What are the transfer costs when buying resale property in Phuket?

Budget around 2.5–6.3% of appraised value in government costs, split across a 2% transfer fee, either specific business tax (3.3%, if the seller owned under five years) or 0.5% stamp duty, and seller withholding tax. The transfer fee is customarily shared between buyer and seller, but custom is not law; the split belongs in the contract, in writing.

Does Thailand’s 0.01% transfer-fee scheme apply to foreign buyers?

No. The reduction (extended through 30 June 2027) applies only to individual buyers of Thai nationality, on properties where the price, appraised value and any mortgage each stay within ฿7 million. Foreign purchasers pay the standard 2% transfer fee. It can still matter in mixed Thai-foreign purchases, which is worth raising with your lawyer.

What due diligence does a resale purchase need?

A title search confirming the seller can actually transfer; for condos, a debt-free letter from the juristic person (unpaid fees follow the unit, and the Land Office generally refuses transfer without it) plus written foreign-quota confirmation; a check on utilities and outstanding charges; and a physical inspection. For foreign freehold, your funds still need to arrive from abroad with FET documentation.

Is buying resale different from buying off-plan for foreigners?

The ownership rules are identical: the same 49% condo quota, the same FET remittance requirement, the same villa lease structures. What changes is what you inherit. A resale comes with the building’s real history (management quality, fee levels, quota position, build condition), all inspectable before you commit. Off-plan trades that certainty for staged payments and new-build specification.

Why is the appraised value different from my purchase price?

The Land Office calculates taxes and fees on the official government-appraised value (or, for some items, the higher of appraised and declared sale price) and the two rarely match. That is why cost estimates quote ranges: the exact bill depends on the appraised figure, the seller’s holding period and how your contract splits the fees.

Resale Properties in Phuket — 26 Available

26 live resale properties from ฿19.8M to ฿88M

Resale means buying a finished property, no construction wait, no artist’s impressions, and the one advantage off-plan can never offer: you inspect exactly what you are buying, in a building or estate with a visible track record. Phuket’s resale strength is villa-led, concentrated in Thalang’s established estates around Cherng Talay, Sri Sunthon and Thep Krasattri, where communities have matured over one to two decades.