Thailand has long been a popular destination for expats and digital nomads looking for an affordable cost of living in a beautiful, tropical locale. One of the biggest draws is the opportunity to purchase property in Thailand at a fraction of what it would cost back home.

If you’re looking to buy a cheap house in Thailand, you’ve come to the right place! In this comprehensive guide, we’ll cover everything you need to know to find your dream home, from the best locations to negotiation tips.

By the end of this 3,000 word guide, you’ll be an expert on buying affordable property in the Land of Smiles. Let’s dive in!

Where to Find Cheap Houses for Sale in Thailand

If you are looking to buy a cheap house in Thailand, there are several cities and regions that offer affordable options. Whether you prefer the bustling city life or the tranquility of the countryside, Thailand has something for everyone.

Here are some of the best places to find cheap houses for sale in Thailand:

Bangkok and Surrounding Areas

Bangkok, the capital city of Thailand, and its surrounding areas are a great place to start your search for cheap houses. With a thriving real estate market, you can find a variety of affordable options in this bustling metropolis.

From small apartments to spacious townhouses, Bangkok offers a range of choices to suit different budgets and preferences.

Chiang Mai

Chiang Mai, located in the mountainous region of Northern Thailand, is known for its rich cultural heritage and natural beauty. It is also a popular destination for expats and retirees looking for affordable housing options.

The city offers a mix of traditional Thai-style houses and modern condominiums at affordable prices. Additionally, Chiang Mai’s lower cost of living makes it an attractive choice for those seeking a budget-friendly home.


Phuket, Thailand’s largest island, is famous for its stunning beaches and vibrant nightlife. While it is known as a tourist hotspot, there are still opportunities to find cheap houses for sale in Phuket.

The island offers a range of housing options, from beachfront villas to condominiums in bustling areas. Keep in mind that prices may vary depending on the location and proximity to the beach.


Pattaya, located on the Eastern Gulf Coast of Thailand, is a popular destination for both tourists and expats. The city offers a wide range of affordable housing options, including condos, townhouses, and detached houses.

Pattaya’s lively atmosphere and vibrant expat community make it an attractive choice for those looking for affordable homes in Thailand.

Koh Samui

Koh Samui, a tropical island in the Gulf of Thailand, is renowned for its pristine beaches and lush greenery. Despite its popularity as a tourist destination, there are still affordable housing options available on the island.

From cozy bungalows to modern villas, Koh Samui has a variety of properties to suit different budgets.

Hua Hin

Hua Hin, a coastal town located south of Bangkok, is a favorite retreat for both locals and tourists. Known for its relaxed atmosphere and beautiful beaches, Hua Hin offers affordable housing options for those looking to buy a cheap house in Thailand.

The town offers a mix of condos, townhouses, and detached houses at attractive prices.

When searching for cheap houses for sale in Thailand, it’s important to do thorough research and work with a reputable real estate agent. They can help you navigate the local market and find the best deals that fit your budget and preferences.

Remember, buying a house is a significant investment, so take your time and make an informed decision.

For more information on the real estate market in Thailand, you can visit websites such as and RE/MAX Thailand.

Types of Cheap Housing Options in Thailand

Thailand offers a wide range of affordable housing options for those looking to invest in property. Whether you are a first-time buyer or a seasoned investor, there are several types of cheap housing options available in Thailand to suit your needs and budget. Here are some of the popular choices:


Condos, also known as condominiums, are a popular choice for individuals and families looking for affordable housing in Thailand. These multi-unit buildings offer a range of amenities such as swimming pools, fitness centers, and 24-hour security.

Condos are often located in prime areas, close to shopping malls, restaurants, and public transportation. They provide a convenient and comfortable living environment at a relatively low cost.


Townhouses are another affordable housing option in Thailand. These properties are typically multi-level homes that are connected to other townhouses in a row. Townhouses offer more space compared to condos and often come with private gardens or backyards.

They are an excellent choice for those who prefer a bit more privacy and a homier feel. Townhouses are available in both urban and suburban areas, allowing buyers to choose a location that suits their lifestyle and preferences.

Single Family Homes

If you are looking for more space and independence, single-family homes are a great option. These standalone houses offer a higher level of privacy and often come with a yard or garden. Single-family homes can be found in various sizes and designs, from modest bungalows to spacious villas.

