Regardless if you are a Thai nationwide or maybe a foreign buyer, buying a condo in Thailand necessitates a certain list of files to adjust to the law and entire the transfer of possession on the Land Office.
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The main transfer charge is 2% of The federal government appraised price, and it is usually break up equally amongst the client and the vendor Except if negotiated otherwise.
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This quota makes sure that foreign buyers can have the title deed outright in their own individual title, offering total lawful rights comparable to Thai nationals. Even so, it’s vital that you Take note that: The international consumer need to remit resources in foreign currency into Thailand and doc the transaction properly.
CondoDee guides consumers as a result of every single move in the documentation course of action, ensuring practically nothing is overlooked, especially for international buyers navigating the Thai legal program.
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These costs are calculated based upon the Formal Land Department valuation, which can be generally lower than the market price tag.
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