If you’re looking to begin your journey for renting a place to live, you will have so many options and questions that will go in your mind. But the first question that will arise is how you will be managing your finances, budget, and what you can get out of that budget. And this will lead to further elaborating the options to a condo or an apartment? So let us discuss and make it easy for you to decide.
Condo: The private residence in a building and people get the ownership of each flat. It is a clear structure with all the amenities included in the building, incorporates a pool, community hall, garden, gym, and many others. Condo Charoennakorn (คอนโด เจริญนคร, which is the term in Thai) is one of the best condos available you can find in the prime location in Bangkok. Owners can decorate their living according to their benefits and can rent it out to someone. The owner may allow certain modifications if giving it for rent or negotiate some of the items.
One of the questions you may have with condos is that if they come at a lower cost than an apartment? Payment may not vary much, and the only difference you may notice with condos is that you will be paying HOA fees if living in a Condo. It will include the rent and expenses for the maintenance of the common areas that you will utilize. However, renting an apartment, you will not pay HOA, but you will not get those utilities.
Differences Between The Two:
Apartments are building that has various units to give on rent and are governed by the professional company. In condos, each of the flats has an owner and gets owned by different people.
The apartments have the same structure and decorations. In the case of condos, it is upon the owner how he wants the house to be. You will get the modern finishes, amenities like in Condo Charoennakorn, where you get a rooftop garden, a swimming pool to practice, a fitness center to keep your body healthy and maintained.
You can purchase the condo where living if the owner of it is willing to sell. In the case of apartments, you may not get this facility. These apartments get owned by a professional company.
Both have their advantages and disadvantages you can choose either of them that suits your lifestyle and the way you want to live.