Why Phuket Property Law Matters

Phuket’s real estate market is booming, attracting investors from around the world. Yet, Thai property laws differ from those in many countries, with strict regulations on foreign ownership. Understanding these rules ensures a smooth, legal purchase.

Key Legal Steps to Buy Property in Phuket

• Choose the Right Ownership Structure: Foreigners cannot own land outright in Thailand. Options include leasing land (up to 30 years) or purchasing a condominium in your name.
• Due Diligence: Verify the property title deed (Chanote) and ensure no liens or disputes exist.
• Hire a Property Lawyer: A Phuket-based law firm like PPP Law can review contracts and ensure compliance with Thai law.
• Transfer Funds Legally: Funds for property purchases must enter Thailand as foreign currency, documented for the Land Department.

Common Pitfalls to Avoid

• Ignoring Title Checks: Buying property without a clear title can lead to legal disputes.
• Unclear Contracts: Ambiguous terms can cause issues—always have a lawyer review agreements.
• Bypassing Regulations: Attempting to circumvent foreign ownership laws risks losing your investment.

How PPP Law Can Help

Based in Patong, Kathu, Phuket, PPP Law has years of experience resolving property disputes and assisting buyers. For example, we recently helped a client secure a condo in Patong by negotiating a watertight lease agreement, saving them from a risky deal. Our expertise ensures your investment is safe and legal.