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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 Cocogroove 2 you have to follow these steps:
分割払い 節目 お支払い方法 第1回目分割払い Deposit and Signing the Contact (This Payment is not Refundable) 10% 第2回目分割払い Start Construction 25% 第3回目分割払い Finishing Ground Floor Level and Swimming Pool Structure 25% 第4目分割払い Finish Roof Covering 25% 第5回目分割払い Finishing Aluminium Windows 10% 第6回目分割払い 引渡し時 5%