A registered leasehold of up to 30 years
for all types of titled land (and/or buildings). However
with appropriate extension and purchase options a 30
year lease can become tantamount to freehold purchase.
FOREIGN NATIONALS MAY NOT OWN
Freehold Land
More than 49% of the shares in a Thai
company that owns freehold land
How is it measured ??
Land is measured in Rai, Ngan and Wah.
1 Rai = 4 Ngan (or 1600 Sq.m.)
1 Ngan = 100 Wah (or 400 Sq.m.)
1 Wah = 4 Sq.m.
1 Acre = 2.5 Rai (approx.)
1 Hectare = 6.25 Rai (approx.)
Metric measures are usually used in the
construction and measurement of buildings
Land prices are usually expressed in Baht per Rai or (for smaller plots) Baht
per Wah
What will it cost me ??
Labour and local building material costs
are low, but imported materials and prime beach land cost
more than many would expect. Proximity to the beach is
the single biggest determinant of land cost. Beach front
land can cost up to fifty times that of land plots in the
centre of the island.
