Apr
23

What expenses I will have after purchasing a property in Thailand?

After purchasing a property in Thailand (and get a Title Deed/Chanote), if the project is just completed there is Sinking Fund, Maintenance Fee, installation of water and electricity meters, and communal payments (water, electric, etc.). If the property is built already there is only Maintenance Fee and communal fees.

As for the house, there are maintenance fees, communal fees, pest control, gardener services, cleaning of the swimming pool (if you get a private pool), and if the house is registered under company name the annual balance sheet for the company have to be paid as well.