Thursday, October 24, 2013

The Advantages Of Owning A Condo


Condo ownership is different than home ownership. The primary differences between the two are the responsibilities for maintenance. However there are other factors that can be advantageous because of location, cost, and security.


Maintenance Responsibilities

Generally owners of condos are not responsible for the maintenance of common areas and the exterior of the structure. However, owners are generally responsible for the maintenance of the interior of their room. As each condo differs, there are usual maintenance fees and they vary from condo to condo. For example the Treetops Pattaya has a maintenance fee of 40 baht per month per square meter. In the end, this saves the condo residents from needing to hire and monitor external projects and other worries that come with home ownership such as home and land maintenance.



Location

Condos are often located in prime locations and often convenient for reaching the best areas of the city. Pattaya offers shopping, cultural monuments, and a variety of beaches for its residents and condos like the Treetops Pattaya puts the quiet beach of Bang Saray, landmarks like Buddha Hill, and the nightlife of Walking Street within reach.


Affordability

Condominiums are generally more affordable than single-family homes that are nearby. Often comparably priced homes are in less desirable locations while condos offer greater affordability at more affordable price point.


Safety

Many people who reside in condos feel an extra sense of safety and security that is not felt in the ownership of a home. Often it’s the fact that there are nearby neighbors and if the condominium complex has a community environment that sense of safety is reinforced.

Separate from the human factor, it is also common for modern condominium complexes to have at least 2 layers of security. First, there are usually gate guards and roving security personnel and the most common secondary system is controlled access to the building. Other condos also control elevator access and some provide a front desk service for controlling access by non-residents. This is all built into the complex and does not require installation and expense that arises with home security products.


Amenities


Condominiums come with facilities and amenities that aren’t included with a private home. Usually condos have swimming pools, fitness facilities, and tennis courts. Condos like the Treetops Pattaya have a rooftop gymnasium, barbecue area, maid service, and 2 infinity pools. How many homes for the same purchase price comes with such a range of facilities?

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