Thailand is on the brink of a major property law reform that could reshape the real estate market for decades. The government is preparing amendments to the Rights Over Leasehold Asset Act, extending the maximum lease term from 30 years to 99 years. If approved, this new legislation could transform the way foreign buyers approach Koh Samui real estate, making long-term property investment more attractive than ever.
Why Thailand Is Extending Lease Terms
The primary goal of the proposed 99-year leasehold law is to stimulate investment and strengthen the economy. Longer leases provide international buyers with a level of security that nearly mirrors freehold ownership, while still ensuring that land ownership ultimately remains under Thai sovereignty.
This change is designed to:
- Encourage high-net-worth individuals and retirees to settle in Thailand.
- Attract more long-term foreign investment.
- Increase property demand in key markets such as Koh Samui, Phuket, and Bangkok.
What the 99-Year Leasehold Means for Koh Samui Property Buyers
1. Long-Term Security
For decades, foreign investors were limited to short 30-year leases that often discouraged serious long-term investment. The upcoming 99-year land leasehold law in Thailand gives buyers peace of mind, making villas, condos, and luxury estates in Koh Samui far more appealing.
2. Stronger Financing Opportunities
With extended lease terms, banks are more likely to approve mortgages and loans. This makes Koh Samui property more accessible to buyers who want financing options rather than relying entirely on cash purchases.
3. Higher Resale Value
Properties with longer lease terms are more attractive on the resale market. Future buyers will see added value in knowing that the lease has decades remaining, boosting the property’s marketability.
4. Better Estate Planning
For families and retirees, a 99 year land leasehold law makes inheritance planning much clearer. The ability to pass down a secure property interest adds another layer of value to Koh Samui investments.
Safeguards and Limitations
While the law is a major step forward, it does not grant freehold land ownership. Leased land will still revert to the state after expiration. Agricultural land is excluded from the reform, ensuring that Thai farmers and food security remain protected.
Additionally, while the government is fast-tracking the bill, it still requires parliamentary approval, which is expected by late 2025.
Why Koh Samui Will Benefit Most
Koh Samui real estate is already one of the most sought-after markets in Thailand thanks to its tropical beauty, luxury villas, and strong rental demand. With the new 99-year leasehold law, the island is likely to see:
- A surge in foreign buyer interest.
- Increased long-term investments in resort-style developments.
- More retirees choosing Samui as their permanent residence.
This reform could position Koh Samui alongside global property hubs like Singapore and Bali, where long-term leaseholds have fueled booming real estate sectors.
Final Thoughts: Should You Invest Now?
Thailand’s move to extend leaseholds to 99 years is set to be a game-changer for Koh Samui real estate. While the law is not yet finalized, it has strong government backing and is high on the legislative agenda.
For buyers considering long-term investments, now may be the ideal time to explore opportunities—before increased demand drives property values higher.
👉 If you’re looking at buying property in Koh Samui, this could be the perfect moment to secure your future in one of Thailand’s most desirable destinations.
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