A foreign buyer can purchase a new development property in Thailand. Foreigners mostly buy condominiums, which they can own fully in their name (or jointly with a spouse), outright and freehold. Thailand has an easy system for foreign condo ownership. However there is a 49% foreign freehold quota which should be checked before purchasing. The remaining quota of 51% can only be held by Thai nationals.
Yes it is a good choice to buy a property in Thailand. The Thai real estate market has always been (and is likely to remain) a steady and reliable sector. Especially when investing in prime locations. Location is key, speak to an agent today to find out which developers can potentially be the best to invest in.