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Home » Reader question » Reader question: How many foreigners own a property (house or condo) in Thailand?
Dear readers,
Is there a website somewhere that shows how many foreigners own a property (house or condo) in Thailand?
Who has an idea about that?
Regards,
Guido (BE)
Hi Guido,
I am not aware of the existence of such a database.
It seems very unlikely to me.
I suspect that the Thai land registry will only show Thai persons or institutions in view of the rules of land ownership.
Usufruct, lease constructions, right of superficies, etc. for farangs will not be registered.
And for condo complexes only the Thai VVE will be registered I suspect.
Gr.Bert
Foreigners are allowed to own condos.
In many new construction projects in popular places there is a Thai/Foreigner quota. A maximum percentage of foreigners per building/project.
Example text from a project folder:
The foreigner can only buy an apartment in condominium to own it personally. Moreover, this flat must be in “international quota”. According to Thailand laws not more than 49% of living space in any building recognized as condominium can be sold to ownership of foreign residents. The other 51% of living space can be sold to Thailand citizens or companies which are registered on the territory of Thailand only.
Nothing new about it. That has been the case for years. This rule also applies to apartments.
It is about "free in name", not as a member of a "VvE".
Is there such a thing as a land register in Thailand anyway? I've tried to find out. Asked several Thai, but they don't know about the existence.
Real Estate agents also asked, but they also look at me with a glassy look.
So if anyone knows more about this please let me know.
Gr. Glenno
I think the Land office here acts as a land register.
Here matters such as mortgage, purchase and sale are put in writing
Country office.
Where your ownership of real estate is registered and you get a title deed.
The Land Department (in Thai: กรมที่ดิน) is the government agency responsible for issuance of land title deeds, registration of real estate transactions in Thailand and land topography and cartography matters. As a matter of legal formality and for the legal effect, Thais and foreigners entering into transactions concerning real estate (including transactions involving land, buildings and condominium units) in Thailand generally must (with an exception for short term leases) register the transactions with this agency.
Of course there is a land register in Thailand. It is called การลงทะเบียนที่ดิน kaan long thabian thie din, usually just called ที่ดิน thie din. Every larger city has such an office. That's where the land titles de chanoot come from.
But it still doesn't answer the question of how many foreigners own a house or condo in Thailand.
Without a land register it would be a mess, land is demarcated with official posts and recorded on official deeds (ownership in 1 categories: red, black or green Garuda). Just ask at the กรมที่ดิน (krom thìe din), the land office.