Looking to buy a condo here owned by another foreigner.

Any experts here on whether I need an FET here to complete this as price sub 50k usd.

In theory I guess I can transfer cash and also ownership at land office without FET but letter from bkk bank ? Doubt this is possible tho. Reason for asking is I already have the cash here but didn’t stipulate was for a condo purchase.

Additionally WISE reason for fund transfer states property purchase , it doesn’t have ability to add condo name unit etc so looks like a no go using that method. Plus the fact funds remitted would be in THB and not subject to fx onshore by bkk bank whereby they can take another 1 baht off my remitted amount versus WISE trading at spot fx

Thx for any input 👍

Question for those who bought a condo:

Will Kasikorn/Bangkok Bank issue the FET (Foreign Exchange Transaction Form, proof for the LandOffice that the purchase price for the condo was sent from abroad in foreign currency) on the spot when you visit the branch or does the issuance of the document take time?

Thank you