in a building, and an ordinary lease of immovable property under the Civil and Commercial Code is capped at 30 years, renewable for up to 30 years. Leases of 30 to 50 years exist only for commerce and industry under a separate 1999 act. This explains the rules and is not legal advice.
Guide Can you rent out a condo in Thailand on Airbnb No, short-term condo rentals have not been legalised as of October 2026. Paid temporary lodging falls under the Hotel Act B.E. 2547, and in 2023 the Department of Lands clarified that condominium units cannot be used for hotel business, even with the co-owners' consent. On 29 September 2026 the government put a draft Accommodation Establishments Act to the Cabinet to replace the Hotel Act, but the old law applies until a new one is published in the Government Gazette. This explains the rules and is not legal advice.
Guide How to rent a condo or house in Thailand for a month or longer Since 4 September 2025, Thai rules for anyone renting out 3 or more homes cap the deposit and advance rent together at 3 months' rent, ban charging more for electricity and water than the utilities charge (for homes from September 2026 the first 200 kWh cost no more than THB 3 each), and require the deposit back within 7 days if there is no damage, 14 days if there is. A private owner with a single condo is not covered, so the contract decides everything. Under the Immigration Act the owner or occupier must report a foreign tenant to immigration within 24 hours on form TM30 (as of October 2026).