While they may be slightly more expensive than condos or townhouses, they offer the advantage of customization and the freedom to make changes to the property as desired.


For those who prefer to build their own dream home, purchasing land in Thailand can be a cost-effective option. Buying land gives you the flexibility to design and construct a house according to your preferences and budget.

Land prices vary depending on the location and size, with more affordable options available in rural areas. It is important to note that foreigners are restricted from owning land in Thailand outright, but there are legal workarounds such as leasehold agreements and setting up a Thai company.

When considering cheap housing options in Thailand, it is essential to research and consult with local real estate professionals to ensure a smooth and secure transaction. Websites like Thailand Property and FazWaz provide valuable information and listings for affordable properties in Thailand.

Factors That Influence Costs

When it comes to buying cheap houses in Thailand, several factors play a significant role in determining their costs. Understanding these factors can help you make an informed decision and find the best deal. Here are some key factors that influence the prices of houses in Thailand:

1. Location

The location of a house is one of the primary factors that affect its price. In popular tourist destinations like Bangkok, Phuket, or Pattaya, the cost of houses tends to be higher compared to less touristy areas.

Houses located near the beach, city centers, or in upscale neighborhoods also come with a higher price tag. On the other hand, houses in rural areas or less popular regions may be more affordable.

2. Age and Condition

The age and condition of a house also play a significant role in determining its cost. Older houses that require extensive renovation or repairs may be priced lower compared to newer or well-maintained properties.

It’s essential to consider the cost of potential renovations or repairs when evaluating the overall affordability of a house.

3. Amenities

The amenities available in a house or its surrounding area can impact its price. Houses with swimming pools, gardens, gyms, or other desirable features tend to be more expensive. Additionally, properties located in gated communities or with access to recreational facilities like golf courses or private beaches may have higher price tags.

Prioritize the amenities that matter most to you to find a house that suits your needs and budget.

4. Foreign Ownership Restrictions

Foreign ownership restrictions imposed by the Thai government can also affect the cost of houses for sale. In some cases, foreigners may only be able to purchase properties in certain designated areas or through leasehold agreements.

It’s crucial to understand these restrictions and their impact on property ownership before buying a house in Thailand.

By considering these factors, you can navigate the Thai real estate market and find cheap houses for sale that meet your requirements and budget. Remember to do thorough research, consult with local experts, and compare prices from different sources to ensure you make a well-informed decision.

Financing Your Purchase

When it comes to buying a cheap house in Thailand, financing options are available to help you make your dream a reality. Here are some common methods for financing your purchase:

Cash Payment

If you have the funds readily available, making a cash payment is the simplest and quickest way to buy a cheap house in Thailand. By paying in cash, you can avoid the hassle of applying for loans or mortgages.

Additionally, sellers might even offer discounts for cash purchases, giving you an opportunity to save some extra money.

Mortgages for Foreigners

For those who don’t have enough cash on hand, obtaining a mortgage as a foreigner is another option to consider. While it can be more challenging for foreigners to secure a mortgage in Thailand compared to locals, there are financial institutions that offer mortgage options specifically tailored to foreigners.

It’s essential to do thorough research and consult with professionals to find the right lender and understand the terms and conditions of the mortgage.

Pro Tip: To increase your chances of getting approved for a mortgage, maintaining a good credit score and having a stable source of income are crucial.

Payment Plans

Some developers and sellers offer payment plans to make purchasing a cheap house in Thailand more affordable. These payment plans allow buyers to pay in installments over a specified period. It’s important to carefully review the terms of the payment plan, including any interest rates or additional fees involved.

By comparing different payment plans, you can choose the one that best suits your financial situation.

Did you know? The Thailand Board of Investment (BOI) offers incentives and privileges for foreigners interested in investing in the Thai real estate market. These incentives can include tax benefits and streamlined processes for obtaining mortgages.

You can find more information about the BOI on their official website:

Thailand Property Purchase Process

If you are considering purchasing a cheap house in Thailand, it is important to familiarize yourself with the property purchase process. By understanding the steps involved, you can navigate through the process smoothly and ensure a successful transaction.

