My Resort Bangkok Phetchaburi condo for sale in Asoke was built in 2010 by Equity Residential.
My Resort Bangkok Condominium in Asoke Near University, MRT and Airport Rail Linkคอนโดมิเนียม “มาย รีสอร์ต แบงค์คอก” ตั้งอยู่ในทำเลที่สะดวกสบายในย่านอโศก – เพชรบุรีระหว่าง Airport Rail Link และ MRT ทำให้เหมาะสำหรับผู้ที่เดินทางบ่อย:
What documents are required to buy a condo in Thailand?
What documents are required to buy a condo in Thailand?
Whether you are a Thai national or a foreign buyer, buying a condo in Thailand requires a specific set of documents to comply with the law and complete the transfer of ownership at the Land Department.
📋 For Foreign Buyers:
Passport copy (all relevant pages)
Foreign Exchange Transaction Form (FET) from the bank (for transferring over USD 50,000)
Sales and Purchase Agreement (signed by both parties)
Reservation or booking agreement (if applicable)
Proof of address (may be required by some banks or developers)
Power of Attorney (if someone else is handling the transfer on your behalf)
📄 For Thai Buyers:
Thai National ID card
House registration book (Tabien Baan)
Sales and Purchase Agreement
Marriage certificate (if applicable, for marital property rights)
🏦 For Both Thai and Foreign Buyers:
Copy of Title Deed (Chanote)
Copy of the seller’s ID and Title Deed
Tax documents for transfer
Copies of any loan/mortgage agreements (if financing is involved)
What is the transfer tax or fee when buying a condo in Thailand?
When buying a condo in Thailand, there are a few key fees and taxes to be aware of. The main transfer fee is 2% of the government appraised value, and it is typically split equally between the buyer and the seller unless negotiated otherwise.
Additional taxes include:
Withholding Tax (WHT): Paid by the seller. For individuals, it’s based on personal income tax rates. For companies, it’s 1% of the sale price or appraised value—whichever is higher.
Specific Business Tax (SBT): 3.3% (including local tax), applied if the seller transfers the property within 5 years of ownership unless it’s a primary residence.
Stamp Duty: 0.5%, only charged if SBT does not apply.
All these charges are calculated based on the official Land Department valuation, which is often lower than the market price.
Important: It’s critical to review these taxes early in the buying process so there are no surprises at transfer. CondoDee helps clients understand the full cost structure and negotiate terms clearly.
📞 Need clarity or legal support? Contact CondoDee:
📧 [email protected]
📱 WhatsApp: +66 62 189 9659
🟩 LINE: @realty
☎️ Office: +66 2 038 5897
Yes, foreigners can legally own condominium units in Thailand under what is known as the “foreign freehold quota.” Thai condominium law allows up to 49% of the total sellable floor area of a condominium project to be owned by non-Thai individuals or entities.
This quota ensures that foreign buyers can own the title deed outright in their own name, giving full legal rights similar to Thai nationals. However, it’s important to note that:
The foreign buyer must remit funds in foreign currency into Thailand and document the transaction properly.
The unit must be within the available foreign quota of the building at the time of purchase.
CondoDee specializes in assisting foreigners and expat investors in securing units within the foreign freehold quota. From document handling to quota verification and bank transfers, our team ensures a smooth and legal process for international buyers.
📧 [email protected] | 📞 +66 2 038 5897 | 📱 WhatsApp: +66 62 189 9659 | 🟩 LINE: @realty
