Please note that pets are not allowed in condominiums. If you are going to the island with your pet, you should consider other types of housing, for example, rent a villa in phuket thailand houses or villas. Other rules and features of living in condominiums can be found directly in the charter of the complex. Waste sorting containers are located in each building. Quite often, developers offer profitable investment programs for foreigners. The rate of return varies from 7% to 10% from the cost of housing and depends on the number of payments and the duration of the contract. Programs mean that when buying an apartment you can indicate in the contract period when you plan to live in your house, and the rest of the year the company is obliged to rent out your condo and transfer to your account a percentage of the profit. Such offers are very beneficial for investors. All issues related to the search of tenants, support of housing in good condition, collection of fees, conclusion of contracts are undertaken by the company of the developer, which is very convenient! Help to earn on real estate without any problems. 65 million THB.5 million THB.7 million THB.9 million THB. Take the first step towards your dream!
The sum for the maintenance of common property is called a condo fee. Every year condo owners pay a maintenance fee – these funds are used to maintain the real estate. Is paid monthly by all owners depending on the number of square meters they own. One of the advantages of condominiums is that all owners of apartments equally share the costs of maintaining common property. It is more profitable than to pay a large amount regularly by yourself. For those who plan to purchase a condo or rent it for the first time, it will be useful to learn about the rules for living in such complexes. All the problems which may arise during your staying in the condo can be easily solved at the reception or by contacting the management company which provides services to the complex. Despite the fact that the territory of the complex is protected and absolutely safe, you shouldn’t leave your things (for example, bicycles, strollers, etc.) at common places, so as not to disturb other residents.
Cozy apartments in modern complexes are easy to purchase. Documents are easily processed. Condominiums attract with excellent living conditions. In our article we will tell what a condominium is. Stylish design, the presence of a swimming pool, sports hall, playgrounds and much more on the protected territory – what else is needed for a perfect holiday? What the features of living in it are. The legal term “condominium” means a certain form of ownership and disposition of common property. What does condominium mean? Moreover, the concept of “condominium” can be applied both to a separate building and to a complex of houses with a common territory. Each owner of an apartment in a condominium automatically becomes a co-owner of the common property of the complex. The common ownership mainly includes swimming pools, gardens, playgrounds, phuket rent it house fitness rooms and other amenities for all residents. Management and maintenance of the common territory is carried out by the association of apartment owners in the condominium.
If you instead plan to travel the world and do not care about rental returns or having a steady holiday home, renting might make more sense. Potential losses are a concern for those who own a property. In comparison, renting eliminates such worries as money is not invested into the property, making it a lower-risk option for investment. On top of this, renting often gives people access to bigger and better places than they could otherwise afford; especially if they’re just looking for somewhere to vacation. Those renting don’t need to worry about, maintaining the property or repairing anything that may go wrong – all of which falls primarily to the owner of the property. This means in the event of sale at some point down the line, you could stand to make a significant profit on your investment. You can let your creative side shine and customize it with unique fixtures, furniture, and accents that bring out the best in it. Such personal touches can help you increase its resale value. Make it much more desirable should you decide to put it up for sale. With the never ending stream of tourists coming to the island, you can be sure to always receive a handsome rental income if you chose to rent out your property. From its romantic beaches to its bustling nightlife, there is something for everyone. No matter if you decide to buy or rent, do not hesitate to reach out to us and we’ll be happy to help you find your dream home.