When you plan to buy a residential property, the obvious question that comes to your mind is whether you should invest in a house or a condominium. While there are many attractive benefits of buying a house, if you compare them with buying a condominium in Thailand or other countries, you would realize that the latter could be a smarter thing to do. Here are some of the top reasons that will make you think of buying a condominium as opposed to a house.
More economic residential property
A condominium in Thailand would cost you much less than what a house of similar dimensions would cost. Single family houses are costlier as these cover the cost of the land as well as the building. In the case of a condominium, as the cost of the land is divided between the total number of condos on the property, the overall cost of the condominium reduces to a great extent.
Added amenities at zero efforts for maintenance
Another huge benefit of living in a condominium in Thailand is that you would not be required to do any hard work or odd jobs to keep the property clean. Your holidays won’t be spoilt mowing the grass as all up-keep activities would be handled by the association of the condominium. All you will be required to do is pay the fee on a regular basis, and you can rest be assured that not only the maintenance activities, but minor repair and renovation works would also be done by the association only.
While living in a condo, you would have access to a number of amenities, which would have been otherwise difficult to access if you stayed in a single-family house. Pool, gymnasiums, tennis courts, libraries, gardens, etc. are some of the amenities that you can enjoy without taking any headache of their maintenance. The most attractive thing here is that you would get all these facilities within the boundaries of your condominium complex, and you would not be required to run here and there to avail these facilities.
Secure, cozy and comfortable stay guaranteed
As you live in a condominium, you would be getting around the clock security which would not have been possible if you stayed in a single-family house. You can go out on vacations without worrying about the safety of your home if you stay in a condominium. In addition to having password-protected entryways, most condominiums have surveillance cameras that record each and every individual who enters or leaves the property. Hence, if anything goes wrong at your home, catching the culprits would not be a very difficult task.
You get the feeling of living in a community as you live in a condominium. As many condo owners live together on the same property, you would always be surrounded with people and chances of you feeling lonely would hardly crop up. There is a school of thought that privacy is hampered owing to the people who share the same floor in a condominium, but the fact is that the condos are built in a way that there is no dearth of privacy of the people who stay in them. Cozy and comfortable stay with full privacy is one of the major reasons why people are more inclined towards buying and living in a condominium than a regular single-family house.