What is the process for reserving property from a developer in Thailand?

After selecting a property, you may submit a reservation application, usually including basic information such as your contact details and property preferences.

Reservation deposit: Most developers require a deposit ranging from approximately 270 EUR to 2,700 EUR. The deposit amount may vary depending on the developer and the property’s value. This payment serves as security for the developer that you are serious about purchasing the property.

Reservation agreement: After paying the deposit, the developer prepares a reservation agreement detailing the property, reservation conditions, and deposit refund terms in case of cancellation. Be sure to read and understand the terms before signing.