
Buying a condo in Thailand: the clear process
The honest answer with numbers, for international buyers
The purchase runs in clear steps: define goal and budget, select the project, reserve the unit, sign the sale-and-purchase agreement, transfer the money from abroad with FET documentation, then register ownership at the Land Office. Foreigners buy full freehold within the 49 percent Foreign Quota. A notary does not exist and is not needed.
The steps at a glance
| Step | What happens |
|---|---|
| 1. Goal and budget | own use, letting or mix defines area and project |
| 2. Selection and viewing | shortlist, show units, honest pros and cons |
| 3. Reservation | small fee secures the unit and price |
| 4. Contract (SPA) | payment plan, specs, handover terms |
| 5. Foreign transfer + FET | send funds from abroad, bank issues the FET record |
| 6. Handover and registration | snag check, final payment, title deed in your name |
Why the FET matters
The Foreign Exchange Transaction record proves your money entered Thailand from abroad, which is the condition for foreign freehold registration and for repatriating funds later. Details on the FET page.
Off-plan payment logic
Off-plan purchases split the price into build-stage instalments, often 2 to 4 years, with roughly 30 percent around contract and about 20 percent at handover. How to buy off-plan safely is covered here.
Frequently asked questions
Can foreigners really own a condo?
Yes, full freehold in your own name within the 49 percent Foreign Quota of each building, registered on the title deed at the Land Office under the Condominium Act.
Do I need a lawyer?
For standard new-build purchases from vetted developers usually not; for resale or special structures an independent review is sensible. We say honestly which case you are in.
How long does the process take?
A completed unit can transfer within weeks once funds arrive; off-plan follows the build timeline with registration at handover.

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