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Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.
Foreign nationals cannot own land in Thailand in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry, which secures ownership indefinitely of the structure.
In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.
A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.
Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points:
After you have found the right property at The Cave Luxury Pool Villas @Krabi you have to follow these steps:
Untitle Installment Milestone Payment Reservation Deposit Immediately 2% 1st Installment when signing the purchase contract 33% 2nd Installment when the main structure is completed 15% 3rd Installment when the architectural work has started, and the roof is completed 20% 4th Installment when entering the interior decoration work (finishing work) 20% 5th Installment when the house is ready for delivery (pre-handover) 5% 6th Installment after the transfer of ownership is completed 5%