WeChat ID :
Here are the key measures to boost the real estate market in 2024:
1️⃣ Transfer and mortgage fees reduced from 2% and 1% to just 0.01%!
For properties up to 7 million THB, both first-hand and second-hand. For example, on a 5-million THB home, the transfer fee goes from 100,000 THB to just 500 THB! The mortgage fee drops from 45,000 THB to only 450 THB! Act before December 31, 2024, to take advantage. The government estimates this will boost GDP by 1.58%.
2️⃣ Income tax deductions for building on your own land:
Deduct up to 100,000 THB from personal income tax for home construction contracts made by Dec 31, 2025.
3️⃣ Fixed interest rate of 3% for low-income earners buying homes up to 1.5 million THB:
Special financing schemes and tax breaks for projects under 1.5 million THB are also available.
📥 Interested? Contact the Life Property team today!
✅ Line: @lifeproperty
✅ www.lifepropertyasia.com
#GovernmentPolicy #LuxuryCondo #CondoInvestment #BangkokCondo #ThaiRealEstate #2024RealEstatePolicy #PropertyInvestment