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𝐓𝐡𝐞 𝐒𝐭𝐫𝐚𝐧𝐝 𝐓𝐡𝐨𝐧𝐠𝐥𝐨𝐫 - An ultra-luxury condominium in Bangkok at the front of Soi Thonglor.
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22.11.2023
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The Strand 2 bedroom
3D-tour
15.06.2022
460
Cliffside 5 Bedroom 6 Bathroom Seaview Villa in Bangpor, Koh Samui
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24.05.2024
186
Keeree Tara Villa – Extraordinary 5 Bedroom Seaview Pool Villa in Chaweng Noi
video
29.04.2024
165
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FAQ
Can a foreigner own property in Thailand?

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.

 

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What are the taxes for real estate purchase in Thailand?

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.

 

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Are there any recurring property taxes?

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.

Can I rent out a unit I purchased for investment?

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.

 

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Should I use a real estate agent or try and navigate a market by myself?

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 .

Our team
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Alex Ambrosov
Founder and Managing Director
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Company founder, real estate expert with 10 years experience in development, brokerage and project management. Developer of Sunway Villas and Bayview Estate.
A handsome man sitting on a couch.
Alex Minak
General Manager
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Asian real estate expert with over 10 years of experience in Thailand, China and HK. International member of National Association of Realtors® (USA) and Certified International Property Specialist.
Real estate agent
Shuli Ng
Property Consultant
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Expert in Samui real estate market with over 5 years experience. Specializes in sea view villas and off-market properties.