Six steps from shortlist to Land Office registration: freehold and leasehold, paying from abroad with the FET form, developer payment plans, taxes, visas and how to check a developer.
Goal, budget, area; we compare 2–4 projects on developers’ price lists and payment terms, and show them online or on the island.
A reservation fee of ฿100–300K locks the unit and price for 14–30 days while the developer prepares the contract.
Chanote, building permit, EIA, sales licence; the contract in English and Thai, with your own lawyer if you wish.
International transfer in foreign currency to the developer’s account; the bank issues the FET form. We match the route to your bank.
20–35% on signing, interest-free stage payments during construction, the balance at handover.
Handover and title registration at the Land Office: freehold in your name, leasehold as a 30-year renewable lease.
A foreigner can own a condominium unit outright (freehold) within the 49% of a building’s area the law reserves for foreigners. The other 51% sells on 30-year leasehold, renewable up to 90 years; those units are 10–15% cheaper. A house and its land: leasehold or a Thai company only.
Yes — nationality does not matter. US, UK, EU, Australian and Asian citizens buy condos freehold on the same terms; there is no residency requirement and no need for a Thai partner. The one rule is that the purchase money must come from abroad in foreign currency, documented by the receiving bank’s FET (Foreign Exchange Transaction) form.
One-off: a 2% transfer fee (usually split with the developer), a sinking-fund contribution of ฿500–1,000 per m² and a utilities deposit. Annual: common-area fees of ฿40–80 per m² per month. Property tax on a single residential unit under ฿50M is negligible (0.02% of the assessed value).
Buying property does not grant a visa by itself. A unit above ฿10M supports a yearly renewable investment visa; an investment from $250,000 counts towards the 10-year LTR visa; for ฿4–8M budgets buyers usually use Thailand Privilege or the DTV.
From the developer: the Chanote land title, building permit, EIA and sales licence; from the agency: a direct agreement with the developer (we sell on direct contracts with no buyer commission) and a Thai legal entity. Judge reviews by completed buildings, not renders.
On the resale market a foreigner can buy units from the freehold quota; the checks are the Land Office extract, no outstanding common-area fees and the seller’s tax. Liquidity is highest for condos in Bang Tao and Surin; completed Harmony buildings in the catalogue have resale units.
Yes. A condominium unit is owned freehold within the 49% foreign quota of each building; a villa is held via a land lease or a Thai company. The only requirement is that funds arrive in Thailand from abroad in foreign currency.
Yes, on the same terms as any foreigner: freehold condos within the 49% quota, no residency or partner required. US citizens should keep the FET form for the transfer and report the foreign asset under US rules (FBAR/FATCA) where applicable.
For a condo from a developer — yes: reservation, contract, stage payments and registration typically take 4–8 weeks, and everything can be done remotely by power of attorney. Villas take longer because of the land lease or company structure.
No: reservation, contract and payment are handled remotely, registration at the Land Office by power of attorney. Many buyers first see their unit when they collect the keys.
About 2% transfer fee (often split with the developer), a sinking-fund contribution of ฿500–1,000 per m² and a utilities deposit. We send the exact estimate with the price list.
Not automatically. A unit above ฿10M supports a yearly renewable investment visa; $250,000 or more counts towards the 10-year LTR. For smaller budgets — Thailand Privilege or the DTV.
We send the developer’s current prices, payment plan and a yield estimate. Reply within 24 hours, in English.