Categories
Condo Lifestyle

Questions To Ask When Buying Pattaya Condo For Sale

Buying a property such as a condo unit can be one of the major decisions you will ever have in your life which is why you need to be extra careful in your deliberation and make sure that you are buying the best Pattaya condo for sale. Some of the important questions that you may want to ask before making the leap includes the following:

What are the usual complaints?

Before buying a condo, you may want to ask some f the residents of the usual issues they encounter in the building? Are there security complaints? Find out if there are robbery complaints and related incidents. You may also want to know if there are noise issues, vandalism and similar problems. You might also want to check the minutes of the recent meetings of the association to check for common issues.

What is the insurance coverage?

Find out the inclusions of the insurance before you buy Pattaya condo for sale. Ask the real estate agent who offered the property if there are certain provisions that you do not understand. Find out the coverage to find out if you need to purchase additional insurance for your personal belongings in cases of fire, robbery or property damage during typhoons.

What fees do I need to pay?

Buying a condo means you need to pay regular fees to the association for the overall building maintenance, security, litigation, etc. Find out if you can afford all the fees. Take note that unlike mortgages, condo association fees are not tax-deductible.

What are the policies?

One of the important things that you need to know is the in-house policies of the Pattaya condo for sale. Make sure that you are amenable with the policies. Remember that you would be living with other individuals in one building so there are common rules that you need to follow. Ask what the rules are when it comes to guests. if you have pets, find out if there are rules against having pets around or if you can have plat or flower beds inside.  Read the rules from line to line.

Categories
Condo Real Estate Tips

Helpful Tips When Buying A Condo Unit In Bangkok

A lot of the residents and expats have the desire to purchase a condo unit in Bangkok. However, purchasing a condo unit is a big investment and one that needs to be considered thoroughly.

Here are some helpful tips to help you with the decision.

The restrictions regarding foreign ownership

Based on the law in Thailand, expats or foreigners can’t own land. If you are interested in really acquiring a property, there are two choices. It is either you purchase a thirty-year leasehold or you buy a property via a limited company.

The great news is condo units and apartments can be bought given that a minimum of fifty-one percent of the building is owned by Thais or a Thai company. It is very important to ask for legal advice from lawyers or real estate professionals regarding the restrictions to property ownership.

The best location

It is helpful to really consider the location. Research needs to be done for you to find the best neighborhood. Factors like transportation, commute time, proximity to offices or government buildings, access to necessities are different for every area.

High-rise or low-rise condo

Before entering a transaction, you will need to decide which is suitable for you: a high-rise or a low-rise condo. A condo unit in higher floors means privacy and solitude. However, this might also equate to higher costs.

Condo facilities and amenities

As every person has different preferences, check if they have the facilities and amenities which you are looking for and you need.

Condo developer

Make sure that the condo building is developed by a reputable and renowned company. To do this, check online and offline for their credentials. You can also get in touch with the company about the project.

Other considerations

Finally, if you are looking to apply for a bank loan, research the best financiers, the bank loans available and the requirements. It is also best to talk with real estate agents regarding this matter. They are very much familiar with the condos for sale in Bangkok. They are knowledgeable about the market, as well as the rules and procedures in acquiring a condo unit.

Categories
Business Condo

Enjoy A Totally Different Environment In Bangkok Thailand

Bangkok is a popular tourist destination because of several reasons. The climate is favorable throughout the year, the food is amazing and accommodations are affordable. From Bangkok, you can easily drive to the beach or national park and enjoy a totally different environment. Bangkok has also become interesting to investors because the prices of condo units are more affordable compared to other Asian cities like Hong Kong, Tokyo and Singapore.

Why Bangkok condos are lucrative investments

Thailand has restrictive laws when it comes to foreign ownership of real estate that is why most non-Thais prefer to invest in condos. It is legally allowed for foreigners to invest in a condo unit as long as it does not exceed more than 49% of the available units in the building. With the help of professionals in Bangkok real estate, you will be able to find a condo where you will gain maximum comfort and profitability.

