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Thailand extended its 0.01% property transfer and mortgage fee cut to June 2027. See who qualifies, what foreigners really pay when buying a condo, and what it means for the market.
If you're researching Thailand property transfer fees in 2026, here's the headline: the government has extended its deep cut on transfer and mortgage registration fees — from 2% and 1% down to just 0.01% — until 30 June 2027, for homes priced up to THB 7 million. The catch for international readers: the discount applies only to Thai nationals. This guide explains exactly what changed, what foreigners still pay, and why the measure still matters if you're buying in Thailand.
At the end of June 2026, the Thai Cabinet approved a one-year extension of the property fee reduction, effective from 1 July 2026 to 30 June 2027. Under the measure:
Ownership transfer fee: cut from the normal 2% of the official appraised value to 0.01%
Mortgage registration fee: cut from the normal 1% of the loan amount to 0.01%
It covers detached houses, semi-detached houses, townhouses, commercial buildings, land with such buildings, and registered condominium units — both new and resale — where the sale price, official appraisal, and mortgage amount each do not exceed THB 7 million per contract. On a THB 7 million purchase with a full mortgage, that's a saving of roughly THB 208,600.
The eligibility rules are strict: the buyer must be an individual of Thai nationality. Companies and foreign nationals do not qualify, and in practice much of the foreign-focused market in Bangkok, Phuket, or Pattaya sits above the THB 7 million cap anyway.
That said, the measure can still touch foreign buyers indirectly:
If you're buying with a Thai spouse or partner and the property is registered in their name (a common structure for houses, since foreigners generally cannot own land), the purchase can qualify — get proper legal advice on how ownership and funds are documented.
A stimulated mid-market can affect pricing and inventory in mixed developments where foreigners buy the freehold condo quota.
For a foreign buyer purchasing a freehold condo (the most common route, allowed up to 49% of a building's saleable area), typical closing costs at the Land Office remain:
Transfer fee: 2% of the appraised value — often split 50/50 with the seller by negotiation
Specific Business Tax: 3.3% (if the seller has held the unit under 5 years) or stamp duty 0.5% — usually the seller's burden
Withholding tax — calculated on the seller's side
These standard rates are unchanged by the 2026 measure, so budget for them as before. Always confirm in the sale agreement who pays which fee — allocation is negotiable in Thailand.
Fact vs. outlook, kept separate: the fact is the government extended the incentive for a second year to support a slow domestic market. The outlook — Thailand's Finance Ministry projects the measure could support around THB 540 billion in annual property transactions and add about 1.06% to GDP; these are government estimates, not results. For buyers, a policy-supported mid-market period tends to mean motivated sellers and better negotiating room, particularly in resale stock.
Can foreigners get the 0.01% transfer fee in Thailand? No. The reduced rate applies only to individual buyers of Thai nationality.
How long is the reduced fee valid? Until 30 June 2027. Transfer and mortgage registration must be completed by that date.
Does it apply to resale (second-hand) homes? Yes — both new and resale properties qualify, up to THB 7 million.
What's the maximum saving? About THB 208,600 on a THB 7 million home with a full mortgage (2% + 1% down to 0.01% + 0.01%).
Thailand's transfer fee cut is a Thai-buyer incentive, but it shapes the whole market you're buying into. Whether you're an expat hunting a freehold condo or buying with a Thai partner, compare real listings and prices on Prop Adopt — for example, browse condos in Bangkok or properties under THB 7 million — and follow Prop Adopt for data you can actually decide with.
This article is general information, not legal or financial advice. For a high-value purchase, verify current regulations with the Land Department or a qualified lawyer.
