# Renting Out Your Condo in Bangkok: An Owner's Checklist

Before renting out a condo, an owner should price it against similar available units nearby, furnish it fully (about 95% of the rentals on DooAsset are fully furnished), take good photos, use a clear lease with an inventory, file the TM30 if the tenant is a foreigner, and declare the rental income for tax, where a flat 30% expense deduction is allowed.

## 1. Price against units that are really available

Median rents on DooAsset as of 4 Oct 2026 (condos and apartments, all areas):

| Unit | Available units | Median rent | Median size |
|---|---|---|---|
| 1 bedroom | 381 | ฿23,000 | 35 sqm |
| 2 bedrooms | 193 | ฿50,000 | 72 sqm |
| 3 bedrooms | 39 | ฿100,000 | 188 sqm |

Rents vary a lot by area. Open your building's page on DooAsset to see the median rent and the available units in the same building, or the page of the nearest station. Units priced above similar ones in the same building usually stay empty longer.

## 2. Prepare the unit

- **Furnish it fully.** 639 of the 672 rentals on DooAsset (about 95%) are furnished; most tenants expect a bed, wardrobe, sofa, fridge, washing machine and microwave.
- **Clean the air conditioners, clean the unit and fix small things** before the photos.
- **Take photos on a sunny day**, of every room plus the view and the common areas.

## 3. Documents and the lease

- A lease that states the rent, deposit, repairs and termination clearly: see [Condo Lease Agreement in Thailand: What to Check](https://dooasset.com/en/articles/condo-lease-agreement-thailand-what-to-check/).
- An inventory with photos attached to the lease.
- Stamp duty on the lease: 1 baht for every 1,000 baht of the total rent over the term, payable by the landlord.
- Tell the condominium juristic person about the new tenant as the building rules require.

## 4. If the tenant is a foreigner

The owner or landlord must report the foreigner's residence (TM30) within 24 hours under section 38 of the Immigration Act B.E. 2522 (1979), and give the tenant a copy of the receipt. See the tenant's side in [Renting a Condo in Bangkok as a Foreigner](https://dooasset.com/en/articles/renting-condo-bangkok-as-foreigner-documents-tm30/).

## 5. Tax

- **Personal income tax**: rent is income under section 40(5) of the Revenue Code; you can deduct actual expenses or a flat 30% for renting out a building.
- **If the tenant is a company**, it withholds 5% tax from the rent and gives you a certificate to credit when you file.
- **Land and building tax**: a rented-out unit is taxed at the residential rate, starting at 0.02% of the appraised value.

## 6. What return to expect

Across units on DooAsset offered both for rent and for sale, a year of rent is about 5.35% of the asking price before costs. See [Rent or Buy a Condo in Bangkok?](https://dooasset.com/en/articles/rent-or-buy-condo-bangkok-real-prices/)

## List your unit with DooAsset

Send the details through the [List your property page](https://dooasset.com/en/list-your-property/) or message LINE @dooasset; the team will get back to you to discuss the details.

> This article is general information, not tax or legal advice. Tax rates can change; check with the Revenue Department or a professional.

## Key facts

- Published: 4 Oct 2026
- Author: the DooAsset team
- Topic: Landlords and investing
- Reading time: 2 min

## Frequently asked questions

### What taxes apply when I rent out my condo in Thailand?

Personal income tax on the rent (section 40(5), with a flat 30% expense deduction), stamp duty on the lease, and land and building tax at the residential rate. A company tenant withholds 5% tax from the rent.

### How much rent can a one-bedroom condo get?

As of 4 Oct 2026 the median rent of one-bedroom units on DooAsset is 23,000 baht for a median 35 sqm, but it varies a lot by area; compare with available units in your building.

### What should an owner know about tax when the tenant is a company?

The company withholds 5% of the rent as tax and gives the owner a withholding certificate to use as a credit when filing income tax.

## Links

- [This article](https://dooasset.com/en/articles/renting-out-your-condo-bangkok-owner-checklist/)
- [Bangkok has 65,300 unsold condos, 25,700 of them ready to transfer](https://dooasset.com/en/articles/bangkok-condo-unsold-stock-q3-2026/)
- [Refinancing a home loan in Thailand 2026: when, cost, is it worth it](https://dooasset.com/en/articles/refinance-home-loan-thailand-2026/)
- [Orange Line free rides Dec 2027, fares Jan 2028; Purple South 2030](https://dooasset.com/en/articles/mrt-orange-purple-south-timeline-2026/)
- [All articles](https://dooasset.com/en/articles/)

Updated: 15 Oct 2026

## AI agents

- MCP server (Streamable HTTP, JSON-RPC 2.0, no login): https://dooasset.com/mcp — tools: search_listings, get_listing, compare_listings, get_project, market_prices, move_in_cost, contact_options, request_viewing. All tools are read-only except request_viewing, which needs the user's explicit confirmation. Results in 10 languages (argument lang: en, th, zh, ja, ko, ru, de, fr, my, es; links go to that language's pages).
- WebMCP: pages of dooasset.com expose tools to an agent in the visitor's browser — forms (search_properties, request_viewing, contact_dooasset, list_property) and, where the browser supports WebMCP, the read-only MCP tools, answering in the language of the page.
- Markdown: a page answers `Accept: text/markdown` with its Markdown version (also at `{page URL}index.html.md`).
- Guide for agents: https://dooasset.com/agents.md · server card: https://dooasset.com/.well-known/mcp.json