RE: Whats the advantage – Leasehold vs Freehold
It really depends what you’re looking for. Foreigners can own a condo freehold. As for villas, they can own the villa property/building freehold, but must lease the land. Generally people prefer freehold because it gives them peace of mind to know they hold the ownership deed/title. With leasehold property, foreigners can secure a 30-year lease, renewable twice, for up to 90 years of “leased ownership”. For many people, this is more than enough, and can help the investor avoid freehold premium fees.