A foreign buyer cannot own land in Thailand outright. The compliant routes are a registered 30-year lease of the land with registered ownership of the building (superficies), a condominium unit within the foreign quota, or purchase through a Thai company, which we do not arrange or recommend. We state the structure offered for each property before you commit, and your lawyer verifies it at the Land Office.
Title: Chanote (Nor Sor 4) is the only full, surveyed title. Nor Sor 3 Gor is sellable but weaker. The deed copy is checked during due diligence.
Transaction costs, customary norms with allocation agreed per deal: transfer fee 2 percent, withholding tax 1 to 3 percent, and either specific business tax 3.3 percent or stamp duty 0.5 percent. Registering a lease costs 1 percent of the total rent over the term plus roughly 0.1 percent stamp duty.
Running costs to budget for: electricity at around 8 THB per kWh with pools and air conditioning, pool and garden upkeep, insurance, Land and Building Tax, and management or sinking-fund contributions on project villas.
Lease renewals: a renewal clause is a contractual promise from the lessor, not a guaranteed right (Thai Supreme Court 4655/2566).