The Costs of Buying Property in Thailand
Transfer fees, taxes and other costs to plan for, and who usually pays them.
Beyond the purchase price, several government fees and taxes are due when property changes hands in Thailand. Who pays each one is agreed between buyer and seller, so check your contract. Figures below are the commonly applied rates; confirm current rates with your lawyer.
Fees paid at the Land Office
| Cost | Typical rate | Usually paid by |
|---|---|---|
| Transfer fee | 2% of the appraised value | Shared or by agreement |
| Specific business tax | 3.3% of the higher of sale price or appraised value, if sold within 5 years | Seller |
| Stamp duty | 0.5%, only when specific business tax does not apply | Seller |
| Withholding tax | Calculated on the appraised value | Seller |
Leasehold registration
Registering a lease at the Land Office usually costs 1% of the total rent for the lease term, plus stamp duty of 0.1%.
Other costs to budget for
- Legal fees for due diligence and contracts
- Condominium sinking fund and common area fees
- Furniture, insurance and ongoing maintenance
Want a cost estimate for a specific property? Ask our team and quote the Property ID.