How much is a down-payment on a villa in Phuket?
Looking at villas for sale in Phuket. Just wondering, what’s a typical down-payment to secure the investment? Like 5-10% or something?
Usually you have to pay a reservation deposit first (about 100.000 THB or 1-2% of total amount) and then within 30 days after the reservation, you have to start with the down payments.
That is an example of a Payment Structure:
1st Payment Reservation Deposit 2%
2nd Payment Sign contract within 30 days 23%
3rd Payment Finish foundation post 15%
4th Payment Finish concrete structure 20%
5th Payment Finish walls and roof tiles 15%
6th Payment Finish floor finishing and interior 15%
7th Payment Villa Transfer / Land Registration 10%
