10 Things to Check Before Buying a Resale Condo in Thailand

Resale condos offer great value — lower prices, established locations, and what-you-see-is-what-you-get. But they come with risks. Here's your essential 10-point checklist.

1. Check the Juristic Person (Management)

Is there active, professional management?
Review the financial statements — how healthy are the reserves?
Any ongoing legal disputes?

2. Verify Outstanding Common Area Fees

Get a debt-free certificate from the juristic person. Outstanding fees may become your responsibility.

3. Check Foreign Ownership Quota

If foreign ownership exceeds 49%, resale value could be affected since no more foreign buyers can purchase.

4. Inspect the Room Thoroughly

Walls and ceiling: cracks, water stains, mold
Doors and windows: proper sealing and operation
Plumbing: test all taps, check water pressure and drainage
Electrical: test every outlet and switch
Air conditioning: age and cooling performance

5. Check Building Age

5-10 years: Starting to need maintenance
10-20 years: May need elevator/plumbing replacement (expensive)
20+ years: Require thorough structural inspection

6. Verify Parking

Check if parking is assigned or first-come-first-served. Older buildings often have limited spaces.

7. Evaluate the Location

Walking distance to BTS/MRT?
Nearby amenities: convenience stores, restaurants, hospitals
Noise levels — visit day and night
Flood history — ask local residents

8. Verify Ownership and Encumbrances

Check the title deed at the Land Department for mortgages, liens, or legal disputes.

9. Compare Market Prices

Don't overpay — compare with other units in the same building and new projects in the area.

10. Ask About the Previous Owner

Why are they selling? Was it owner-occupied or rented? How long have they owned it?

Need help inspecting a resale condo? Our team can help — free consultation.