What Are The Benefits Of Owning A Condo In Thailand?

Have you been thinking about investing in a condo in Thailand, but you aren’t quite convinced if it’s the right move for you yet? If that’s the case, then this is the article for you. We’re going to take you through some of the benefits of owning your own condo in Thailand.

It’s the easiest way to get on the property ladder in Thailand

The first and biggest benefit of owning a condo in Thailand is the fact that it is so much easier than buying any other form of property. This is because there are certain restrictions for foreigners owning landed property in Thailand. The good news is that so long as 51% of the condos in a condominium complex are Thai owned, you can buy your very own.

Condominiums boast many attractive in-house facilities

Another great advantage to owning your own condo in Thailand is the fact that most quality condominium complexes come with a host of in-house facilities that you can use. From a rooftop swimming pool to a fully-kitted fitness room, the best condos in Thailand offer plenty of additional value.

24-hour security

When buying a villa or a house, you don’t get 24/7 security thrown into the mix. Certainly, there are gated communities like Bangkok Boulevard Vibhavadi, where you can buy property and feel more secure, however, most decent condominiums will have round-the-clock CCTV, on-duty security guards, and key-card access, for your safety, convenience, and peace of mind.

Endless variety

When it comes to buying a condo in Thailand, you have so much variety to choose from. In Bangkok alone there are thousands upon thousands of completed development projects with many more on the way. As such, finding and buying the perfect condo for you has never been easier!

Low maintenance costs

 

The maintenance costs involved with taking care of a villa or large house will be significantly higher than that of a smaller condo. When you buy a condo there is typically a monthly maintenance fee involved, which pays for the upkeep and maintenance of the resort – including the regular cleaning of your condo. 

You can rent it as a holiday home

Whether you plan to stay in your condo permanently or move around, when you aren’t present in the condo you can rent it out to tourists as a holiday home. This is a great way of making some passive income on the side.

Great location

The majority of condo complexes are built in strategic locations, granting access to a wealth of quality amenities nearby. So, before going ahead and purchasing a condo, make sure that you do plenty of research on the local area.

Fully finished and decorated

Another magnificent benefit of buying a new condo is the fact that they will be fully finished and decorated for you. Certainly, you can redecorate as you wish, however, with such a high-quality finish, you won’t need to worry about choosing the right flooring any time soon!

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