Here is a breakdown of the typical property purchase process in Thailand:

1. Find an Agent

Before you begin your property search, it is advisable to find a reliable real estate agent who specializes in the Thai property market. An experienced agent can assist you in finding suitable properties within your budget and guide you through the entire purchase process.

2. View Properties

Once you have enlisted the help of an agent, you can start viewing properties that meet your requirements. Your agent will schedule property viewings, allowing you to physically assess each property’s condition, location, and amenities.

It is essential to view multiple properties to make an informed decision.

3. Make an Offer

After identifying a property you are interested in, you can make an offer to the seller. Your agent will negotiate with the seller on your behalf to reach a mutually acceptable price. It is important to consider factors such as market value, property condition, and any additional costs involved in the purchase.

4. Due Diligence

Once your offer has been accepted, it is crucial to conduct due diligence on the property. This involves verifying the property’s legal status, ownership, and any potential encumbrances or restrictions.

Hiring a lawyer specializing in Thai property law is highly recommended to ensure a thorough investigation.

5. Sign Purchase Agreement

Once you are satisfied with the due diligence results, you can proceed to sign a purchase agreement with the seller. This agreement outlines the terms and conditions of the sale, including the purchase price, payment schedule, and any other relevant details.

It is crucial to review the agreement carefully and seek legal advice if needed.

6. Transfer Funds

Prior to the completion of the sale, you will need to transfer the funds required for the purchase. This typically involves depositing the agreed-upon amount into an escrow account, which will be held until the transfer of ownership is finalized.

It is advisable to use a reputable bank for the fund transfer to ensure the security of your transaction.

7. Transfer Ownership

Once the funds have been transferred, the final step is to transfer ownership of the property. This process involves registering the transfer with the local Land Department and paying the necessary fees and taxes.

Your agent or lawyer can assist you in completing the required paperwork and ensuring a smooth transfer of ownership.

By following these steps and seeking professional guidance, you can navigate the property purchase process in Thailand with ease. Remember to conduct thorough research, exercise due diligence, and consult experts to make an informed decision and secure your dream cheap house in Thailand.

Tips for Getting the Best Deal

Be Flexible on Location

When searching for cheap houses for sale in Thailand, it’s important to be flexible on the location. While popular tourist destinations like Phuket and Bangkok may have higher prices, there are plenty of hidden gems in lesser-known areas.

Consider expanding your search to regions like Chiang Mai, Hua Hin, or Pattaya, where you may find more affordable options.

Buy New vs Resale

Deciding between buying a new or resale house is an important consideration when looking for a cheap property in Thailand. New houses often come with modern amenities and the opportunity to customize the design to your liking.

On the other hand, resale houses may offer a better price point and the advantage of being in established neighborhoods. Consider your priorities and weigh the pros and cons of each option before making a decision.

Negotiate Respectfully

When it comes to negotiating the price of a house, it’s important to approach the process respectfully. While you may want to get the best deal possible, being overly aggressive or disrespectful can harm your chances.

Instead, focus on building a good rapport with the seller and showcasing your genuine interest in the property. This approach is more likely to lead to a mutually beneficial agreement.

Pay Cash

One way to get a better deal on a cheap house in Thailand is to pay in cash. Cash offers are often more attractive to sellers as they eliminate the need for financing and can speed up the transaction process.

If you have the means to pay cash, it can give you an advantage when negotiating the price or potentially even allow you to secure the property at a lower cost.

Inspect Thoroughly

Before finalizing any property purchase, it’s crucial to inspect the house thoroughly. This includes hiring a professional inspector to assess the condition of the property, checking for any potential issues or damages.

By conducting a thorough inspection, you can avoid any unexpected expenses or problems down the line. It’s also a good idea to research the local market and compare prices of similar properties to ensure you’re getting a fair deal.


Buying property in Thailand can seem daunting, but with proper research and the right approach, you can find your dream home for an affordable price.

Focus your search in areas popular with expats, be open to different housing types, and don’t be afraid to negotiate. If you have cash and are diligent in your search, you’ll secure a great deal.

With its tropical climate, low cost of living, and laidback lifestyle, Thailand remains one of the top destinations for expat homebuyers. We hope this guide gave you the knowledge needed to purchase the cheap house you’ve been dreaming of in the Land of Smiles. Happy house hunting!

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