Apartments For Sale in Thailand

Apartments for Sale in Thailand – Foreign Buyer’s Guide

Thailand’s real estate market offers a wealth of opportunities for international buyers seeking apartments for sale in Thailand. With its tropical climate, vibrant culture and growing economy, Thailand remains an attractive destination for investors, retirees and expatriates. From the bustling streets of Bangkok to the island paradises of Phuket and Koh Samui, the country’s diverse markets cater to a wide range of preferences and budgets.

Foreign buyers can explore everything from modern high-rise condos to resort-style apartments, enjoying the best of both investment and lifestyle benefits. Key destinations like Bangkok, Phuket, Pattaya, Koh Samui, Hua Hin and Chiang Mai each bring their own unique appeal – whether it’s city living, seaside relaxation or mountain retreats. In these cities, English is commonly spoken and amenities cater to international residents.

This guide highlights what makes Thailand’s apartment market special for foreigners, including current 2024–2025 market trends and motivations behind buying. We’ll also cover average apartment prices and cost comparisons across major Thai cities. Whether you’re looking to buy an apartment in Thailand for rental income or a comfortable new home abroad, the insights below will help you navigate the best opportunities and make informed decisions.

Why Buy an Apartment in Thailand?

Thailand draws foreign buyers with a combination of lifestyle and financial perks. Its affordable cost of living, warm weather year-round and friendly culture make it a top retirement and holiday destination. Investors are also attracted by Thailand’s growing economy and steady tourism industry, which support strong rental demand and potential appreciation. In recent years, government incentives (like low transfer taxes on qualifying purchases) and low mortgage rates have further boosted interest.

• Remote Work & Lifestyle: Thailand has become popular among digital nomads and remote professionals. Many condos now feature coworking spaces, high-speed internet and work-friendly amenities. Special visa programs have also made long-term residency easier, reinforcing Thailand’s appeal for those who want to live and work abroad.
  
  
• Lifestyle & Climate: Thailand’s beaches, cities and countryside appeal to a variety of lifestyles. You can enjoy city nightlife in Bangkok, island resorts in Phuket or peaceful mountain retreats in Chiang Mai – all with a lower cost of living than many Western countries.
  
  
• International Community: Major Thai cities have large, diverse expat communities. English is widely used in business and hospitality, and many international schools and hospitals are available. This makes settling in easier for foreigners who may not speak Thai fluently.
  
  
• Rental Income & ROI: With millions of tourists and expats visiting each year, quality apartments in Thailand often command solid rental yields. Beach destinations like Phuket and Pattaya can earn attractive returns when managed as vacation rentals during high season.
  
  
• Affordable Prices: Thailand’s real estate often costs much less than in Europe, the U.S. or Australia. A moderate budget can stretch to a larger or better-located condo here, offering high value and potential for capital growth.
  
  
• Stability & Safety: Thailand is a politically stable country with strong property protection for condo ownership. It scores well for personal safety in regional comparisons. Many buyers appreciate the combination of a relaxed lifestyle with good urban amenities, meaning everyday expenses (food, transport, entertainment) are relatively low.
  
  
• Retirement Lifestyle: Thailand’s climate, healthcare quality and affordable living make it a popular retirement destination. Many retirees buy condos for year-round living or seasonal stays. The country’s visa options for retirees also encourage this demographic.
  
  
• Investment Growth: After the pandemic slowdown, the housing market is steadily recovering and property prices are gradually rising (often by 2–5% annually). Buying now provides an opportunity to benefit from long-term appreciation as tourism and the economy expand.
  
  
• Amenities & Security: Modern condominium projects across Thailand come with amenities like swimming pools, fitness centers and 24/7 security. Large malls, international schools and hospitals ensure daily convenience. These lifestyle benefits make apartments attractive both as holiday homes and permanent residences.
  
