Can foreigners legally own a villa or apartment in Thailand?

Yes — foreigners can own buildings, including villas and apartments. Land ownership is restricted, but secure alternatives exist.

Can I own land as a foreigner?

Not directly, but many foreigners lease land long-term or use Thai companies. The key is having strong legal protection.

What paperwork protects my ownership?

A proper sale and purchase agreement, lease registration (if applicable), due diligence on the land title (Chanote preferred), and legal support throughout the process.

Can I get a mortgage in Thailand?

It’s very limited for foreigners. Most purchases are cash, but some banks offer financing with strict conditions.

How are payments structured in new developments?

Typically staged based on build progress — e.g. deposit, foundation, structure, completion. Always check the developer's reputation and ask what happens if they go bust.

What’s a Blue Book and do I need one?

The "Tabien Baan" (Blue Book) is a household registration document. Not essential for ownership but helpful for visas and certain services.

Can I rent out my villa or apartment?

Yes. Many owners rent short-term or long-term. Some developments allow self-management, others require using their service.

What kind of rental return can I expect?

Depends on location, season, and marketing. A well-located villa or apartment can generate up to 10% returns annually and even higher with good management and depending on purchase price of course.