Noble Gable Watcharapol Phase 2

Highlights

Floor Plan

• Floorplan

FAQs

• Can foreigners own a house in Thailand?

  Yes, foreigners are eligible to purchase a house in Thailand, either own 90 years (renew every 30 years for 2 times) of leasehold under the name of an individual, or freehold under the name of a company.

• What is the procedure of purchasing properties in Thailand? Are lawyers needed?

  The procedures of purchasing a condominium in Thailand are very simple. Buyers are requested to provide a valid passport and relevant personal data. Buyers will be assisted by the developers’ staff in the entire buy process, including the signing of a SPA (Sales and Purchase Agreement) for a freehold property or a lease agreement for a leasehold property.
  
  The purchase of a condominium in Thailand does not require a lawyer’s help. However, if the buyer needs a lawyer to assist in handling related matters, then all the corresponding costs will be borne by the buyer directly as additional payments.

• What are the taxes involved in a house buying process in Thailand?

  Under the name of an individual: 90 years of leasehold
  
  
  - Lease Registration Fee
  
  
  First-time Lease Registration Fee: 1% of the property price, buyers and sellers are responsible for 0.5%
  
  
  Lease Administrative Charge: 0.5% of the property price, buyers and sellers are responsible for 0.25%
  
  
  Lease Stamp Duty: 0.01% of the property price
  
  
  - Lease Renewal Registration Fee
  
  
  First Renewal (the 31st year): Renewal fee - 2% of the property price, Registration fee - 0.51% of the Renewal fee
  
  
  Second Renewal (the 61st year): Renewal fee - 1% of the property price, Registration fee - 0.51% of the Renewal fee
  
  
  Property Insurance: 1.5% of the property price (For the first 30 years only, will be quoted according to the market price onwards.）
  
  
  - Under the name of a company: Freehold
  
  
  Transfer Fee: 2% of the property price (sellers and buyers will be responsible for 50% of the total charge respectively)
  
  
  Property Insurance: 1.5% of the property price (For the first 30 years only, will be quoted according to the market price onwards.）

• What after-sales services does your company provide?

  Our company’s property letting management company – SERVE is responsible for a series of after-sales services, including tenant selection, rental management, property resale and home furnishings.

• What is the estimated material date of this project? Are there any charges when the property is handed over to buyers?

  Noble Gable is expected to be completed in the beginning of 2022.
  In addition to the final payment, the following fees must be paid when the property is handed over, including:
  
  。Property management fee (prepayment of the fees of the first three years, will be charged once annually) THB35/sq.wah/ month
  
  。Maintenance Fee (one-off payment) THB50,000/building

• What is the payment process?

  The payment process of Noble Gable
  
  1. Under the name of an individual: 90 years of leasehold
  
  。Deposit: TBH100,000
  
  。The first payment should be settled within 7 days after the deposit has been made, 15% must be paid, the reservation agreement and lease agreement must be signed. Another 15% must be paid within 30 days after the signing the contract, which makes a total of 30%.
  
  。Final payment: 70% of the total payment when the property is handed over. The lease agreement will be registered by the developer at The Land Registry.
  
  
  
  2. Under the name of a company: Freehold
  
  。Deposit: TBH100,000
  
  。The first payment should be settled within 7 days after the deposit has been made, 15% must be paid, the reservation agreement and SPA must be signed. Another 15% must be paid within 30 days after the signing the contract, which makes a total of 30%.
  
  。Final payment: 70% of the total payment should be settled within 60 days. The transaction will be registered by the developer at The Land Registry.
  

• Are parking spaces provided? Will I be charged for using public amenities?

  Two parking spaces are provided by each house at Noble Gable. The management fee includes the fee of using public amenities, such as swimming pool and gymnasium; residents are able to enjoy these amenities for free.