Understand why the official assessed value, agreed price and closing statement are different numbers before funding a Phuket transfer.
Reconcile three numbers before transfer
A Phuket buyer may see an asking price, a negotiated contract price and an official assessed value used in parts of the transfer calculation. They are not interchangeable and none alone proves market value. Ask the lawyer for a written closing estimate that names the calculation base, payer and supporting document for every line.
Match the signed price and payment schedule to bank/FET evidence, receipts and the transfer-day statement. Independently test the deal against completed or credible comparables; a low assessed value is not proof of a bargain. Model a buffer for items that depend on owner status, holding period or Land Office treatment.
Use the transfer-day checklist, valuation guide, FET guide and buyer service.
Next step
Fact check
Assessed values, tax and fee rules, calculation bases, exchange rates and Land Office practice can change and are transaction-specific. Obtain a current written calculation from independent Thai advisers.
Choosing an area to live in Phuket?
Start with the location and buying goal. Compare handover dates, ownership options and payment terms; confirm the current price and availability for the selected unit.