The Element by Anocha
Condominium · Under construction, completion Q2 2027
Thailand, Kamala, PhuketPrice on request
Tenure: Full perpetual ownership within the 49% foreign ownership quota
Thailand
Buy a condo in Thailand from the developer - 0% fee, freehold in your name
Foreigners can own condominium apartments outright within the 49% foreign ownership quota. Villas and land are available only on leases of up to 30 years.
Developers share prices on request - we will send the price list the same day. Market benchmark: the average foreign purchase is 4300000 Thairath / REIC, H1 2026
- 0% fee - the developer pays us
- Freehold condo within the 49% foreign quota
- Remote purchase - help with the transfer and FET
You buy from the developer at the official price. Our fee is paid by the developer.
Local time
6,533 units (-8.8%)Foreign condo transfers, H1 2026
Thairath / REIC · checked
4.3 million THB · 43.9 m²Average foreign buyer purchase
Thairath / REIC · checked
80% occupancy · average nightly rate 6 820 THBPhuket hotels, H1 2026
Cushman & Wakefield · checked
The market today
Where foreign buyers are purchasing
In H1 2026, 6,533 apartments worth 28.267 billion THB were transferred to foreign buyers; the average transaction was 4.3 million THB for 43.9 m². In Q1, transaction values in Phuket rose by 34.9%.
Thairath, The Nation · checked
Accommodation demand
Phuket hotels in H1 2026: 80% occupancy and an average rate of 6,820 THB. This is hotel market data, not apartment yield.
Cushman & Wakefield · checked
What we do not publish
We have not found reliable official statistics on rental yields or price per m² in Phuket. We do not show figures without a source.
Projects: Thailand
Thailand, Kamala, PhuketThe Base Bukit
Condominium · Stage to be confirmed
Thailand, Phuket Town, PhuketPrice on request
Tenure: Full perpetual ownership within the 49% foreign ownership quota
Ever Prime Residences
Condominium · Under construction, completion 2028
Thailand, Karon, PhuketPrice on request
1, 2 and 4 bedrooms
Tenure: Full perpetual ownership within the 49% foreign ownership quota
The Base Cherngtalay
Condominium · Stage to be confirmed
Thailand, Cherng Talay, PhuketPrice on request
Bang Tao Beach - 2.6 km
Tenure: Full perpetual ownership within the 49% foreign ownership quota
The Trees Residence
Condominium · Stage to be confirmed
Thailand, Bang Tao, PhuketPrice on request
1-2 bedrooms
Tenure: Full perpetual ownership within the 49% foreign ownership quota
The Base Midtown Phuket
Condominium · Under construction, completion 2028
Thailand, Sam Kong, PhuketPrice on request
Patong Beach - 10 km
Tenure: Full perpetual ownership within the 49% foreign ownership quota
Project map
Markers show cities and districts; confirm the exact location with the developer.
© OpenStreetMap contributors
Property ownership for foreign buyers
Condominiums - full ownership (perpetual ownership of the apartment) within the 49% quota. No direct land ownership; leases are available for up to 30 years.
Condominium quota
Foreigners may own no more than 49% of the total apartment area in a building. Purchase funds must come from abroad in a foreign currency.
Condominium Act · checked
Land
Foreigners cannot own land. Villas and houses are available with a land lease.
Department of Lands · checked
30+30-year leases
The maximum lease term is 30 years. The Supreme Court (decision 4655/2566) ruled that automatic 30+30-year extensions are invalid.
Addleshaw Goddard · checked
Taxes and costs
Transfer fee
2% of the assessed value upon transfer; the mortgage registration fee is 1%. The 0.01% concession applies only to Thai citizens. The parties allocate the fee as agreed in the contract.
The Nation · checked
Property tax
The maximum annual rate for residential property is 0.3%.
Land and Buildings Tax Act · checked
Rental income tax
Rental income is subject to personal income tax; the standard deduction is 30%. You are a tax resident if you spend 180 days or more in the country per year.
Revenue Department · checked
Full purchase cost
The property price is not the full amount. Here’s what will be added in Thailand.
| Registration fee - 2% of the appraised value; the parties agree how to split it | The Nation |
| Stamp duty of 0.5% or the seller's specific business tax | Revenue Department |
checked
Annual ownership costs: Property tax - up to 0.3% per year (Land and Buildings Tax Act); building maintenance fees vary by project.
Risks we take into account
No mandatory escrow during construction; daily rentals are prohibited without a license.
