Property in Freehold / Leasehold – Page 6

Freehold / Leasehold – Flexible Villa Ownership in Phuket

Some villas in Phuket are sold as Freehold buildings on Leasehold land. Buyers own the villa structure outright while leasing the land under a long-term contract, typically 30 years and renewable for 2 additional terms. This setup offers flexibility and long-term security. In many cases, ownership can later be upgraded to Thai Freehold or Thai Company Freehold if the buyer qualifies. This structure remains one of the most common, practical and secure ways for international buyers to own villas in Phuket.