Generate Income from Parking Lot Business — No More Worries About Land Tax
Today, land and building tax rates continue to rise every year, leaving your land vacant and unused has become a costly expense.
Some landowners try converting their empty land into agricultural use such as planting bananas or limes to reduce tax.
However, farming requires close supervision and constant maintenance, often leading to hidden costs and unnecessary complexity.
In contrast, turning your vacant land into a parking lot business can generate consistent income while increasing the long-term value of your property.
As an expert in the field, Nippon Parking Development (NPD) provides consultation and customized solutions for landowners who want to transform their land into a profitable parking operation.
Current Land Tax Rates
Land valued up to 50 million THB — 0.3% tax rate
Land valued 50–200 million THB — 0.4% tax rate
Land valued 200–1,000 million THB — 0.5% tax rate
Land valued 1,000–5,000 million THB — 0.6% tax rate
Land valued over 5,000 million THB — 0.7% tax rate
Moreover, the tax increases every 3 years by 0.3% per step, up to a maximum of 3%, if the land remains unused or vacant continuously.
How NPD Helps
NPD helps you turn this tax burden into opportunity by managing your land and operating a parking business without requiring any investment from you.
One key reason why many landowners choose Nippon Parking Development (NPD) is our flexibility and over 15 years of proven experience in parking management across Bangkok.
We understand that every property has unique potential and goals — which is why NPD provides personalized consultation and business design to match your objectives, including:
• Management period and investment duration
• Business model options
• Land development strategies to generate income and reduce tax obligations
In addition, NPD invests and manages your land comprehensively — from planning and installation to daily operations — with full transparency and professional reporting.
Project Example: Transforming Vacant Land into a Parking Lot (Krung Thonburi)
The NPD team conducted a site inspection, designed a suitable parking system, and managed operations under the Land Development and Revenue Sharing Model.
NPD invested in:
– Entrance and exit gate system
– CCTV installation
– Automated payment system
– Full on-site management and maintenance team
Results after 6 months:
– Immediate reduction in land tax due to active land use
– Reduced owner workload — no need for personal supervision
– Clean, secure, and efficiently utilized land
Before Land Development
After Land Development
Get a Free Site Assessment
The parking lot business is not just a short-term income opportunity — it’s a way to maximize the value of your property.
NPD is ready to help landowners of all sizes evaluate their land potential, design the right parking system, and manage operations from start to finish — helping you reduce land tax effectively while generating steady, long-term income.
Interested in turning your land into profit? Contact us at 084-329-7199.