Construction
Escrow is not mandatory for off-plan purchases, so payment protections must be built into the contract.
Escrow Act · checked
Nightly rentals
Rentals of less than 30 days without a hotel license are illegal: fines of up to 20,000 THB and 10,000 THB per day.
Library of Congress · checked
Exit
A foreign buyer can purchase only if there is quota available in the building, which affects liquidity.
Who it is and isn't right for
Suitable
- Buying an apartment to live in or rent long-term
- Willing to work with a licensed operator for nightly rentals
Not suitable
- You need to own land or a villa outright
- Your strategy depends on nightly rentals without a license
What we check for each project: Check the available quota in the building, the project's hotel license, and payment protections in the contract.
Foreign buyers
Can a foreigner buy property in Thailand
Yes. A foreigner can buy a condominium unit freehold, within the 49% foreign quota of the building's floor area. Villas and land - only through leases of up to 30 years.
The key is the transfer. Payment must arrive from abroad in foreign currency with the purpose stated, and the bank issues a confirmation (Foreign Exchange Transaction Form). Without it, the unit cannot be registered to a foreigner, so we agree the payment route before the reservation.
Visa. The purchase itself does not grant residence.
This is general information, not legal advice. Before the reservation we check the terms for your passport with a lawyer in the country of purchase.
Can you buy remotely?
You can complete a purchase remotely using a power of attorney. Usually, one step still requires you to be there in person: signing it at a notary's office or consulate in your country.
Thailand
Yes. A representative acting under a power of attorney can register the title transfer at the Land Department. The official requirements include the power of attorney and the representative's documents (thailand.go.th). Land offices require their prescribed power of attorney form, signed abroad and certified (NYC Legal).
Important: Payment for a condominium must arrive from abroad in foreign currency, with the purpose of the transfer stated. The bank issues a Foreign Currency Transaction Form as proof. Without it, the unit cannot be registered in a foreigner's name (thailand.go.th).
This is general information, not legal advice. Have a lawyer or notary in the country where you are buying confirm the power of attorney form, translation and apostille before you transfer any money.
You transfer the funds for the property to the developer or into an escrow account under the contract - never to an agency.
Questions about buying
Can a foreigner buy an apartment in Thailand?
Yes, you can own an apartment in a condominium outright if foreign ownership in the building does not exceed 49% of its floor area. The purchase funds must come from abroad in a foreign currency (Condominium Act, checked September 14, 2026).
What about a villa or land?
Foreigners cannot own land. Villas are available through a lease of the land, for a maximum of 30 years (Department of Lands). The Supreme Court ruled that automatic "30+30" extensions are invalid (Addleshaw Goddard).
Can I rent it out by the day?
Renting out a property for less than 30 days without a hotel licence is illegal (Library of Congress). If your strategy involves nightly rentals, we check whether the project has a licence or works with a licensed operator.
What are the purchase costs?
The registration fee is 2% of the appraised value, with the split agreed in the contract. There is also a 0.5% stamp duty or the seller's specific business tax (The Nation, Revenue Department).
Are funds protected during construction?
Escrow is not mandatory for off-plan purchases (Escrow Act). We therefore build protection into the contract and select developers with completed projects.
How much does an apartment cost?
We could not find reliable official data on price per m² in Phuket, so we do not publish average Phuket prices. Prices for specific projects are listed on their pages, with sources and dates.
Articles: Thailand
Thailand · Legal · 4 minThailand: 49% Condominium Quota, Condos in Full Ownership and Villas on Long-Term Lease
A condominium apartment is the only widely available way for a foreigner to obtain full, perpetual ownership in Thailand. The quota is 49% of the total floor area of all units in a building; proposals to raise it to 75% and allow 99-year leases had not been adopted as of November 2026.
Thailand · Risks · 4 minThailand: Is Short-Term Rental Legal (Hotel Act and the 30-Day Rule)?
Renting out accommodation in Thailand for less than a month is considered hotel business. Operating without a license is a criminal offense, and a condominium unit cannot be used for hotel business at all. Rental yield calculations for a condo should be based on rentals of one month or longer.
Shortlist: Thailand
We'll find a condominium in Phuket or Bangkok
We'll check the foreign ownership quota, the project's hotel licence, and payment protections in the contract. We will send 5-7 checked projects with prices and a cost breakdown within one business day.
Who you will talk to
One consultant guides you from the first question to the keys. We speak English.