  
• Regional Appeal: Thailand’s real estate market is more established and accessible to foreigners than in many neighboring countries. This maturity, along with high living standards, gives overseas buyers confidence that apartments here offer a better balance of safety, amenities and investment potential than many other markets in Southeast Asia.
  
  

Thailand Apartment Market in 2024–2025

Thailand’s apartment market has been steadily recovering after the pandemic-induced slowdown. High-end condominiums and villas saw more muted demand, while mid-range and budget apartments remained in demand. Many downtown Bangkok projects experienced slower sales, prompting developers to offer incentives to buyers. In contrast, completed units in resort destinations were in hotter demand, with buyers favoring ready-to-move-in homes. Overall, this mix of supply and demand factors is keeping price rises moderate rather than spiking sharply.

Economic growth, a rebound in tourism and additional government stimulus (like sharply reduced transfer taxes on qualifying home purchases) have underpinned renewed buyer activity. The government has even cut condominium transfer fees to only 0.01% for transactions under THB 7 million (a huge reduction from the usual 2% rate), saving buyers money. In 2024, total condo transfers rebounded by about 5–6% year-on-year, even as overall home sales were slightly weaker. Recent data shows over 11,000 condo units were bought by foreigners nationwide in the first nine months of 2024, roughly 3% more than the same period a year earlier.

Developers have responded to rising costs by holding prices steady to clear inventory. National indices show condominium prices rising at a modest 2–5% annually. In mid-2025 the average Bangkok condo price was around THB 150,000 (about US$4,500) per square meter. Similar resort and secondary markets tend to be cheaper: e.g. Pattaya averages around THB 90,000–100,000 per sqm, and Phuket around THB 100,000–120,000.

Key trends for 2024–2025 include:

• Tourism Rebound: After borders reopened, foreign arrivals surged back to near 2019 levels. Destinations like Phuket and Pattaya saw year-round visitors again, which fuels demand for condo rentals.
  
  
• Tourism-Fueled Demand: International visitor numbers have soared, driving demand for apartments in beach destinations. Phuket, Pattaya and Koh Samui saw a pickup in condo sales and higher occupancy as investors target vacation rentals.
  
  
• Changing Buyer Demographics: Asian buyers (notably Chinese, Taiwanese and Myanmar nationals) make up a large share of foreign condo purchases, with demand also coming from Europe, North America and Australia. In 2024, Chinese investors were still the single largest group, but their numbers fell while other nationalities increased.
  
  
• Low Interest Rates: Thailand’s central bank has kept policy rates near record lows (around 1.75%), making mortgages relatively affordable for buyers. Cheap financing supports both Thai and foreign buyers.
  
  
• Currency Considerations: The strength of foreign currencies against the Thai baht affects purchasing power. When the baht is weaker, international buyers get more value for their money. Currency fluctuations can cause price differences in real terms, so plan your financing with exchange rates in mind.
  
  
• Infrastructure Growth: Ongoing projects like airport upgrades and new transit lines (e.g. Bangkok’s MRT extensions) are improving connectivity. Areas near new highways or mass transit are gaining attention and are poised for value gains.
  
  
• Incentives: The government has offered promotions like temporarily cutting the transfer fee to a nominal 0.01% on condos valued under THB 7 million. If you buy during such a program, your closing costs can be much lower than normal.
  
  
• Financing & Incentives: Thai banks now offer loans to foreign condo buyers (often 50–70% of the property value) at competitive rates. In combination with low transfer taxes, these factors have made purchases more affordable for many buyers.
  
  

Popular Apartment Markets by City

Bangkok

Thailand’s capital and largest city offers the widest range of apartments. Bangkok’s modern skyline and efficient public transit (BTS skytrain, MRT subway) make daily life convenient. Expats and investors flock to neighborhoods like Sukhumvit, Silom/Sathorn and the riverside. Prices are highest in Bangkok: average condo rates are about THB 120,000–150,000 per sqm (around US$4,000–5,000). In prime areas (Thonglor, Phrom Phong), prices often exceed THB 200,000 per sqm. For example, a 60–70 sqm two-bedroom condo in a new development might cost around THB 8–10 million (US$250k–300k).

