Summary
- A developer payment plan is an instalment schedule during construction, with no bank involved. In our catalog projects it is interest-free.
- Typical structure: reservation, 25–30% at contract, part during construction, balance at completion.
- Thai bank mortgages are practically unavailable to foreign buyers, so developer plans are the main way to spread payments.
- For Foreign Freehold every instalment must arrive from abroad in foreign currency, with an FET form.
How a developer payment plan works
Reservation
Secures the unit and price: 50,000–200,000 THB depending on the project and unit.
Down payment
Usually 25–30% at SPA signing or within 30 days of it.
Construction instalments
Equal monthly payments or payments tied to construction stages, with no interest.
Balance at handover
Paid at completion together with the sinking fund and advance maintenance fee, when the Land Department registers the transfer and issues your Chanote.
Payment schedules by project
| Project | Reservation | Schedule |
|---|---|---|
| Embassy World | 50,000 THB | 27% at contract, 48% interest-free by construction stage, 25% at handover |
| Sea Spire (foreign quota) | 100,000 THB | 25% within 30 days of contract, 25% at 0% over 36 months, 50% at transfer |
| Elegance Residence (freehold) | 100,000 THB (1-bed) / 200,000 THB (2-bed) | 30% at contract, 40% during construction, 30% at transfer |
| Sea Sky | depends on unit | interest-free instalments during construction, balance at transfer |
| Copacabana Coral Reef | on request | flexible plans, including keys before full payment |
| Love It, Soondri Wongamat | on request | schedule sent with the price list |
Terms change; we confirm the current schedule with the developer before you reserve.
Worked example: Embassy World studio
Studio of 25–26 sq.m at 2,690,000 THB, completion 2031:
| Payment | Amount |
|---|---|
| Reservation | 50,000 THB |
| 27% at contract | 726,300 THB |
| 48% during construction, interest-free | 1,291,200 THB |
| 25% at handover | 672,500 THB |
How the reservation is credited against the first instalment is set in the reservation agreement.
What to check in the contract
- Payment schedule: fixed dates or construction stages.
- Completion date and what happens if it is delayed.
- Penalties for late payment by the buyer.
- Who pays the transfer fees and in what share.
- Quota (freehold or Thai quota) and the exact unit number.
FAQ
Is there interest on developer payment plans?
In the projects in our catalog the construction-period plans are interest-free, so you pay the list price.
Can foreigners get a mortgage in Thailand?
Bank mortgages for foreigners are practically unavailable, which is why developer instalments are the usual way to spread payments.
What if I want to pay in full?
Some developers offer a discount for full or early payment; we check the current offer for your project.
We will send the exact payment schedule for the unit you like.
Get a scheduleUpdated: November 2026. Payment terms are set by developers and may change.