For many people buying a condo is the first step towards homeownership. The condo is the perfect choice for the modern lifestyle with all the advantages like shared amenities, professional management, and proper maintenance. Also, they are a great investment opportunity, and with the property price increase in Chatuchak having a condo Chatuchak (คอนโด จ รั ญ, which is the term in Thai) could be a good asset.
However, there is one problem when it comes to what you can consider being a good condo investment in Chatuchak. Different people consider different condos as the best buy, as a lot of different factors play a deciding role. The condo you need to buy must suit your lifestyle and budget. So, here are a few tips that you can follow to buy your Condo in Chatuchak in the year 2020.
Consider Your Lifestyle
Your lifestyle and living standard must be considered before checking the condo Chatuchak. You must see if your budget is enough to buy a condo suiting your lifestyle and living standards. You need to also consider your neighbors as you would be sharing walls with them. Since you would not want a noisy neighbor or someone who always looks out for trouble, research the type of community it is.
Work With An Experienced Realtor
Once you have decided to buy a condo, you would be scratching your head as to where to start. You would not have all the knowledge about the condo Chautuchak has to offer. Or what condo in what apartment is in your budget. Hiring an experienced realtor is a good choice. They take a small commission for their services, but it’s all worth it and it would mean reduced workload.
What types of amenities do you need?
Condos can offer a variety of amenities. Some may offer a lot of amenities and some offer none. You need to discuss the amenities you want in your condo with your realtor. Amenities play a huge role in the reselling price.
Review Association Fees And Regulations
You also need to consider association fees besides the mortgage. The association fees are paid to upkeep the property you bought. So, it is better to discuss the amount before buying property. See, if you can manage this extra payment. Also, ask what services the fees cover.
Other things that you need to consider before buying the condo are the rules and regulations that you need to abide by as a resident. There could be noise restriction, rules to use common areas that you might not like. Understand all the regulations before buying a condo.