Payment Terms When Buying Property in Thailand
Payment Terms
Buying property is not an easy procedure, you will have to go through many people and their services that will cost you money. Here is the basic information about payment terms that you need to know.
Off-Plan
Deposit payment depended on developer
Contract signing payment – 25-30% of total cost
Payment followed by construction progress
Second-hand Property
Deposit usually requires 10% of total cost to the agency saving account, after the legal checked, they will set up the registration date and the rest of payment will be paid to the seller after registration is all completed.
Do not hesitate to get in touch with us at IBG Property if you have any further questions regarding payment terms in details for real estate investments in Thailand.
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