Many people ask, “what’s the difference between a condo and also a property in Bangkok? ” Well, condos are separately owned units although a great condo is a good block regarding rental devices owned simply by a organization, family or even particular person.
Presently there are, of course advantages and cons to be able to letting an house over reserving a residence together with with any luck , this article will shed some light within the apartment versus condo nightly rental matter, and help you together with your final decision.
With regards to price, you’ll end up being glad to know that there is usually no difference whether is actually an apartment or perhaps condo an individual choose to lease throughout Bangkok. The rental rate is typically based on this place, age plus quality of building, size connected with product, number of bedrooms, features, decorating scheme and supplying.
Nowadays, that is where the primary disadvantage is based on renting a great apartment over the residence. Rentals tend to have a baseline charge for water (usually around 1000 baht for every month) and a overcharge with energy (around five : 6 baht a good unit as opposed to often the 3. 75 baht recharged by the MEA). All of this can amount a hefty big difference in utility bills with the end connected with any month.
I dwell in a a few storey townhouse with a family of 6 and my normal water bill has never surpass five-hundred bht a thirty day period, actually. We do the wide range of washing and taking as well!
Building control costs
These fees implement extra to be able to condominiums somewhat compared to apartments which have by now factored this specific cost in the rent. This is what you call the community charge that goes to maintaining the buildings, facilities, stability and so forth For condos, this specific charge around 25-40 baht for each square metre depending on the developing in addition to their location. The greater exclusive your condo. The greater the fees are going in order to be! In most cases, this charge has already been as part of the asking rent by often the landlord. Nevertheless, if anyone managed to drive often the rent down drastically plus got you a giggling deal i. e. a effectively furnished 95 sqm 3 bedroom in typically the CBD for 25, 1000 baht/month, next it’s very likely that your owner can be expecting you in order to pay out this management fee alternatively! That’s fair plenty of don’t you believe?
In the end through the day, whether you are hiring an apartment as well as a condo, who you let it from is extremely important. With condominium owners, this is sometimes better to bargain on the rent considering that these individuals can be more flexible, in comparison with the apartment which rates normal rates that are typically non-negotiable. However, finding a new suitable condo for rent is more difficult on your own since you will need to find out which building and exactly what product is available for hire. Included in the package need the user’s contact very! That is where property lease companies like Bangkok Finder may help you.
The additional thing is upkeep. Really definitely the lot more practical if you are dwelling in a flat since presently there is usually an in house maintenance guy hired by building at hand. However , I know of numerous condo owners who consider very good proper care of their particular real estate and have their very own handyman who usually takes action within a day or two. The cost could be foot from the homeowner or the tenant depending on the initial agreement. Usually, structural repairs, electrical wiring plus plumbing costs are paid for by the landlord, and slight repairs are typically the charge from the tenant. However, the more affordable your lease, chances are the greater you will still have to account with regard to in preservation cost while in your lease period.