Property maintenance costs in Thailand
Maintenance costs on a flat in a resort complex amount to about $1,400 per year. The exact sum depends on the living space, amount of energy used and the length of time spent there.
Land tax in Thailand is several tens of baht per rai (1,600 sq m), which is usually collected once every several years when the amount becomes significant.
Tax on commercial or residential rentals is 12.5% of its assessed value. There is no tax on homes used as primary residences.
As of 01 February 2016, there is a 5% estate tax for those with assets worth THB 20 million ($570,000) or more and 10% for assets over THB 100 million ($2.9M).
Property owners pay
Maintenance costs for a flat in a resort complex cost about $1,400 per year including upkeep of the communal areas (about $600), utilities (about $300), insurance
Subscribe not to miss new articles
We will send you a content digest not more than once a week