Phaya Thai

Yes. Under Thailand's Condominium Act, foreigners can own condominium units freehold as long as foreign ownership in the building does not exceed 49% of the total saleable area. Purchase funds must be transferred into Thailand in foreign currency with bank evidence (Foreign Exchange Transaction form) for the Land Department transfer.

The listings section on this page shows verified public listings linked to Phaya Thai on GoThailandHome. Every listing goes through the platform's verification process before publication. The counts shown are platform inventory, not a complete market census.

Key checks include the developer's track record, the project's juristic person and sinking fund status, the title deed (chanote) at the Land Department, foreign quota availability for condos, and total transaction costs such as the transfer fee and taxes. A lawyer-led due diligence review before signing is strongly recommended.

Local mortgage options for non-residents are limited in Thailand. Some Thai banks and international banks offer financing to foreigners under specific conditions such as work permits or offshore income, and some developers offer installment plans. Most foreign buyers purchase with funds transferred from abroad.

Typical transfer-day costs at the Land Department include a 2% transfer fee on the appraised value, plus either specific business tax (3.3%) or stamp duty (0.5%) depending on the seller's holding period, and withholding tax. Owners also pay the annual land and building tax. Cost sharing between buyer and seller is negotiable and should be written into the contract.