Transfer and Mortgage Fees Reduced to 0.01% for Property Purchases in Phuket

🏡 Transfer and Mortgage Fees Reduced to 0.01% for Property Purchases in Phuket

The Thai government has announced a major real estate stimulus measure — a reduction of transfer and mortgage registration fees to just 0.01% for Thai citizens purchasing properties valued up to 7 million baht.
This policy is expected to significantly ease transaction costs and encourage home ownership and investment in key areas like Phuket.

The measure will be effective from April 22, 2025 to June 30, 2026 and applies to both houses and condominium units nationwide.

📋 Key Conditions

  • Eligible Buyers: Thai nationals (individuals only)
  • Property Types: Detached houses, twin houses, townhouses, commercial buildings, land with structures, and condominiums
  • Property Value: Purchase price and appraised value must not exceed 7 million baht
  • Mortgage Limit: Up to 7 million baht per contract
  • Registration Condition: The ownership transfer and mortgage registration must be completed at the same time
  • Effective Period: 22 April 2025 – 30 June 2026

💰 Reduced Fees

Type of FeePrevious RateNew Rate
Transfer Fee 2% 0.01%
Mortgage Registration Fee 1% 0.01% (when transferred and mortgaged together)

🌅 Why This Matters for Phuket

This measure is a golden opportunity for those planning to buy a home or invest in Phuket’s property market.
Buyers can save tens or even hundreds of thousands of baht in transaction costs, making this period ideal for both end-users and investors.

High-potential locations such as Patong, Kata, Karon, Chalong, Rawai, Bang Tao, and Cherng Talay continue to attract local and international buyers seeking lifestyle and investment properties.

🏠 Summary

  • ✅ Transfer & mortgage fees reduced to 0.01%
  • ✅ Valid until June 30, 2026
  • ✅ Applies to Thai citizens only
  • ✅ Property value & mortgage not exceeding 7 million THB

📍 DeSmile Property 
Your trusted real estate partner in Phuket — offering professional advice for buying, selling, renting, and investing in island properties.
We also assist clients with documentation and ownership transfers under the latest government measures.

📞 Contact us: This email address is being protected from spambots. You need JavaScript enabled to view it.
🌐 Website: https://smile-property.com

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