A 30+30+30 lease Thailand structure does not give a foreign property buyer a registered 90-year ownership right. For an ordinary residential property lease, Thai law limits each lease term to a maximum of 30 years. A further lease may be agreed after the original term expires, but promises made today about years 31 to 90 should not be valued as though those additional 60 years were already registered...
For foreign property buyers, understanding freehold vs leasehold Thailand ownership is one of the most important steps before paying a reservation fee or signing a contract. Freehold and leasehold are not simply two ways of describing the same property. They represent different legal rights, different time horizons and potentially very different resale positions. For most international...
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