Hotel Property ownership law

FOREIGN OWNERSHIP OF REAL ESTATE IN THAILAND Foreigners can buy and hold Thai real estate through a variety of ownership structures and land titles. Several developers have set up company structures to provide for the ongoing management of their developments, and to secure ownership for individual buyers.

OWNERSHIP STRUCTURE The three most common forms of ownership are leasehold, freehold through a condominium title, and freehold through acquisition by a Thai company. LAND TITLE Property buyers also need to be aware of the different grades of land title in Thailand and ensure that the development they intend to buy holds the property on adequate title. CBRE Thailand staff can talk you through the merits of each existing land title – Chanote, Nor Sor 3 Gor, Sor Kor 1 and Por Bor Tor 5. FUNDING Some developers offer funding assistance but you need to be aware that the vast majority of purchases are on a 100% equity basis. CBRE Thailand will support you, from your search for your ideal property or land through to the signature of purchase agreements and transfer of money. CBRE Thailand will also recommend legal advisers who can provide guidance on ownership structures and can check land title.