Everyone wants to have a luxurious lifestyle, but the cost of living is huge. Also, taking decisions regarding investing money in a property is huge. There are many risks and factors that one must consider while choosing to live luxuriously. The confusion remains among the people whether to have an apartment or a condo. Both have different factors to consider, but when the cost factor comes up, condos are more beneficial. So, it is important to know all the differences to create your dream lifestyle.
Basic Evaluation Process of Buying
Buying a building requires a lot of thinking, especially about owning property or living in a renting house. The basic difference between an apartment and a condo is that the building of the society is rented out to the tenants. But in the case of condos, it is owned by the owner. In condos, the owner has to pay the tax, but the renters have to pay the tax in an apartment. Hence the responsibilities are less when you think of staying in Condo Ladprao.[ คอนโด ลาดพร้าว which is the term in Thai]
Cost and Maintenance of Living
When you live in a condo, any issue in the house will be solved by the owner. But in the case of the apartment, the landlord will take all the responsibility. Hence you are free from taking any burden. While living in condos, the owner has to handle every work in the house. So if you are someone who doesn’t want to take the burden, then choose the apartment for living. Staying in a condo can be a bit costly, but it gives you a guarantee because you are the owner of the house. Paying monthly rent for the apartment does not allow to save some money. While in condos only thing you have to pay is tax.