Buying property in Thailand

What a foreigner can and cannot own on Koh Lanta, what a 30-year lease is really worth, and what it costs to get to the keys. Written by people who live here, not by a law firm's marketing department.

The 60-second version

If you read nothing else on this site, read this. Everything in the guides below is an expansion of these six lines.

Can a foreigner own land?
No. Never, in their own name.
There is no visa, no company and no marriage that changes this. Anyone telling you otherwise is selling you a structure that fails when it is tested.
Can a foreigner own a house?
Yes. Outright, forever.
The building and the land are two separate assets under Thai law. You can own the one standing on land you do not own.
So how do you hold the land?
A registered 30-year lease.
Backed by a superficies, which is the registered right to own your building on someone else's land. Both are registered at the Land Office.
What about the famous 30+30+30?
Only the first 30 years are enforceable.
A March 2025 Supreme Court ruling voided pre-signed renewals beyond the first term. Price a lease as a 30-year holding, not a 90-year one.
What about a condo?
Freehold, inside the 49% quota.
The one asset a foreigner can hold outright in their own name, land included. There are no condo buildings on Koh Lanta.
What does it cost to transfer?
Roughly 2% to 6% of the price.
Transfer fee, business tax or stamp duty, withholding tax. Who pays what is negotiable and is usually split.

Last updated July 2026

The guides

5 chapters

The questions everyone asks

Yes, when the structure is registered at the Land Office rather than promised in a contract. The risk in Thai property is almost never the country and almost always the paperwork: an unregistered lease, a nominee company, a deed nobody checked. Every guide here is about the difference.

Not for the whole process, but the transfer itself happens in person at the Land Office. A power of attorney can stand in for you, and a lawyer can hold it. Most buyers come once to see the property and once to sign.

Rarely, and not on the terms you are used to. Thai banks lend to foreigners only in narrow cases, usually with a Thai co-borrower, and a handful of international lenders serve the condo market. On Lanta, assume a cash purchase and treat any financing as a bonus.

A building you own outright and a registered lease and superficies are all inheritable, provided the lease is drafted to say so. Land held through a Thai spouse is a different question and needs a Thai will. This is one of the cheapest things to get right and one of the most expensive to get wrong.

Yes. A registered lease and superficies let you use the property as an owner would, including letting it. Short-term holiday letting is a separate licensing question under the Hotel Act, and the honest answer on Lanta is that enforcement is patchy but the law is not on your side.

Yes. Not an agent, not a friend who has done it before: a Thai property lawyer who is not the seller's. The due-diligence guide lists what they are for. It is the least optional cost in this whole process.

Ready to look at what is actually for sale?

Every listing on Lanta.Homes states its tenure, its deed class and what a foreign buyer can and cannot hold, on the listing itself.