Regardless if you are a Thai nationwide or possibly a international purchaser, purchasing a condo in Thailand requires a selected list of documents to adjust to the legislation and finish the transfer of ownership on the Land Department.
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At CondoDee, each listing clearly states the provided home furnishings and equipment details, so you understand what exactly you’re obtaining.
When water and electric power are charged depending on usage, some buildings could apply additional admin charges for companies like:
The key transfer payment is 2% of the government appraised worth, and it is often break up Similarly amongst the customer and the seller unless negotiated otherwise.
Thai condominium regulation lets nearly 49% of the total sellable ground location of the condominium job to generally be owned by non-Thai persons or entities.
Crucial: It’s essential to evaluate these taxes early within the acquiring system so there isn't any surprises at transfer. CondoDee assists clientele recognize the complete Charge composition and negotiate conditions Plainly.
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If typical charges will not be paid out in time, penalties can use and will effect your capability to promote or transfer the unit in the future.
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These prices are calculated based upon the Formal Land Division valuation, that is frequently reduce than the marketplace selling price.
CondoDee Suggestion: Always assessment the CAM amount, sinking fund, and financial reviews on the condo's juristic human being prior to committing to get. Very well-managed properties ordinarily offer transparency and Bangkok luxury condos for sale concern regular monthly statements.