Resale Second Hand Home Property and Agent

Transferring ownership of a second-hand property in Thailand involves strict adherence to Land Office regulations and specific tax frameworks. The standard transfer fee stands at 2% of the registered appraisal value, traditionally split equally between the buyer and seller. However, sellers must strategically account for the Specific Business Tax (SBT), which levies a 3.3% charge on the higher of the appraisal or actual sale price if the asset is transferred within five years of the original purchase.

For properties held beyond the five-year threshold, or if the seller's name has been registered in the blue house book (Tabien Baan) for at least one full year, the SBT is entirely waived. Instead, a minimal 0.5% Stamp Duty applies. Furthermore, withholding tax calculations operate on a sliding scale based on the property's appraised value and the duration of ownership. Partnering with a licensed RE/MAX agent ensures these complex financial liabilities are accurately calculated prior to listing, safeguarding your net profit margins.

Verified Real Estate Authority

This guide is researched and authored by our certified local market experts at REMAX Thailand. With decades of combined experience across the Kingdom, our team ensures every insight is backed by verified transaction data, strict legal compliance, and up-to-date market trends.

How long does it typically take to sell a second-hand property in Thailand?

Selling a properly priced resale home or condo generally takes between 45 to 90 days. Properties located within 500 meters of major transit lines like the BTS or MRT often experience faster turnaround times due to high tenant and buyer demand.

What is the RE/MAX Seller Portal?

The RE/MAX Seller Portal is an exclusive internal database that instantly cross-references your listing's details with the specific purchasing criteria of pre-qualified buyers represented by our agents across Thailand.

Who pays the 2% transfer fee at the Land Office?

By standard local practice, the 2% Land Office transfer fee is split equally (1% each) between the buyer and the seller, although this ratio can be entirely negotiated during the initial contract phase.

Can foreign nationals buy my second-hand condo?

Yes, foreign buyers can legally purchase second-hand condominium units on a freehold basis, provided the building's total foreign ownership quota remains strictly under the 49% legal limit stipulated by the Condominium Act.

Why should I use a professional agent instead of selling it myself?

Utilizing a certified agent provides access to accurate comparative market pricing, shields you from legal liabilities during the transfer process, and exposes your property to a significantly larger pool of verified international and local investors.