Sell a condo

Sell your condo, including the juristic person paperwork

Listing, photography and marketing are on us, with nothing payable up front. We handle the juristic person and the debt clearance letter, check how much foreign quota the building has left, and market the unit in English and Chinese at no extra charge.

Listing and marketing cost you nothing

Listing, photography and marketing are ours. Nothing is payable up front, and if it does not sell it has cost you nothing.

The agency fee applies only once the sale completes and the title transfers, agreed in writing before any work begins.

Selling to foreign buyers

A foreign national may own a condominium unit outright, provided foreign ownership across the building does not exceed 49% of the total unit floor area.

If the building still has quota, your unit reaches a considerably wider pool of buyers, and that pool tends to decide faster and negotiate less. We check the remaining quota with the juristic person before marketing starts.

We market in English and Chinese at no extra cost, and deal with foreign buyers on your behalf throughout.

What we actually do

  1. Valuation and document check

    Compared against units that actually closed in your building and nearby ones, not what other sellers are asking, plus a check of the unit title and any outstanding common fees.

  2. Photography and trilingual marketing

    Photographed properly and listed in Thai, English and Chinese, so every buyer who could legally buy your unit can find it.

  3. Screening and viewings

    We check a buyer can afford it before arranging a viewing. For foreign buyers we also check the inward remittance, because registration of title depends on it.

  4. Juristic person and transfer

    We obtain the debt clearance letter and the foreign ownership ratio certificate, book the transfer date, and attend the Land Department with you.

Documents you will need

  • The original unit title deed
  • ID card and house registration for every registered owner
  • The debt clearance letter from the juristic person. It has to be requested in advance and takes time, and it is not issued until any outstanding common fees are settled.
  • The foreign ownership ratio certificate, where the buyer is a foreign national
  • Spousal consent, where the unit is marital property

Tax and costs on transfer day

  • Transfer fee, 2% of the appraised value, customarily split equally, though you may agree otherwise and it should be in the contract.
  • Personal income tax, from the appraised value and years held. Paid by the seller.
  • Specific business tax at 3.3% of the higher of sale or appraised value, where the unit has been held under five years and the seller has not been on the house registration for a full year. Otherwise stamp duty of 0.5% applies instead.
  • Any outstanding common fees, which must be cleared before the clearance letter is issued. They can be deducted from the sale proceeds on the day.
Discussing a property with an agent

Common questions

Can I sell my condo to a foreigner?

Yes. A foreign national can own a condominium unit outright, as long as foreign ownership in the building stays within 49% of total unit floor area. We check the remaining quota with the juristic person first, and if there is room we market in English and Chinese at no extra cost.

What is the debt clearance letter?

It is a letter from the juristic person confirming no common fees are outstanding. The Land Department requires it and the transfer cannot proceed without it. Request it one to two weeks before the transfer date at least. We deal with the juristic person for you.

Can I sell with common fees outstanding?

Yes, but they have to be settled, because the juristic person will not issue the clearance letter otherwise. The arrears can be deducted from the sale proceeds on transfer day, so you do not need to find the money in advance.

Can I sell a mortgaged condo?

Yes. On transfer day the buyer pays the bank to redeem the mortgage first and the balance comes to you. We coordinate with the bank so redemption and transfer happen the same day.

Start by finding out what it is worth