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Foreigners generally cannot obtain a mortgage from local Thai banks to finance the purchase of their Thailand property investment. Most of the financial institutions in Thailand provide loans for real estate purchases to Thais and Thai Companies.here are generally two other options available to foreigners to finance their Thailand house or condo purchase. Historically, many foreign buyers had taken a mortgage against their property in their home countries. This is more difficult than ever given the economic crisis, yet still an option for some.
Rent in Bangkok is cheap, if you get 1000 euro, equal thai baht 40000 baht, is about to stay at bangkok with air condition room for single is about 6000-8000 baht in sukhumvit area. food here about 35-40 baht per meal, starbucks coffee 120-160 baht. consider south east asia top five standard living country.