Is Buying A Condo A Good Purchase?

Want to buy an investment apartment to rent out? Here's what you ...

When it comes to investing in real estate, it is only natural that buyers have many questions. They often deliberate on what to buy, where to buy, and how much to pay for it. For those who decide to buy condos, there are a few more things to consider:

The Association

One of the advantages of a condominium is that individual owners do not have to handle maintenance and repairs abroad. For example, there is regularly a management association that is responsible for making sure the condo floor is kept in good condition. If there is snow to shovel and grass to cut, the association regularly takes care of it.


Some people consider a Condo near Khlong San(คอนโดคลองสาน, which is the term in Thai) to be good purchases because they offer benefits that a person might not be able to purchase on their own. For example, if you buy a condo, you may be able to use a swimming pool, recreation center, tennis or basketball court, and multiple event rooms as part of the deal. On the other hand, however, you may not have as much privacy as if you had another type of property.


Owning a condominium, some of the advantages can also be marked as a disadvantage. For example, although the owner of a unit is not responsible for maintenance and repairs abroad, he does have to pay for it. This is because they regularly pay the condo association fees, which covers the cost of such maintenance and repairs. Also, you will be responsible for special fees, which are sometimes charged to each unit owner.


Location can have a lot to do with whether a condo is a good buy or not. Many condos are built in urban areas, making it possible for people to get to their jobs easily. Others are built in suburban areas within proximity to roads and public transportation. It is a good idea to consider the surrounding area and whether the condo property is likely to increase or decrease in value based on expectations for the area in which it was built.

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