Bangkok is a city that is full of life. There is always something new for a non-Thai to experience as he explores the city. Living in Bangkok can be cheaper in terms of food, entertainment and accommodation. The rapid development of Bangkok has encouraged many developers to construct condos and apartment buildings that are suitable for every budget. If you invest in a condo unit, you have the option to live in it or rent it out to enjoy a monthly paycheck.

Traffic is a consequence of living in Bangkok but all developed cities experience the same inconvenience. It is not actually a challenge to travel around the city because there are many options to avoid traffic. Amidst the steel and glass structures of business offices and shopping malls, you will find Buddhist temples where you will experience the true culture of the Thais. The Thais are warm and welcoming with a ready smile for visitors.

If you are searching for condo for sale Bangkok, it makes sense to work with a reliable real estate agent who knows where the best condo projects are located. While it is not mandatory to have a lawyer during the transaction, it is highly recommended for your own protection.

Categories
Architecture Condo Real Estate

Understanding The 5 Reasons Why Drains Get Clogged

The plumbing system is important to the house because it gives you access to water and it is also necessary for sanitation. For this reason, it is your duty as a homeowner to take care of your plumbing system. In order for this system to be able to function properly, it must always be in good condition. The only way to do this is by conducting regular inspections and quickly addressing plumbing problems before they can progress into more complicated issues.

One of the most common problems that a homeowner may face is clogged drains. Clogged drains are a nuisance. When your drains are clogged, it can be very difficult to use the bathroom. Also, if you ignore your blocked drains, then you can expect your pipes to burst.  But what causes a blocked drain? Here are 5 reasons why drains get clogged or blocked.

  1. Because of debris or foreign objects. One of the most common causes of blocked drains is foreign materials such as soap, hair, food or fats building up inside the drain. When these materials get stuck, at first it would be unnoticeable as the drains would not get easily clogged up. However, as the material stuck in the drain continues to build up, soon it would grow enough to clog the drains.
  2. When there is a storm or even just heavy rain, you can expect the water to gather all the leaves and the dirt and take it down outdoor drains. These materials caught in the water can get stuck inside the drain causing a blockage.
  3. Broken Pipes. If your pipes are broken, then you can expect water to not flow freely which could lead to the collapsing of the pipe and thus causing a blockage.
  4. Incorrect Pipe Installation. Mostly caused by DIY work, people sometimes install their pipes and plumbing wrong. When this happens, pipes can get misaligned or collapse completely.
  5. Water Flow. Sometimes, drains get clogged because of the flow of water. When there isn’t enough flow, it can cause blockage. Gravity is also necessary for drains and you shouldn’t expect water to flow up a hill.
Categories
Architecture Business Condo

Reasons Why You Should Buy a Condo?

If you are looking for a property to invest on, then why not purchase a condominium? Numerous individuals have long been attracted to the idea of purchasing condos and if you are one of these people, here are some reasons that would further your reasons to buy a condo.

There are lots of Hua Hin condos for sale and if you still doubt the merits of acquiring one, then take time to continue reading below.

The first reason to buy a condo, and probably the main reason why condos are attractive to a lot of people, is that condos provide their owners with all out access to amenities which are deemed impractical or unaffordable to most individual homeowners. These amenities would often include golf courses, clubhouses, tennis courts, swimming pools, and numerous fitness facilities. These amenities are more affordable because they are shared by a group of owners instead of a single individual owner.

Unit owners would also develop a strong sense of community. This is because most condominium developments plan numerous social events for their unit owners. This would give the unit owners ample opportunities to comingle and develop relationships with their neighbors and co-unit owners.

Owning condo units is also a better choice than renting property because of equity and tax advantages. As time goes on and if you maintain the value of your unit, you build equity. Also, you would be taking tax advantages in the form of tax deductions in mortgage interests and property taxes.

Some people buy condos for the purpose of investment. When this happens, they could either rely on appreciation or rental capacity. Unfortunately for investors, condos are slower to appreciate that is why it is better to rent out the units. Owners would also not need to worry about the maintenance of the building and most of its grounds as they are not responsible for it. There are people who are hired by the development to take care of that.

Lastly, condo units offer potential buyers to choose a desirable location for a less costly price. For a family who wants to live near the beach, it would be too expensive to buy a single-family house as they number in the millions. Condo units, however, offer less for the same location.