Central Bangkok projects typically feature many amenities like pools, gyms and 24/7 security. Luxury branded condos (sometimes by international hotel chains) are common in riverside districts. Suburban expansion (to the east and north) is also progressing with new MRT/BTS lines, creating opportunities for more affordable units farther from the core. Bangkok is also a global business center, home to many multinational company headquarters. The extensive BTS/MRT network (including recent extensions) means even outlying areas remain connected, offering buyers more location choices. Many international schools, hospitals and shopping centers are located in Bangkok, making it comfortable for families and professionals. Popular condo locations include Sukhumvit (Asoke, Thonglor, Ekamai), Silom/Sathorn and the Chao Phraya riverfront.

Phuket

Phuket’s apartment market is fueled by tourism and island living. International buyers, especially Europeans, Chinese and Middle Easterners, seek condos in areas like Patong, Karon, Kata and Laguna. Phuket condo prices average around THB 100,000–130,000 per sqm (around US$3,000–4,000). Beachfront projects along Bang Tao or Kamala command top prices, while inland developments (like Kathu or Thalang) are cheaper. For example, a well-furnished 2-bedroom condo in a premium Phuket resort area may sell for on the order of THB 6–8 million (US$180k–250k).

Buyers appreciate Phuket’s golf courses, international hospitals and direct connections to many Asian and Middle Eastern cities. Many projects are built as resort-condominiums with features like infinity pools and ocean views. Apart from beaches, the island also features cultural attractions (Big Buddha, Old Town markets) and modern entertainment (night markets, water parks) for residents to enjoy. The island’s welcome for retirees (via special visas) and strong short-term rental market make buying a condo here attractive for personal use or investment. Towns such as Rawai and Cherngtalay (Laguna) are also growing with new condo projects.

Pattaya

Pattaya offers a vibrant seaside city lifestyle just south of Bangkok. It attracts retirees, investors and tourists with its lively entertainment, shopping malls and beaches. Apartment prices in Pattaya are more affordable: roughly THB 80,000–100,000 per sqm (around US$2,300–2,800). Beachfront and city-center condos (Jomtien, Wongamat) hit the higher end of this range, while suburban areas (Naklua, East Pattaya) are cheaper. For example, a comfortable 2-bedroom condo in a beachfront tower might cost on the order of THB 4–5 million (US$120k–150k).

Pattaya’s market now includes modern high-rises and condominium resorts with multiple pools and fitness centers. The expanding U-Tapao airport and proposed high-speed rail link make the area more accessible. Many investors buy for rental yields – vacationers flock here year-round – so some condos even offer hotel-like services and management. In addition, Pattaya is evolving as part of Thailand’s Eastern Economic Corridor, with infrastructure projects (like a planned high-speed rail) promising even better connectivity to Bangkok. New high-rise projects have also sprung up along Jomtien Beach and in North Pattaya.

Koh Samui

Koh Samui is a relaxed island known for luxury and tropical scenery. Condos here are often part of resort-style developments by the beach or on green hills. Samui condo prices typically average THB 50,000–70,000 per sqm (around US$1,500–2,000). Beachfront and hillside projects (especially in Bophut and Choeng Mon) are at the higher end, while inland areas are more budget-friendly. For perspective, a modern 1-bedroom sea-view apartment might list for around THB 3–5 million (US$90k–150k) depending on location and amenities.

Many buyers in Samui use condos as vacation homes or rental investments. The island’s year-round tourism means strong demand for holiday rentals, often yielding over 5–7% net. Condo developments often include lush tropical gardens, large pools and private beach access. Samui appeals especially to Europeans and Australians seeking a laid-back retreat. The island’s full-time healthcare facilities and a recently expanded airport also support year-round residency. Samui’s attractions like the Big Buddha and Old Town markets give residents plenty to do.

