When purchasing an apartment in Bangkok, the hidden costs primarily include property transfer taxes, notary fees, and condominium fees. It's crucial to understand these to accurately assess your budget.
What Hidden Costs Should You Expect?
Buying an apartment in Bangkok may seem financially appealing, but it's essential to consider several hidden costs to avoid surprises.
Property Transfer Taxes
The property transfer tax in Thailand is generally 2% of the declared value of the property or its market value, whichever is higher. This cost is often shared between the buyer and the seller.
Notary Fees
While notaries are not mandatory in Thailand, some buyers choose to hire them to secure the transaction. Fees can vary, but expect to pay around 1% to 2% of the sale price.
Condominium Fees
Condominium fees cover the maintenance of common areas and vary based on the size of the building and the services provided. Expect to pay between 20 and 50 THB per square meter per month.
💡 Good to Know
It's wise to budget for potential renovations and property management fees if you plan to rent out your apartment.
For more information on real estate purchases, check out our article Buying Real Estate in Thailand 2026.
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