Regent home condo - (Listing # PL10951)
For any further information about this property, please contact your Bangkok, Thailand real estate agent. The condominium is located on in the community of central Bangkok.
The asking sale price for this Bangkok property is ฿1,290,000 THB (Thailand Baht) which equals ฿40,313 per square meter. As a buyer you will be responsible for a portion of the transfer fee, which may or may not be included in the asking price, please ask your Bangkok real estate agent before you view.
There are fees associated with condo purchase that vary slightly but are pretty straight forward. In addition to the sale price which in this case is ฿1,290,000 the buyer is responsible for part (usually 50%) of the 2% transfer fee. The transfer fee is not based on the actual sale price, but the appraisal price from the land department. The seller is responsible for business tax, stamp duty and withholding tax. Along with the sale price, taxes and fees are somewhat negotiable. If you find a property you like, the purchase process usually begins by making a booking deposit along with preparing the sales contract, this holds the property and allowing you the time to prepare and execute the consequent funds transfers before the closing date determined in your contract.
Financing Your Bangkok Real Estate Purchase
Make sure you have your finances in order before viewing condos for sale. It is often difficult for foreigners to get financing for purchasing property in Thailand. If buying a property under your name with cash you must transfer the money into Thailand from a foreign bank. If you have a longstanding Thai corporation you can also purchase property using funds located in a Thailand bank account. If you are a first time Thailand real estate buyer it is best practice to hire an attorney who is well versed in Thai real estate laww.