Foreign ownership of Condominium Property

According to Thai Law, foreigners may own 49% of the aggregate saleable unit space of a condominium building while the remaining 51% must be owned by either Thai nationals or majority owned Thai companies.

The Sales Process

Pre-completion payment (5%)

  • A) Reservation: Make a deposit of THB 5,000.00 for studio unit, which is completely recoverable by deduction from the contractual payment.
  • B)Signing: The Sales and Purchase Agreement is to be signed within 7 days of the date on the reservation contract or a short period following the reservation. THB 20,000 is required upon the signing of the agreement.
  • C)Down Payment: Make a payment of 5% of total value which is deducted from THB25,000 of contractual payment into 12 periods.

Balance payment (95%) is to be completed when transferring

Additional Expenses

  • A)Transfer Fee - Calculated as 2% of the sales price (subject to change by government policy) 50% paid by seller, 50% paid by purchaser upon transfer of title deed.
  • B) Signing Fund - This payment is THB400 per square metre and is payable upon transfer of title deed.
  • C) Advanced Juristic Fees - Paid in advance on THB40 per square metre per month basis.

Note: The Juristic Fee or management / maintenance fee is used for general monthly maintenance of the building, common areas, security, pool maintenance, etc.

More Information

Disclaimer - Information provided should be used as a guideline only. We suggest that you refer to our professional sales team at or tel. 1685 and a legal advisor before buying a property in Thailand.

Copyright©2011. Sansiri Public Co., Ltd. All rights reserved. |
Featured photography on website consists of photography on location, photography on location with simulated atmosphere and simulated graphic. Should you have any questions regarding any photography, please contact our customer service staffs or visit our projects' site. Call 1685.