Buy Condo Thailand: 2025 Complete Guide for Foreign Buyers

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Thailand at a Glance

Thailand is one of Asia’s favorite destinations for condo buyers. Sunshine almost all year, affordable living, good healthcare, and a friendly culture make it easy to see why. And the choice? Pretty wide. From Bangkok high-rises to Phuket beachfront, from Pattaya’s city-by-the-sea vibe to Chiang Mai’s slow pace and Hua Hin’s retiree charm, there’s something for everyone.

Why People Buy Condos in Thailand

So, why do people decide to buy a condo in Thailand?

Prices are easier on the wallet compared to places like Singapore or Hong Kong.

The lifestyle is rich — beaches, food, culture, nightlife, healthcare — it’s all here.

Condos fit every type: urban, beachfront, wellness-oriented, or quiet suburban.

Expat communities make the move less intimidating.

At the end of the day, it’s rarely just about property. It’s about upgrading your way of life.

Key Things to Know Before You Buy

Here’s what every buyer should know upfront:

Foreign quota: Only 49 percent of sellable space in a project can be foreign-owned. Always double-check before signing.

Payment rules: Money has to come from abroad in foreign currency. That’s how ownership is registered.

Mortgages: Hard to get if you’re not Thai. Most foreigners pay in cash.

Fees and taxes: Transfer fee, stamp duty, withholding tax — all apply, but they’re modest compared to many other countries.

Due diligence: Work with trusted developers and get a lawyer to review the contract. Better safe than sorry.

Who’s Actually Buying Condos Here?

The Real Estate Information Center (REIC) says foreigners bought more than 7,100 condo units in the first half of 2025, worth about THB 28.7 billion (≈ USD 780 million). More than 80 percent of those deals were in Bangkok and Pattaya.

China is still number one, but its numbers are falling. Myanmar has jumped up, with transfers more than doubling. Russians, Taiwanese, French, Americans, British, Germans, Indians, and Japanese are all active too.

So, is Thailand still a one-country story? Not anymore. The market is becoming more diverse, and that’s a good thing.

Thailand’s Top Condo Markets in 2025

Bangkok

The capital is the country’s condo hub. Expats and investors love Sukhumvit, Silom, Sathorn, and the Riverside. Rama 9 and Huai Khwang are newer CBD areas, popular with Thais and Chinese. Prices start under THB 3 million (≈ USD 83,000) in the suburbs and go up to THB 300,000 per sqm (≈ USD 8,300) for prime luxury projects.

Phuket

Phuket is Thailand’s best-known island. Villas are big here, but condos are still a strong pick for exclusivity and lock-and-leave living. Demand comes from Russians, Indians, and Europeans. Inland areas are more affordable, while Bang Tao or Patong can command a premium.

Pattaya

Pattaya is only a short drive from Bangkok and has long been popular with expats and retirees. Condos here range from budget studios to luxury beachfront. Chinese, Russians, and Europeans are steady buyers, along with Thais picking up weekend homes.

Chiang Mai

If mountains and culture are more your style, Chiang Mai delivers. Retirees and digital nomads make up much of the buyer pool. Prices are generally more affordable than in Bangkok or Phuket, though seasonal smog is something to keep in mind.

Hua Hin

Hua Hin is a classic royal seaside town and a retiree favorite. Wellness-oriented condos are a growing trend. Areas like Khao Tao, Khao Takiab, and Pranburi are gaining traction, too. Some retirement villages even cater to Europeans. Prices have been climbing fast, with some projects now hitting THB 200,000 per sqm (≈ USD 5,500).

What Could Shape the Market Next

The market is improving, but it’s not without its challenges. The REIC points to a few pressure points:

Global changes like new US tax policies.

Lower household incomes are making it harder for Thais to buy.

Stricter banks, with more mortgage applications rejected.

Political and border-area uncertainty.

The thing is, these issues affect Thai buyers more than foreign ones. Since most overseas buyers pay in cash, the impact is smaller. In fact, international demand is one reason the market stays steady in 2025.

FAQs About Buying a Condo in Thailand

1. Can foreigners buy a condo in Thailand?

Yes. As long as the 49 percent quota isn’t full, foreigners can buy. Payments must come from abroad in foreign currency.

2. How much does it cost to buy a condo in Thailand?

It depends. In suburban or secondary cities, you’ll find projects under THB 3 million (≈ USD 83,000). Prime Bangkok or Phuket luxury projects can reach THB 300,000 per sqm (≈ USD 8,300).

3. Which city is best for retirees?

Hua Hin and Chiang Mai are top choices. Bangkok and Phuket work better for lifestyle and investment.

4. Is it a good idea to buy a condo in Thailand for investment?

Yes, but have a plan. Bangkok and Phuket are stronger for rentals and resales. Hua Hin and Chiang Mai are better if you want a lifestyle with steady long-term value.

Key Takeaway

When you buy a condo in Thailand, you’re choosing more than just bricks and mortar. You’re choosing lifestyle, community, and affordability. Whether it’s Bangkok’s energy, Phuket and Pattaya’s beaches, Chiang Mai’s slower pace, or Hua Hin’s wellness vibe, there’s a market that can match your goals.

Ready to explore? Check out verified condos across Thailand’s top markets — Bangkok, Phuket, Pattaya, Chiang Mai, and Hua Hin — with Superagent.

Friendly Note

This guide is here to share general insights about buying a condo in Thailand. It is not legal or financial advice. At Superagent, we support you throughout your property journey, but we always suggest speaking with licensed professionals such as lawyers or financial advisors before making final decisions