Thailand Condos for Sale Price ranges, legal requirements, mortgage options and more answered for you.
Yes, foreigners can buy a house in Thailand under certain rules. Foreigners have the freedom to buy a maximum of 49% of the property in apartments. However, purchasing a single-family home can be more complicated and usually needs to be done through a Thai local. Contact us for more information.
Here are some important points to consider when buying a house in Thailand:
Using a Real Estate Agent: An experienced real estate agent can make the process easier.
Legal Status: Check the property title deeds and legal status.
Building Permit for Projects: New projects should have building permits and licenses.
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Home prices in Thailand vary greatly depending on location and property features. As of 2025, the average home price in Thailand will typically start at 2 million THB (approximately $60,000 USD) and location strongly influences prices. While prices may be higher in major cities like Bangkok, Pattaya and Phuket, more affordable prices can be found in rural areas. However, you can also find a condo for between 1 million baht and 2 million baht. Contact us for more information.
Home prices in Bangkok vary from area to area. New and modern apartments in the central areas (such as Sukhumvit, Silom) can generally cost between 100,000 - 300,000 THB/m². In the outer areas, prices can range from 30,000 - 70,000 THB/m². In summary, prices for an apartment usually start from 3 million THB (90,000 USD) and can go up to 20 million THB (600,000 USD).
House prices in Pattaya vary greatly depending on proximity to the beach and comfort level. As of 2025, the average price of an apartment is around 1.5 million THB (45,000 USD). Luxury apartments and villas can cost 5 million THB (150,000 USD) and above. Pattaya offers an attractive option for those looking for more affordable properties.
As Phuket is one of the most popular holiday destinations in Thailand, house prices are quite high. As of 2025, prices for newly built apartments generally range between 70,000 – 140,000 THB/m². Generally, if you want to buy a villa or luxury property, you will need to start from 10 million THB (300,000 USD).
Passport: A valid passport for foreign investors.
Residence Permit in Thailand: If you are a resident foreigner, you will need a residence permit.
Financial Documents: Financial proof such as bank statements, income documents, etc. may be required.
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Yes, some banks in Thailand offer mortgages for foreigners. However, financing rates are usually higher than for locals and the application process can be complicated. The loan amount usually covers 50-70% of the property value.
Home maintenance costs vary depending on the size and condition of the property. In general, a good rule of thumb is to set aside 1-2% of the property value for an annual maintenance budget. In addition, housing fees or management fees should be added.
Investment Opportunities: Thailand is a touristic country, making it an attractive area for real estate investors.
Low Cost: Home prices and living costs are generally lower compared to many other countries.
Emerging Market: Economic growth and increasing tourist traffic are supporting the rise in real estate values.
