Owner finance allows a buyer to purchase a property by making agreed payments directly to the seller over a fixed period rather than obtaining a traditional bank mortgage. These frequently asked questions explain how owner-finance agreements commonly work in Pattaya, the responsibilities of both buyer and seller, and why every agreement should be independently documented and reviewed before any money changes hands.
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Transferring purchase funds correctly is an important part of buying property in Thailand, particularly when a foreign buyer intends to register a condominium under foreign freehold ownership. These frequently asked questions explain overseas transfers, payment references, foreign-currency evidence, multiple payments, third-party transfers, exchange rates, bank documentation and the records buyers should retain.
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Use the XE currency converter to estimate the Thai Baht value of your preferred currency. The displayed mid-market rate is useful for comparison and budgeting, but the final exchange rate and amount received may differ according to the bank, transfer provider, transaction size, charges and time of conversion.
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Thailand uses its own system for measuring land, with plots typically advertised in Rai, Ngan and Talang Wah rather than square metres or acres. This guide explains how Thailand's land measurements work, provides quick conversion tables, and shows how to calculate the true size of a plot when reading property listings.
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Buying or selling property in Thailand can involve several taxes, government fees and transaction expenses. These frequently asked questions explain the ownership-transfer fee, Specific Business Tax, stamp duty, withholding tax, official appraised value, how costs may be divided and why every transaction requires an individual calculation.
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