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27.12.2023 13:20

Buying a property in Thailand: a remote transaction.

Buying a property in Thailand: a remote transaction.

Selection of object


We select several objects, for example, in Phuket, that fit your criteria and provide complete information on them: registration methods, payment schedule, additional costs, for example, such as: furniture package, taxes, utility bills, etc.


Negotiations with the seller


After selecting one or more objects, we organize a video conference for you at the developer’s office with his representative. We will also help you agree on the most favorable terms of the transaction.



Rawing up a reservation agreement


After selecting a specific property and agreeing on the terms of purchase, it is necessary to sign a reservation agreement so that the developer will remove it from sale. You will need a copy of your passport, email, phone number and postal address.


Reservation payment


Along with the reservation agreement, the developer sends you an invoice for payment of the deposit.



Main contract


After paying the deposit, the developer’s lawyers prepare the main contract and send it to you for approval by email. You study it and make changes if necessary.



Payment under the contract


Payment is made based on the contract from your account from anywhere in the world according to the agreed payment schedule.



Acceptance


Upon completion of construction, the developer sends you an invitation to accept the apartment or villa. If you cannot fly, we will carry out the reception on your behalf.




Registration of a transaction


As a rule, our clients fly to the island to sign a power of attorney for a lawyer who, on their behalf, registers the transaction with the land committee. But it is possible to register remotely by providing a power of attorney in the form of the land committee, certified by a notary.




The only thing that can only be done personally is to open a bank account in a Thai bank to receive rental income.