How to buy a house in Pattaya, Thailand?

1. Buy an existing house from the developer.

The process is as follows:

1) Pay the deposit and sign the house purchase contract;

50000- 15000 baht, cash, transfer or credit card are acceptable.

When the developer issues an order contract, you need to provide your passport, address, telephone number and email address. The subscription contract generally includes project information, selected room unit information, personal information of the subscriber and payment bank information. This step is to lock the housing, so that developers can take this house out of the trading market without my presence.

2) Pay the contract amount and sign a formal contract;

The contract amount is generally 10%-30% of the total house price. The easiest way is to remit it to the developer's account through international remittance, but due to the domestic foreign exchange policy, it is basically impossible to remit it to the account of foreign companies. So either call the developer's account through an intermediary, or open a local bank account in Thailand, remit it from China to your account in Thailand, and then return it to the developer.

When the developer receives the contract payment, there will be a formal contract. The formal contract contains more detailed terms, which are much thicker than the purchase contract. Different developers have different policies in the process of contract signing. Some developers can print and scan their signatures and mail them back, some developers mail their signatures and send them back, and some developers ask to sign contracts on the spot.

3) Pay the full amount and transfer the ownership;

In fact, if it is an existing house, there will be a short time from the contract payment to the full payment. The contract payment is just a formality. If you want to get the house as soon as possible, you must pay the full amount. There are many individual projects, and the developer's policy is to pay part of the money to get the key, not to enter the house. )

Buy an existing house from a developer. After paying the full amount, the developer will ask you to sign a transfer authorization agreement and the developer will handle the transfer. The transfer authorization agreement requires a visa record of your recent entry into Thailand, so you need to enter Thailand for at least half a year before you can transfer.

Summary: The process of buying a first-hand existing home from a developer is relatively simple, because the node of time is still free, and you don't even want to come in person all the time. Just find an intermediary or someone else. As for many guests asking if they can get a loan in Thailand, the answer is yes, but the process is complicated, and generally no intermediary is willing to take over.

2. Buy an auction house from the developer.

This situation is also relatively simple and the cycle is relatively long. In addition to the contract payment and the final payment, there are more stages in the middle. In Thailand, it is not necessary to pay the full amount in one lump sum, but to pay in installments during the project construction, and then pay the final payment after the project is completed and accepted, and then take the key and transfer the ownership. This process goes something like this:

1) Pay the deposit and sign the house purchase contract;

5-10.5 million baht, cash, transfer or credit card are acceptable, and a purchase contract can be signed.

2) Pay the contract amount and sign a formal contract;

The contract payment is generally 10%-30% of the total house payment, and the payment time varies from one week to one month after the deposit is paid according to different projects.

3) installment payment;

The developer will give reasonable installment payment according to the construction progress of the project. For example, the project construction will take about two years, and it can be divided into three phases, and 20% will be paid every six months. Of course, there are many projects that don't have this step by stages, but just like existing houses, only the contract payment and the final payment are divided, that is, the span of the whole construction time is separated, such as 30% of the contract payment and 70% of the final payment, which is also very common.

4) The last payment, that is, the full payment.

Generally 20%-70%. After the project is completed and renovated, after the developer completes all the actions, the house inspection can be paid later. The next step is to sign the transfer authorization, and the developer will handle the transfer.

3. Take over the existing houses transferred by private owners, that is, second-hand houses;

In this case, the house has been transferred to the seller's name and has nothing to do with the developer. The process is as follows:

1) Pay the deposit and sign the resale contract;

50,000-65,438+500,000 baht. The resale contract is generally issued by an intermediary agency, and the contract indicates the resale information of the house, the information of the buyer and the seller, the delivery time of the house, and the payment handover method. This series of actions are guided by the intermediary. When the three parties gather in the Land Bureau to transfer the ownership, they need to ensure that the buyer has prepared the proof of money and overseas remittance, and the seller has prepared all the materials of the house, such as title deeds and keys.

2) Pay the full amount and transfer the ownership.

The house payment is generally a one-time payment. Of course, there are also some buyers who agree to a certain installment payment method after discussion because of financial difficulties.

On the day of transfer, hand over the house. According to the requirements of the seller, the money can be cash, check or transfer. Delivery refers to writing the buyer's name on the real estate license after the application of the land department, indicating that the house belongs to the buyer in national law.

4. Take over the existing houses or faster houses that have not been transferred by private owners, that is, resell them.

This situation involves developers.

The owner bought the house from the developer, but the house has not been transferred from the developer to the owner (not yet completed or transferred), so the owner holds the house according to the purchase contract signed with the developer. The owner wants to resell this untransferred house, and you intend to take over. The process is as follows:

1) Pay the deposit and sign the resale contract;

5-65,438+0.5 million baht, the intermediary issues a resale contract and gives the money to the owner.

2) down payment, that is, the money paid to the owner;

After signing the resale contract, the seller will notify the developer to resell the house after receiving the deposit. The procedure is to ask the developer to make a formal resale contract approved by the developer. In the process of renaming this contract, some developers operate it for free, some need a fixed amount, such as 50,000 baht, and some accept it according to the selling price 1% or 2%. Then make an appointment with the developer, the buyer and the seller go to the developer's office, the buyer gives the seller money, the seller signs the resale contract under the witness of the developer, the buyer signs it again, the contract becomes effective, and the house is held by the new buyer (some projects need the signature of the developer's leader to become effective).

3) Installment payment or final payment or direct house collection.

At this point, the house has nothing to do with the original owner, and subsequent transactions are between you and the developer. If the money paid to the original owner only covers the contract amount, then the developer needs to pay in installments and the final payment according to the original contract. If the money paid to the original owner has covered the full amount of the house, then wait for the transfer authorization and prepare to close the house.