Frequently Asked Questions

Common

• What are the restrictions for foreigners when buying real estate in Thailand?
  
  Foreigners can buy apartments and apartments, but cannot own land directly. The maximum share of foreigners in one building must not exceed 49%. To buy land, you can use a long-term lease or set up a company with Thai participation. We will help you understand all the nuances and offer you the best real estate options.
• What are the taxes and fees associated with buying real estate in Thailand?
  
  The main fees include property transfer tax (2%), stamp duty (0.5%), special business tax (3.3%) and income tax on the sale of the property. Notary and registration fees may also apply. Apartphuket Agency will provide you with detailed information about all possible costs and help you optimize your budget.
• What are the steps to buy a property in Thailand?
  
  Find a suitable property, make an offer and agree on a price. Hire a lawyer to check the documents and formalize the deal. Pay the deposit, register the transaction in the Land Department and get the keys. Our agency will guide you through every step of the process.
• What types of real estate can foreigners buy in Thailand?
  
  Foreigners can buy apartments and apartments, but cannot own land directly. It is also possible to buy villas and houses through leasing land or setting up a company. Apartphuket will offer you a wide range of properties to suit your requirements.
• Can foreigners buy land in Thailand?
  
  Foreigners cannot directly own land. However, you can lease land on a long-term basis or set up a Thai-owned company to buy land. Our experts can help you choose the best way to purchase land.
• What documents are required to buy real estate in Thailand?
  
  You need a passport, purchase contract, real estate documents and proof of transfer of funds from abroad. You may also need an income certificate and other documents depending on the specific transaction. Apartphuket will assist you in gathering and processing all the necessary documents.
• Do I need to hire a lawyer to buy real estate in Thailand?
  
  Hiring a lawyer is highly recommended. A lawyer will help to check the documents, conduct the transaction and avoid possible legal problems. We cooperate with reliable lawyers who will ensure the safety of your transaction.
• How long does the process of buying real estate in Thailand take?
  
  The process of buying real estate usually takes 30 to 60 days. The time may vary depending on the complexity of the transaction and availability of all necessary documents. With Apartphuket you can speed up the process and minimize possible delays.
• How to find a property to buy in Thailand?
  
  You can use online platforms, but it is better to contact professionals. We will offer you current real estate options and organize personal inspections of properties. We will also provide full information about each property and its surroundings.
• How to check the legality of the transaction when buying real estate in Thailand?
  
  Hire a lawyer to carry out an inspection of the Chanote and all necessary documents. Make sure that the seller has the right to sell the property and that all taxes and fees have been paid. Apartphuket will provide a thorough check and legal support for the transaction.
• What are the most popular areas in Thailand to buy real estate?
  
  Popular areas include Bangkok, Phuket, Chiang Mai, Pattaya and Samui. Each area has its own features and advantages, such as proximity to the sea or developed infrastructure. Apartphuket operates in Phuket and Bangkok and will help you choose the best neighborhood depending on your preferences and goals.
• How to get a mortgage or loan to buy real estate in Thailand?
  
  Getting a mortgage for foreigners is difficult but possible. It is best to go to banks that offer special programs for foreign buyers.
• Is it possible to buy real estate in Thailand while abroad?
  
  Yes, you can. You will need a power of attorney for a representative who will act on your behalf and transfer of funds through an international bank account. Apartphuket will organize all the necessary procedures and ensure the successful completion of the transaction.
• What additional costs may arise when buying real estate?
  
  Additional costs may include legal fees, notary fees, translation of documents into Thai or English, property insurance and utility bills. There may also be costs for repairs and improvements to the property. Apartphuket will provide a full estimate of all possible costs and help you plan your budget.
• What are the peculiarities of the real estate market in Thailand?
  
  The real estate market in Thailand is attractive to foreign investors due to the low prices and variety of offers. However, it is important to be aware of legal restrictions and to check transactions carefully. Apartphuket will offer you the best options and provide you with reliable support at all stages of the purchase. If you have any further questions or need assistance, please feel free to email us at: (here you can see the contact form).