Regardless if you are a Thai countrywide or a overseas consumer, purchasing a condo in Thailand necessitates a selected list of paperwork to comply with the law and full the transfer of ownership in the Land Department.
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When drinking water and electrical power are charged based on utilization, some properties may well apply supplemental admin costs for providers like:
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Thai condominium regulation makes it possible for as much as forty nine% of the total sellable flooring space of a condominium job to become owned by non-Thai people today or entities.
What exactly are the prevalent service fees for condo owners in Bangkok? + − Once you individual a condominium in Bangkok, you are liable for specified ongoing charges known as typical location upkeep (CAM) costs. These deal with the shared products and services and amenities furnished by the making’s juristic administration.
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If common fees aren't paid on time, penalties can apply and could effects your power to sell or transfer the unit in the future.
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All of these rates are calculated based on the official Land Department valuation, which can be typically decreased than the industry rate.
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