# Can Foreigners Buy a Condo in Thailand? The 49% Quota Explained

Yes. Under the Condominium Act B.E. 2522 (1979), foreigners can buy a condo unit in Thailand and hold the title in their own name, but foreign-owned units together may not exceed 49% of the total unit area of the building, and the money must be brought in from abroad in foreign currency, with a bank document to show at the transfer. 336 of the 340 condos for sale on DooAsset are freehold.

## What foreigners can and cannot own

| Type | Can a foreigner hold the title? |
|---|---|
| A unit in a condominium | Yes, within the building's foreign quota |
| Land (houses, townhouses) | Generally no, under the Land Code |
| Long lease | Yes; a lease can be registered for up to 30 years at a time |

That is why a condo is the main way for foreigners to own a home in Thailand.

## The 49% foreign quota

- The Condominium Act limits the units owned by foreigners to **49% of the total unit area** of the building.
- Before you reserve, ask the seller or the condominium juristic person to **confirm that foreign quota remains**. The Land Office checks the ratio on transfer day.
- If the quota is full, a foreigner cannot take that unit in their own name.

## Bringing the money in

- The purchase money must be **transferred from abroad in foreign currency** and converted to baht by a bank in Thailand.
- The receiving bank issues a document confirming the transaction, such as a Foreign Exchange Transaction Form (FET) for amounts of USD 50,000 or more, or a bank letter for smaller amounts.
- State in the transfer details that it is for buying a condominium unit, with the building name and unit number, and keep every document for the Land Office.

## Freehold or leasehold

As of 4 Oct 2026 DooAsset lists 340 condos for sale: 336 freehold, 2 leasehold and 2 not stated. A freehold buyer receives the condominium title deed in their own name.

## Prices worth knowing

- A one-bedroom unit on DooAsset has a median price of 5.98 million baht and a median size of 39 sqm.
- A two-bedroom unit has a median price of 12 million baht and a median size of 75 sqm.
- The median price per sqm across all units for sale is about 154,758 baht.

For lower prices, see [Buying a Condo Near BTS/MRT Under 5 Million Baht](https://dooasset.com/en/articles/buy-condo-near-bts-mrt-under-5-million-baht/).

## Steps and costs

- From reservation to transfer: [Buying a Resale Condo in Bangkok: Step by Step](https://dooasset.com/en/articles/buying-resale-condo-bangkok-step-by-step/)
- Fees and taxes on transfer day: [Transfer Day Costs for a Resale Condo in Thailand](https://dooasset.com/en/articles/resale-condo-transfer-costs-thailand/)
- Thai bank loans for foreigners are limited; most foreign buyers pay cash or borrow abroad.

> This article is general information, not legal advice. Rules on money transfers and documents can change; check with your bank and the Land Office before you transfer.

## Key facts

- Published: 4 Oct 2026
- Author: the DooAsset team
- Topic: For foreigners
- Reading time: 2 min

## Frequently asked questions

### Can a foreigner buy a condo in Thailand?

Yes, in their own name under the Condominium Act B.E. 2522 (1979), as long as the building's foreign quota (up to 49% of the total unit area) is not full and the money comes from abroad in foreign currency.

### Can a foreigner buy a house in Thailand?

Generally a foreigner cannot own land, so houses are usually taken on a long lease, registrable for up to 30 years at a time, or buyers choose a condo instead.

### How must a foreigner bring the money into Thailand to buy a condo?

Transfer it from abroad in a foreign currency and exchange it into baht at a Thai bank. The bank issues proof, such as a Foreign Exchange Transaction Form (FET) for USD 50,000 or more or a bank certificate for smaller amounts, which the Land Office checks on transfer day.

## Links

- [This article](https://dooasset.com/en/articles/can-foreigners-buy-condo-thailand/)
- [MRT Purple Line: 16 stations, interchanges, fares and condo rents](https://dooasset.com/en/articles/mrt-purple-line-stations-interchanges-fares/)
- [Flood repair tax break 2026: deduct 100,000 baht, borrow 2 million at 0%](https://dooasset.com/en/articles/flood-repair-tax-deduction-0-percent-loan-2026/)
- [Bangkok has 65,300 unsold condos, 25,700 of them ready to transfer](https://dooasset.com/en/articles/bangkok-condo-unsold-stock-q3-2026/)
- [All articles](https://dooasset.com/en/articles/)

Updated: 15 Oct 2026

## AI agents

- MCP server (Streamable HTTP, JSON-RPC 2.0, no login): https://dooasset.com/mcp — tools: search_listings, get_listing, compare_listings, get_project, market_prices, move_in_cost, contact_options, request_viewing. All tools are read-only except request_viewing, which needs the user's explicit confirmation. Results in 10 languages (argument lang: en, th, zh, ja, ko, ru, de, fr, my, es; links go to that language's pages).
- WebMCP: pages of dooasset.com expose tools to an agent in the visitor's browser — forms (search_properties, request_viewing, contact_dooasset, list_property) and, where the browser supports WebMCP, the read-only MCP tools, answering in the language of the page.
- Markdown: a page answers `Accept: text/markdown` with its Markdown version (also at `{page URL}index.html.md`).
- Guide for agents: https://dooasset.com/agents.md · server card: https://dooasset.com/.well-known/mcp.json