Land for Sale in Thailand
Sunway Estates offers a wide variety of land for sale in Thailand. We aim to cater to individual and investment goals, preferences in style and location, and budgets. Typical examples include:
- Seaview
Often housed in secure gated communities, these superb plots offer stunning sea views and established infrastructure.
- Beachfront
People who want to develop property next to the beach have various options when partnering with Sunway Estates.
- Oceanfront
Typically with broad oceanfront views located on the elevated cliff facing the ocean.
- Residential
Available in various locations, these plots are perfect for developing private residences.
Sunway Estates works hard to make finding and securing land for sale in Thailand as smooth and painless as possible:
- Sourcing/viewing plots
Contact us, and we will arrange viewings of your preferred land for sale.
- Reservation
A reserving deposit is taken, and the plot is removed from the market.
- Due Diligence
All aspects of the land for sale are analyzed to ensure all legal requirements and issues are addressed.
- Sales and purchase agreement
A Sales and Purchase Agreement (SPA) is signed, specifying the exact terms of the sale and the payment schedule.
- Payment
The first payment is made using funds transferred from an overseas account.
- Ownership transfer/registration
After paying taxes and fees, ownership is transferred at the Land Department, and the property is registered.
In Thailand, land for sale cannot be purchased by foreigners. However, there are some ways to negate this issue.
- A foreign/Thai company can be created where up to 49% of the shares are foreign-owned and the rest by Thai nationals.
- 30 Year Land lease option with contractual extensions.
Please speak to the experts at Sunway Estates today to better understand how the real estate/land rules apply to you.
The agreed price for any land for sale in Thailand does not include the following expenses:
- Transfer fees — Typically, 2% of the appraised value
- Stamp duty — 0.5% of the appraised value/final price (whichever is higher)
- Specific business tax (SBT) - 3.3% of the registered (sale) value or appraised value
- Legal fees — A lawyer is required for due diligence and reviewing the contract
When you’re in the market for land for sale in Thailand or want to buy luxury property that is already perfect and ready to inhabit, our luxury property consultants at Sunway Estates are standing by to assist. We have all the experience, local knowledge, legal expertise, and insight you need.
While most properties are promoted openly and information about them available online or is otherwise advertised, some owners or developers prefer not to advertise their projects and in some cases don't even disclose the fact that they are available for sale (or even that they exist).
Normally that's the case with more high-profile properties, where the owners want a higher degree of control of who they are offered to and want; however private owners can go this route due to privacy considerations. Some of the best, most exceptional properties in the world are sold off-market without general public ever having access to the offer.
Another scenario is when a developer, before launching official sales of a project/property, offers it off-market for a limited time first, normally to existing buyers or friends and family.
We at Sunway Estates have access to a number of off-market listings, so, if you are looking for something special, don't hesitate to let us know.