Affordability:Generally, condos are more affordable than houses in the same area, making them a good entry point into the real estate market. Cheaper Insurance:Insurance costs can vary significantly between condos and houses, with condos often requiring less expensive policies. Location:Condos are oft...
Analyze the benefits and see if they outweigh any risks associated with the overall process. Comparison with other investment options- Is real estate the best option for you, or are you better suited for otherlong-term investments? Don’t close yourself off to the options; be open to explorin...
What’s the building’s history of special assessments and insurance claims?If special assessments and/or insurance claims are common at a building you’re looking at, you may want to look elsewhere. Financing a condo purchase Amortgage for a condois very similar to a mortgage for any other...
Make sure you do the math. What often seems cheap in Thailand isn't all that cheap when you make a market comparison. Compare how much you are paying per sq.mt with what you'd pay back home. Factor in the relative price. If you are paying 5 million Baht for a condo here, the sa...