Newbies buying or renting a condo in Bangkok should know

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Deciding to buy or rent a condo in Bangkok is an important step in life because it is a long-term investment and involves daily life. In addition to buying, you can also rent depending on the convenience of each person because both options have different advantages and disadvantages. To make the right decision, you should consider the following factors:

 

1. Budget
Buying a condo in Bangkok
- Selling price: Set the maximum budget that you can afford, including other expenses such as transfer fees, fees, and decoration fees.
- Common area fees: Check the monthly common area fees, which include maintenance fees, facilities, and other related expenses.
- Installment costs: If you borrow money from a bank, calculate the monthly installments and plan your finances well.

Renting a condo in Bangkok
- Rental price: Each condo in Bangkok will have different rental rates depending on the convenience of each condo. If it is a luxury condo in the heart of the capital, near important places, and near the BTS, the price may be high. Therefore, before deciding to rent, you should compare each condominium, which can be easily viewed via the Bangkok Residential website.

2. Location
Before renting a condo in Bangkok or buying, choosing a location is very important because traffic in Bangkok is quite congested. To save time and be convenient, consider the following:
- Convenience of travel: Consider whether the condo is near a BTS station or a bus stop. To facilitate commuting to work or doing other activities
- Facilities: Check if there are facilities around the condo that you need, such as shopping malls, shops, restaurants, hospitals, schools or parks.

3. Building and facilities
Choosing a condo for rent in Bangkok or buy is often a long-term residence. Living in a condo that makes you comfortable and relaxed is important. Therefore, you should consider several factors as follows:
- Building structure: Check the age of the building, the condition of the structure and the materials used in construction.
- Facilities: Consider whether the various facilities the project provides meet your needs, such as a swimming pool, fitness center, garden, library or other common areas.
- Security system: Check the project's security system, such as CCTV, security guards or building entry system.

4. Room size and style
- Room size: Choose a room size that is appropriate for the number of family members and your lifestyle.
- Room style: Consider whether the room type has a perfect layout and meets your needs.

 

Choosing a condo for rent in Bangkok or buy is an important decision. You should take the time to study the information and compare it carefully to get the answer that is most suitable for you.