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?

Newbie Asked on 17 December 2015 in Phuket.
Add Comment
1 Answer(s)
Best answer

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%

Newbie Answered on 7 January 2016.
Add Comment

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.