Guide
First-Time Buyer Checklist: 10 Steps Before You Sign
The essential checklist every first-time Thai property buyer should complete before committing.
Buying your first property is exciting — and nerve-wracking. This 10-step checklist helps you avoid the most common first-time buyer mistakes.
The checklist
- 1. Set a realistic budget (include transfer fees: 2–3% of price)
- 2. Get mortgage pre-approval OR explore RTO options
- 3. Research the neighborhood (visit at different times of day)
- 4. Check the developer's track record and financial health
- 5. Inspect the actual unit — not just the show room
- 6. Review the contract with a lawyer (฿5K–15K well spent)
- 7. Verify the title deed type (Chanote is the strongest)
- 8. Check common area fees and sinking fund obligations
- 9. Understand the foreign ownership quota (if applicable)
- 10. Never sign under pressure — if the deal is real, it'll be there tomorrow