{"id":18948,"date":"2018-12-18T00:03:34","date_gmt":"2018-12-17T17:03:34","guid":{"rendered":"http:\/\/i27128iu.bget.ru\/?p=18948"},"modified":"2025-07-21T12:38:28","modified_gmt":"2025-07-21T05:38:28","slug":"presale","status":"publish","type":"post","link":"https:\/\/phuketlikehome.com\/en\/presale\/","title":{"rendered":"Buying Property in Thailand BEFORE Construction Begins"},"content":{"rendered":"<p><\/p>\n<h3>The most profitable time to purchase real estate is BEFORE construction, but the risks are also the highest.<\/h3>\n<p>Let&#8217;s take a closer look.<\/p>\n<p>The presale stage is the initial stage of construction, when the developer starts construction work, most often after receiving all the permits (not always; it is necessary to check) and before the foundation is laid.<\/p>\n<h3>Pros: the lowest price per square meter;<\/h3>\n<p>the ability to choose the best layouts and location (floor, side, view);<\/p>\n<p>interest-free instalments.<\/p>\n<h3>Cons:<\/h3>\n<p>The waiting period before occupancy is 12-24 months.<\/p>\n<p>Risk of delays or changes in the project.<\/p>\n<p>How is the payment made?<\/p>\n<h3>Reservation fee:<\/h3>\n<p>From 50,000 to 200,000 THB &#8211; non-refundable, included in the total amount.<\/p>\n<p>First contract payment 2-4 weeks after reservation:<\/p>\n<p>25-50% of the cost after signing the reservation agreement, and according to the developer&#8217;s terms<\/p>\n<h3>Installation during construction:<\/h3>\n<p>3-5 payments as key stages are completed (foundation, frame, roof, interior decoration).<\/p>\n<h3>Final payment:<\/h3>\n<p>30-50% upon handing over the keys and registering the property.<\/p>\n<h3>Is it possible to get a mortgage?<\/h3>\n<p>No, but you can get an instalment plan:<\/p>\n<p>0% while under construction and a fixed rate upon completion of construction (provided for individual projects). Usually no more than 5 years and 7% per annum.<\/p>\n<h3>Documents required for the transaction:<\/h3>\n<p>Reservation Agreement<\/p>\n<p>Sales &amp; Purchase Agreement<\/p>\n<p>Payment Schedule &#8211; usually an appendix to the main agreement<\/p>\n<h3>Additional expenses<\/h3>\n<p>Registration fee at the Land Department &#8211; 1-2% of the cost<\/p>\n<p>One-time contribution to the capital construction fund (500-1000 baht per m2)<\/p>\n<p>Maintenance fee for common areas &#8211; in advance for a year (50-100 baht per m2 per month)<\/p>\n<p>Freehold quota fee (if full ownership is required) &#8211; approximately 300,000-600,000 THB<\/p>\n<p>Installation of meters (10,000 &#8211; 20,000 baht)<\/p>\n<p>Furniture package (optional)<\/p>\n<h3>What should we do if the construction is delayed?<\/h3>\n<p>Could you check the contract&#8217;s guaranteed delivery date and penalties for late delivery? Jsxyj pfcstroyshchiki stipulate a delay of up to a year. Penalties should be applied beyond this period.<\/p>\n<h3>How to protect yourself?<\/h3>\n<p>Check for construction permits.<\/p>\n<p>Choose trusted developers with already completed projects.<\/p>\n<p>Make sure that the developer owns the plot.<\/p>\n<p>Involve a lawyer to check the contract (significant for foreigners).<\/p>\n<p>Choose experienced agents who work with the project officially, make sure that the company has been on the market for a long time and values \u200b\u200bits reputation.<\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>The most profitable time to purchase real estate is BEFORE construction, but the risks are also the highest. Let&#8217;s take a closer look. The presale stage is the initial stage of construction, when the developer starts construction work, most often after receiving all the permits (not always; it is necessary to check) and before the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":73238,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[169],"class_list":["post-18948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-sale"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Buying Property in Thailand BEFORE Construction Begins - Phuket Like Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phuketlikehome.com\/presale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buying Property in Thailand BEFORE Construction Begins - Phuket Like Home\" \/>\n<meta property=\"og:description\" content=\"The most profitable time to purchase real estate is BEFORE construction, but the risks are also the highest. 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