To buy the Sale and purchase contract with the developer


Due to the worldwide quarantine the purchase of the secondary real estate becomes complicated. To register a transaction in the land department need either the personal presence of the buyer and seller, which is not always possible at this time, or a power of attorney.

If the parties didn't visit Thailand for a long time, the power of attorney should be authorized at the consulate of Thailand or legalized in the Ministry of Foreign Affairs, which is now also difficult.

Buying a contract is the assignment of the rights of claims under the contract of sale and purchase an apartment in a condominium under construction or the assignment of the right of lease of an apartment - at the moment it's the easiest way to buy a property.

First, the contract can be concluded remotely, there is no need to come to Thailand, no need to meet with the seller.

Secondly, since it is a primary property, if it is still under construction, the inspection of the apartment is also not required. To check out the design project and brochures of the project is quite possible online.

Thirdly, the seller fulfill his obligations to sell the apartement when he provides the confirmation of the developer of changing the sale and purchase contract that confirms you as a new buyer. At this time, you can send money to the seller of the apartment under construction.

Why we are talking about buying a contract when you can buy an apartment directly from the developer? For several reasons:

  • The resale price of an apartment can be much more attractive. After all, it is possible to urgently sell the apartment under quarantine only if it is not completed.
  • The resale price can be more interesting than direct one from the developer, if the latter raises prices as the construction is nearing completion. And the first buyer sells the contract with the original price.
  • Apartments with a better planning and floor can already be sold out and a good apartment can only be obtained by reselling.

If we talking about a sale and purchase contract, which the seller assign to you with a discount together with a guarantee rental contract (eg with 10% per annum), as a result compare to the price you paid for the apartment, guaranteed rent can be much higher, for example, 12% or 15%.

Call us, we will tell you about all the benefits in the resale market of contracts +6687-348-57-03 (WhatsApp).