Curated luxury properties for sale in Thailand
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Yes! Thailand’s Condominium Act allows foreign nationals to own condominium units under direct freehold. Acquisition of land or landed properties is possible under leasehold or Thai company structure.
It depends on property type. If you are buying a condo from developer, you will pay specific business tax, withholding tax and transfer fee (total of 6.3%, which is normally split between the buyer and seller). If you are buying house or condo under leasehold, only 1.1% lease registration fee is payable.
In 2019 Thai government introduced an annual land and house tax, it currently caps at 0.3%. Properties below certain price range used as a primary residence can be exempt.
Yes! You can do it yourself, if you prefer, or for hands-off management you can use a rental agency. Many developers also have in-house rental service - especially in resort cities where you can find hotel-managed projects with rental pool programs.
In Thailand there is no buyer side commission (i.e. agent’s fee is payable by the seller), so there is no downside to using a good agent. Choosing a good agent is a different story and requires a bit of research.
A good starting point would be here .