Hua Hin

Hua Hin is a tranquil resort town popular with families and retirees. It’s about a 3-hour drive from Bangkok and offers a mix of resort living and town conveniences. Hua Hin condo prices average around THB 90,000–100,000 per sqm (about US$2,500–2,800). Beachfront projects near Khao Takiab command premium prices, while developments a few kilometers inland (in Nong Kae or Hin Lek Fai) are more affordable. For example, a 2-bedroom ocean-view condo might sell for roughly THB 6–7 million (US$170k–200k).

The town’s golf courses, night markets and royal palaces have long attracted Thai and foreign buyers alike. In recent years, many new freehold condos have been built, often marketed to European retirees and Thai vacationers. Improved road access (highway and rail) is underway, making Hua Hin an even more attractive second-home location. Buyers appreciate Hua Hin’s relaxed atmosphere – it offers seaside living without the high prices or bustle of Phuket. Hua Hin also hosts international sporting events (golf tournaments, kiteboarding championships) that spur tourism and raise property interest.

Chiang Mai

Chiang Mai in northern Thailand is famed for its culture, mountains and cooler climate. It has the lowest condo prices among major Thai cities, making it popular with students, digital nomads and retirees. Chiang Mai condo prices generally range from THB 50,000–80,000 per sqm (around US$1,400–2,300). Even projects near hotspots like Nimmanhaemin or the Old City stay within this range. For instance, a 60–70 sqm two-bedroom apartment in a new central Chiang Mai condo might sell for around THB 3–4 million (US$90k–120k), a fraction of Bangkok prices.

The city offers many modern condos with amenities like rooftop gardens and coworking lounges. Chiang Mai’s growing expat community has led to English-speaking services and international restaurants. The city’s universities and hospitals (including international facilities) mean strong local demand for rentals. Developers often include extras (like furniture or guaranteed rent) in promotions. Chiang Mai’s startup tech scene and digital nomad hubs (around Nimman and the Old City) attract a young professional crowd. Overall, Chiang Mai provides excellent value: living costs are low and the quality of life (climate, cuisine, community) is high.

Price Comparison Across Major Cities

• Bangkok: Average condo prices are roughly THB 120,000–150,000 per sqm (~US$4,000–5,000) in central areas, with new developments often priced higher (over THB 200,000/sqm in top neighborhoods).
  
  
• Phuket: Beachfront and resort condos average about THB 100,000–130,000 per sqm (~US$3,000–4,000). Luxury sea-view projects command higher rates, while inland units run lower.
  
  
• Pattaya: More affordable coastal prices around THB 80,000–100,000 per sqm (~US$2,300–2,800). Central Pattaya and beach condos are pricier, while northern and eastern areas are cheaper.
  
  
• Koh Samui: Condos average THB 50,000–70,000 per sqm (~US$1,500–2,000). Premium beachfront or hillside developments cost more; rural/central locations are less expensive.
  
  
• Hua Hin: Resort condos go for about THB 90,000–100,000 per sqm (~US$2,500–2,800). Beachside projects are at the upper range, whereas further-inland condos cost less.
  
  
• Chiang Mai: The most affordable major city, with condo prices around THB 50,000–80,000 per sqm (~US$1,400–2,300). Even prime locations rarely exceed this range, making Chiang Mai a bargain market.
  
  

These averages give a sense of what apartment for sale in Thailand costs by city. As you compare prices, remember that a typical 2-bedroom condo (50–70 sqm) might cost THB 3–10 million depending on location – far higher in Bangkok or Phuket and much lower in Chiang Mai or Samui.

Buying Process Overview

1. Choose and Reserve: Identify an apartment that fits your criteria. Submit a reservation (often with a 5–10% deposit) to hold the unit. This locks in the price for a short period (1–2 weeks) while you finalize details.
   
