How to Sell Property in Thailand as a Foreigner: Process, Tax, and Documents (2025 Guide)

Everything you need to know to sell your condo or villa the right way

Whether you own a foreign freehold condo, a leasehold villa, or a property held under a company structure, selling real estate in Thailand as a foreigner is completely legal — but it does involve paperwork, taxes, and a few important steps you should prepare for in advance.

In this guide, I’ll walk you through the selling process, documents you’ll need, how much tax to expect, and what you can do to get the best price with minimal stress.

✅ Can Foreigners Legally Sell Property in Thailand?

Yes. Foreigners can legally sell:

• Foreign freehold condominiums

• Leasehold villas

• Properties held via Thai companies or offshore structures (such as BVI)

You can sell to both Thai and non-Thai buyers — but taxes, timelines, and procedures vary depending on ownership type and property structure.

🔁 Step-by-Step: How to Sell Your Property in Thailand

1. Hire a Trusted Real Estate Agent

Work with a licensed agent who understands:

• Your property’s ownership structure

• Local market pricing and demand

• How to screen buyers (especially foreign buyers needing financing or visa support)
  
  

🧠 Pro Tip: Agents typically charge 3%–5% commission for sales (negotiable depending on property value).

2. Prepare Key Documents

Before listing, gather the following:

For all property types:

• Copy of passport

• Title deed (Chanote for land, condo title for units)

• Sale and Purchase Agreement (if it’s a resale from a developer)

• House registration book (Tabien Baan) — if applicable

• Lease agreement or company documents — if the property is not freehold

For condos:

• Foreign freehold certificate

• Proof that unit is within the 49% foreign quota

• FET form or credit note (if you bought using foreign funds)
  
  

3. Set a Selling Price + Tax Strategy

Get a market valuation from your agent and confirm:

• What net amount you want to receive

• How taxes will be split between buyer and seller (typically negotiated)
  
  

4. Find a Buyer and Negotiate Terms

Once an offer is made:

• Sign a Reservation Agreement

• Buyer pays a deposit (usually 2%–5%)

• Move to full Sale and Purchase Agreement (SPA)
  
  

5. Transfer at the Land Office

Both parties (or their legal representatives) meet at the local Land Office to complete the transfer. Taxes are calculated, paid, and the title is updated.

🕒 Timeline: Most transfers are completed within 30–60 days of the signed agreement.