Hidden Costs of Buying Property in Thailand: Buyer’s Checklist

Understand all hidden costs when buying real estate in Thailand. Budget smartly for taxes, fees, and legal charges.

When buying property in Thailand, don’t forget to account for these common hidden costs:

Taxes and Legal Fees:

• Transfer Fee: 2% of appraised value (shared or negotiated)
• Stamp Duty: 0.5% (or Specific Business Tax 3.3% if selling within 5 years)
• Withholding Tax: Up to 5% for corporate sellers
• Legal Fees: For contracts and due diligence

Other Charges:

• Maintenance Fees: Monthly for condos or gated villas
• Sinking Fund: One-time payment for condo common area upkeep
• Utility Setup Fees: Electricity, water, internet

Tip: Budget 5–10% above the purchase price to avoid surprises. Mild Property provides a transparent cost breakdown before every transaction.

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