   
2. Sign the Sale Contract: After due diligence, sign the official contract and pay an additional deposit (often totaling 10–20% of price). The contract should include the unit price, payment schedule, and completion date. It’s common for contracts to be bilingual (Thai/English).
   
   
3. Transfer and Final Payment: Upon completion or on the agreed date, visit the Land Department with the seller. Pay the remaining balance (via a foreign currency transfer certificate), along with transfer taxes and fees. The transfer process registers the title to your name, making you the legal owner.
   
   
4. Move In or Rent Out: Once registered, you can take possession. If renting out, arrange tenants or use a management company. Stay in communication with the condo juristic office for monthly fees and regulations.
   
   

This simplified process can often be completed in 1–3 months for finished units. Off-plan purchases follow a similar signing process but require waiting for construction to finish before transfer.

Tips for Foreign Buyers

• Work with Professionals: Use a reputable real estate agent or online platform that specializes in foreign clients. They can help you screen listings, negotiate price and handle paperwork seamlessly.
  
  
• Understand Fees: In addition to the purchase price, budget for transfer and tax fees (which can total 2–5% of the price, though promotions may cut these significantly). Also plan for ongoing costs like monthly condo maintenance, utilities and property taxes.
  
  
• Inspect Before You Buy: Whenever possible, visit the property and check the building’s condition and amenities (pool, gym, parking, security). Confirm the condo rules on rentals and renovations. A thorough inspection (or live video walkthrough) helps avoid unpleasant surprises.
  
  
• Check Freehold Availability: Thailand’s condo law limits foreign ownership in each building. When reviewing projects, look for those with available foreign quota (“freehold” units) to ensure you can buy directly in your name. A “freehold” listing indicates it’s available to non-Thais; if the foreign quota is full, you won’t be able to register the condo.
  
  
• Plan Financing: Many foreigners buy with cash or use financing from home countries. Thai banks do offer loans to foreign condo buyers (often 50–70% loan-to-value with proof of income), but requirements can be strict. Decide early whether you will pay all cash or seek a mortgage. Also, prepare the initial deposit (often 5–10%) to reserve the property and the remaining downpayment (10–20%) by the time of contract or transfer. Knowing your budget and timeline helps you negotiate and close smoothly.
  
  
• Negotiate Wisely: While popular units may get multiple offers, there is often room to negotiate on price or added extras (like furniture or parking). Have a clear budget and be prepared to move quickly, as the best deals are claimed fast. Working with an experienced agent can help you put in a strong offer when you’re ready.
  
  
• Off-Plan vs. Completed: Consider whether to buy an off-plan (pre-construction) condo or a finished unit. Off-plan purchases can be priced lower or with attractive payment terms, but they carry the risk of construction delays. Completed units cost more upfront but allow you to rent or move in right away.
  
  
• Usage Plan: Decide early whether the apartment is for personal use, a holiday home or rental income. This will influence the size, layout and location of the unit. For example, a tenant-oriented rental might favor a small, furnished condo near tourist attractions, while a retirement home might emphasize comfort and accessibility.
  
  
• Developer Track Record: Investigate the reputation of the developer and builder. Established companies with proven track records are less risky. If possible, visit completed projects to assess build quality and buyer satisfaction.
  
  
• Check Ownership Availability: Condominiums have a limited quota for foreign ownership. Before you finalize, confirm that the unit is classified under the foreign quota. Some projects label unsold units as “foreign quota available”. If the foreign quota is full, you will not be able to register the sale in your name. Always verify this with the developer or agent.
  
  
• Community Insights: Before buying, connect with current expat residents or online forums about the development or neighborhood. Existing residents can offer candid feedback about construction quality, management and living conditions.
  
  
• Language & Contracts: Ensure all important documents (contracts, building regulations) are available in English or translated. Work with professionals who can explain terms clearly. Confirm all key details in writing.
  
