Phuket Condo Financial Health

A low common-area fee is not automatically efficient. It may reflect limited facilities, or it may postpone repairs. Buyers should assess the condominium juristic person's income, arrears, reserves and planned capital work together.

Documents to request

• Recent audited accounts, approved budget and current fee schedule.
• Sinking-fund balance and rules for using or replenishing it.
• Owner arrears, collection policy and major unpaid contracts.
• AGM minutes covering lifts, roofs, façades, pools, drainage and insurance.
• Planned special assessments and supplier litigation.
• Confirmation that the seller can obtain the debt-clearance certificate needed for transfer.

Compare the common-fee guide, juristic documents, insurance guide and buy support.

CTA

Ask Phuket Stay Pro to turn the condo accounts into a practical ownership-risk checklist.

Fact-check flags

Accounts, arrears, reserves, assessments, insurance and transfer documents are building- and date-specific. Obtain current records and independent legal or accounting advice.