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Foreign nationals can own the building (別荘) 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 Sacarat Beachfront 3 you have to follow these steps:
Payment Structure 分割払い 節目 お支払い方法 予約金 予約契約締結時 10% 第1回目分割払い Upon signing Construction Agreement 25% 第2回目分割払い Completion of groundwork 20% 第3回目分割払い Completion of foundation 15% 第4目分割払い Completion of exterior work 15% Pre - handover Construction 90-95% complete 10% Final Payment Finale inspection and handover 5%