Buyer’s Guide

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.

Remarks:

• Ownership transfer fee: 1% of the property’s estimated price (subject to change according to government estimations) – This expense is shared 50:50 between the property seller and buyer.
• Common fee charge is used to manage, maintain and repair the common property and areas of the building. Such include maintenance of the common area, security services and the swimming pool maintenance.