Land Transfer

[Beardog]

Hi,

I just found a land deal that is decent in Bang sarae that is 700,000 baht for 345 sq. wah & was wondering what the transfer of title & taxes will be on the land?

I heard it was 11% but I am not sure if this is the correct percentage?

Thanks for any input!

Beardog

[bram]

best is to call the landoffice that will make the tranfer

I asked them about it in bangkok and they told me 7750 thb X totaal sq/m of the land this amount X 3.50 %

but it is up to how long the owner owns the land also.

Hi,

I just found a land deal that is decent in Bang sarae that is 700,000 baht for 345 sq. wah & was wondering what the transfer of title & taxes will be on the land?

I heard it was 11% but I am not sure if this is the correct percentage?

Thanks for any input!

Beardog

Edited April 3, 2007 by bram

[Monkeypants]

but it is up to how long the owner owns the land also

Also if the seller has already sold other land in the same year, this attracts a slightly higher tax.

[Beardog]

but it is up to how long the owner owns the land also

Also if the seller has already sold other land in the same year, this attracts a slightly higher tax.

The man Alisa talked with(owner) Has not sold any property . he picked up 2 parcels One with Chinote 3nan 45 sq.wah. & the other 3 rai not to be subdivided. He says the full transfer is 20,000 baht & he will pay half.

Does this sound right? he picked up the property at the bank he works at . a forclosure to make a profit I am sure. He was begging my girl to not make him discount. I think I might have to wait a bit & see if he breaks!

Beardog