Regardless if you are a Thai nationwide or perhaps a overseas buyer, buying a condo in Thailand requires a certain list of documents to comply with the regulation and total the transfer of possession in the Land Department.
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Although h2o and electrical energy are billed according to utilization, some properties could implement additional admin costs for services like:
The leading transfer fee is 2% of the government appraised price, and it is often split equally among the client and the vendor Except negotiated in any other case.
Thai condominium legislation allows around forty nine% of the full sellable floor location of a condominium job to become owned by non-Thai men and women or entities.
What are the typical costs for condo entrepreneurs in Bangkok? + − When you personal a condominium in Bangkok, you happen to be responsible for particular ongoing charges called prevalent area servicing (CAM) charges. These cover the shared providers and services supplied by the building’s juristic administration.
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If popular service fees aren't paid punctually, penalties can utilize and should affect your capacity to market or transfer the unit Down the road.
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Operate with a neighborhood real-estate agency like CondoDee to marketplace your device, display screen tenants, and take care Bangkok luxury condo for sale of rental paperwork.
CondoDee Suggestion: Always critique the CAM charge, sinking fund, and financial studies of the condo's juristic particular person before committing to order. Nicely-managed structures ordinarily supply transparency and difficulty month to month statements.