Thailand lets foreigners own condominium units outright, and this is the main legal reason condos dominate foreign property purchases in Phuket. Here is how the two ownership forms work in practice for The Liberty.
Foreign freehold
Up to 49% of the sellable area of any condominium can be owned by foreigners as freehold: your name in the land registry, inheritance without extra structures, free resale to any buyer. In The Liberty the freehold quota costs an additional 10,000 THB per m², so a 1-bedroom layout of 69 m² adds about 690,000 THB. The transfer fee at the Land Office is 3.3% of the price.
Leasehold
The remaining units are sold as a 30-year registered lease with renewal options. It is cheaper at purchase (no quota charge, 1.1% transfer fee) and makes sense if you optimize entry cost or plan to resell before renewal horizons matter. The trade-off is that a lease is a contract, not title, and part of the resale market values it lower.
What buyers actually do
Investors who plan to hold and pass the unit on tend to pay for freehold. Buyers focused on rental yield often take leasehold: the same rental income against a lower entry price improves the percentage return. Both forms get the same unit, the same finish and the same management.
The freehold quota is capped by law at 49% of the sellable area, so availability changes as sales progress. Ask us which ownership form is currently available for the layout you want — and how the staged payments work in our guide to The Liberty payment plan.