  
• Funds Transfer & Foreign Exchange: Foreign buyers must transfer funds into Thailand through a bank as foreign currency. The bank will issue a Foreign Exchange Transaction certificate (FET) for amounts over a certain threshold (around US$50,000). Keep this document, as it is required by the Land Department to register your condo purchase in your name.
  
  
• Maintenance & Furnishing: After purchase, factor in costs for furnishing and utility setup. Many condos come semi-furnished, so you may need to buy furniture and appliances. Budget for deposits and installation fees for electricity, water and internet services.
  
  
• Property Management: If you plan to rent your apartment or visit infrequently, consider using professional property management. Many developments offer management services to handle tenant placements, cleaning and basic repairs. Having local management can ensure your investment stays cared for even if you live abroad.
  
  
• Insurance: Protect your investment with home insurance. While condo buildings have basic fire protection, consider insuring your personal contents and liability. Some lenders require it if you take a mortgage.
  
  
• Transaction Timeline: The buying process is usually quick for ready-to-move-in units, taking a few weeks after deposit to transfer the title. If you buy off-plan (pre-construction), plan for a longer wait (1–3 years) until completion. In either case, keep track of all deadlines in your sales contract.
  
  
• Visa and Residency: Buying property alone doesn’t grant residency. However, Thailand offers retirement visas (age 50+), digital nomad visas, and investment visas that may fit your plans. Understanding these options in advance can help align your real estate purchase with your stay in Thailand.
  
  

Start Your Apartment Search

When you’re ready to find your new home or investment, browse the latest apartments for sale in Thailand on DotProperty. The platform features thousands of condos across Bangkok, Phuket, Pattaya, Koh Samui, Hua Hin and Chiang Mai, complete with photos and detailed descriptions. Use filters for price, size and amenities to narrow down the list, then contact agents to arrange viewings.

DotProperty’s local experts understand what foreign buyers need and can answer questions about neighborhoods, school districts or rental regulations. With dedicated English-speaking agents and up-to-date listings, DotProperty helps international buyers navigate the Thai market with confidence. Having this guide in hand and a bit of local insight, you can feel confident in exploring apartment options across Thailand. Take your time to compare properties, ask questions, and visit potential homes if possible. With research and the right support, buying an apartment in Thailand can be a rewarding investment and lifestyle choice.

Stay informed of the latest market developments and regulations as you proceed. Having a clear understanding of current conditions will ensure your decision is grounded in up-to-date information.

Key Takeaways

• Thailand is an affordable tropical property market with condos (apartments) as the easiest asset for foreign ownership.
  
  
• Bangkok offers a cosmopolitan condo lifestyle (highest prices in Thailand), while resort areas like Phuket and Koh Samui appeal with beach living.
  
  
• Other popular markets: Pattaya (seaside city, lower prices than Bangkok), Hua Hin (quiet family beach town), Chiang Mai (culture, lowest prices).
  
  
• Current market trends (2024–25): modest price growth (~2–5% per year), strong rental demand from tourists, and low interest rates fostering buying.
  
  
• Foreign buyers come from many countries; most condo projects have designated units for non-Thais.
  
  
• Apartments per sqm in Bangkok cost roughly 2–3 times those in Chiang Mai (see price chart above for city comparisons).
  
  
• Listings labeled as Freehold mean the unit is available for foreign buyers. Always verify the foreign ownership status before proceeding.
  
  
• Condominiums have a limited foreign-ownership quota. If the quota is full in a project, that unit cannot be sold to a foreigner.
  
  
• Use resources like DotProperty to filter listings by city, price and features – and always work with experienced local agents for advice.
  
  

These points summarize the essentials for foreign buyers interested in apartments for sale in Thailand. By understanding the market landscape, prices and legalities (basic steps) outlined above, you can approach your purchase with confidence and find the ideal Thai condo that fits your needs.