Off plan condominium purchase in Thailand means buying a condo in a planning stage or a condominium not yet fully constructed. The standard payment schedule found in an off-the-plan sale and purchase agreement of a condominium in Thailand is: 1. a reservation agreement with a reservation fee of 100,000 baht (approx 3300 USD) 2. a deposit of 10 to 20% of the purchase price on the execution of the condominium sale and purchase agreement 3. periodical installments during the construction of the condominium with a final installment of 1/12th to 1/20th of the purchase price upon transfer of ownership of
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