Thailand offers some of Asia's strongest gross rental yields (roughly 5–8% depending on city) and low entry prices outside Bangkok. One rule shapes every purchase: foreigners can own a condominium unit freehold, but cannot own land.
Each condominium building has a 49% foreign-ownership quota by sellable area. If that quota is already full, you cannot buy freehold in that building at any price — so confirming remaining quota is the very first due-diligence step, before any deposit changes hands.
Market overview
Bangkok's median condo price is around ฿125,000/m², with prime Sukhumvit, Silom and Sathorn stock at ฿200,000–350,000/m². Phuket runs near ฿144,000/m², while Pattaya (฿67,000–75,000) and Chiang Mai (฿58,000–63,000) are markedly cheaper. Foreign buyers pay the standard 2% transfer fee — the reduced 0.01% government stimulus rate applies only to Thai nationals.
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Mortgage rates in Thailand (2026)
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True cost of buying & owning
Get your exact numbers with the Hidden Buying Costs and Annual Ownership Costs calculators.
Step-by-step buying process
Protect your purchase
Once you own it, insure it. Compare the main home-insurance providers operating in Thailand on our Home Insurance by Country page — and see our Home Design & Décor guide for furnishing it.