Blog about overseas real estate

What is the required reservation deposit for an off-plan property purchase in Thailand?

Thailand
When purchasing real estate in Thailand under a reservation agreement for off-plan properties, the reservation deposit typically ranges from 10% to 20% of the property price. However, the exact amount of the reservation deposit may vary depending on the developer and the specific project.

Here are the key points to consider:

  • Deposit amount: Typically, this is between 50,000 and 200,000 Thai baht or a certain percentage of the total price. It is recommended to confirm the terms with the developer.

  • Refund policy: It is important to know whether the reservation deposit is non-refundable in the event of cancellation. Generally, if you decide to cancel the deal after making the deposit, it may not be refunded by the developer.

  • Agreement: Always review the terms of the reservation agreement to understand all financial obligations and rights of the parties.

  • Subsequent Payments: After the reserve deposit, payment stages typically follow, which may include additional payments as certain construction stages are completed.

Before making a reserve deposit, we recommend consulting with our specialists and a lawyer to avoid potential risks.

For any questions, please call or submit a request; one of our specialists will contact you shortly.