Is it possible for someone with a Thai Elite Visa to buy real estate in Thailand?

"The team at Baan smile were so professional the customer service was excellent. I first called to get help with extending my tourist visa. Miss P was so honest on the phone she advised me if I wanted I could do extension myself and would only be 1,900 baht. I appreciated her honesty and advised her I prefer a company that has experience and would relieve my headache trying to figure on my own. Her team took over and completed all necessary paperwork and got all my information from me that was needed. They scheduled a day to meet at Immigration and I was met by Miss P and her assistant Sophia. They walked me through process and it was so simple. I am happy to have met the team at BAAN SMILE. I will be calling them for all my needs and services in Thailand."