What Should I Verify About Condo Ownership Limits & Quotas?

A foreigner can generally own a qualifying condo unit freehold if the building is properly registered under the Condominium Act and the foreign-ownership quota is available. You may need to show funds and foreign-exchange evidence. This route does not automatically apply to villas or non-condo buildings. Before purchasing, verify who owns the juristic person and that the quota certificate exists, and review the building’s common-fee structure, sinking fund, house rules, and title. The ownership form (freehold unit vs. lease or other rights) should be confirmed in writing by a qualified Thai lawyer. Also check the contract schedule against brochure claims and obtain current update on title, building permits, and occupancy. Obtain independent legal and possibly financial advice to confirm how the ownership will work in practice, including who handles estate planning, transfers, and taxes. Finally, ensure you are comfortable with ongoing costs and governance in the building, rather than relying on what the brochure promises.