How to sell a property in Thailand, via an Estate Agent, an agent who specializes in overseas property, or if selling a property.
To sell a house, apartment, villa or any type of property in Thailand, you'll need to:
To sell a property in Thailand to a local, national or international buyer, you'll need to consider the following:
Taxes and fees - The total tax burden on selling a property in Thailand is usually 5-7% of the sale price. This includes a transfer fee of 2%, a business tax of 3.3%, and a 0.5% stamp duty.
Documents - these are a few of the items you will need to make available, or obtian - ID or passport , House registration, Title deed (Chanote), Letter that the property is free of debt, FET Form if the buyer is a foreigner, Company registration if the buyer is a company
Real estate agent
You can use a real estate agent or broker to help you find a buyer, negotiate, and get the best price for your property. Agents typically take a commission of up to 3% of the purchase price.
Marketing - You can use an international website, social media, and third-party listing portals to market your property.
Foreign exchange transaction certificate - If the buyer is a foreigner, they'll need a Foreign Exchange Transaction Certificate (Thor Thor 3). This document is issued by banks when a foreigner receives foreign currency into their Thai bank account.
You can work with a team of attorneys, accountants, and real estate agents during the sale or a mix of those professions depending on how you wish to sell your property.
Note this information is purely a guide, and if selling or renting in Thailand, we advise you to seek professional help as relates to your specific needs.
Find out how to list a property in Thailand for sale here.
