Off-plan pricing gets the attention, but the payment schedule is what actually shapes an off-plan deal: it decides how your money is spread over the construction period and what protects it along the way. In The Liberty the schedule is 30/30/15/15/10, interest-free, and every payment is tied to a construction milestone rather than a calendar date. Here is how it works in practice.
The schedule: 30 / 30 / 15 / 15 / 10
It starts with a reservation: a deposit takes your unit off the market and freezes its price. Within 30 days of the reservation you sign the purchase contract and pay 30% of the price, minus the deposit already paid. The remaining payments follow the site, not the calendar: 30% when the superstructure is completed, 15% when the architecture is completed, 15% when the furniture is in, and the final 10% on the day ownership is transferred to you.
Why milestones beat dates
A schedule tied to construction stages is the buyer’s main risk control in an off-plan purchase: each payment lands only after something physical and verifiable has been built. You are never far ahead of the actual state of the site — and by the time the largest share of the money has been paid, the building already stands. We walk through the whole purchase path, from reservation to registration, in buying off-plan in Phuket step by step.
Freehold or leasehold at the finish line
The last 10% is paid at the Land Office, and this is where the ownership form you chose matters. Foreign buyers can register freehold within the 49% foreign quota — in The Liberty the quota costs an extra 10,000 THB per m² — or take a 30-year renewable leasehold. The transfer fee differs accordingly: 1.1% of the price for leasehold, 3.3% for freehold, paid by the buyer directly to the Phuket Land Office. The taxes connected with registration — stamp duty, business tax, withholding tax — are paid by the developer. How to choose between the two forms is a separate question — we compare them in freehold or leasehold in Phuket.
What else to budget at handover
Beyond the price itself, plan for the standard ownership costs, all payable before the transfer date: a management fee of 80 THB per m² per month, collected one year in advance; a one-time sinking fund contribution of 1,000 THB per m²; and utility connections — 10,000 THB for electricity and 10,000 THB for water. After that, utilities are metered: 7 THB per unit of electricity, 50 THB per m³ of water.
The full schedule and cost table live on the payment plan page. Or request the presentation — we will send the current price list and a personal payment calculation for the layout you are considering.