Thai Banks Won't Lend to Most Foreigners. This Developer Will.

If you have ever tried to get a mortgage in Thailand as a foreigner, you already know the answer: usually no. You need a work permit, local income, a long paperwork trail, and even then many applications are turned down. (We explain why in Can Foreigners Get Financing or a Mortgage in Thailand?)

That is why so many people who dream of owning in Koh Samui never start. They assume they need the full price in cash.

No bank. No waiting.

Wing Samui Condo has taken the bank out of the deal. Through a limited-time developer financing promotion, you can:

Finance up to 80% of the price directly with the developer
Get instant approval, with no Thai work permit or Thai payslips needed
Lock in a fixed rate of 4%, 3% or 0%, with no floating bank rates
Get your keys within 20 days of your down payment
Pay ahead at any time, with early payments going straight to the unpaid principal

No hidden fees. Interest is simple and charged only on the financed balance.

The three plans

Plan 1: Start with just 20%. 20% down, 80% financed over 60 months at 4% a year.
Plan 2: Pay less interest. 30% down, 70% financed over 60 months at 3% a year.
Plan 3: 0% interest. 30% down, 70% financed over 36 months with no interest at all.

On a THB 3,200,000 unit, Plan 1 means THB 640,000 down, then about THB 51,200 a month for 60 months.

Bank mortgage vs developer financing

Approval: weeks or months at a bank, often refused for non-residents. Instant with the developer.
Rate: usually floating at a bank. Fixed from day one with the developer.
Paperwork: work permit and Thai income at a bank. Not required with the developer.
Keys: after the loan is approved and the sale completes. Within 20 days of your down payment with the developer.

Good to know

Installments start on the 1st of the month after handover. Ownership is registered in your name once the full balance is settled. You may resell during the plan, and the new buyer continues the installments. Full terms are on the promotion page and in your contract, and we recommend having the contract reviewed by an independent Thai lawyer.

Limited time only

This promotion is available for a limited time and a limited number of units. Run your own numbers in the calculator on the promotion page, or talk to our team today.

All figures are illustrative and subject to the signed sale and purchase agreement. Terms and conditions apply.