Friday, August 22, 2008

Here Are Apartments For Rent And Condos For Rent In Bangkok

Category: Finance, Real Estate.

By info at 4: 48 am on Wednesday, 2007 Edit This, June 13. There are, of course pros and cons to renting an apartment over condo and hopefully this article will shed some light on the apartment versus condo rental issue, and help you with your final decision.



Many people ask, "what s the difference between an apartment and a condo in Bangkok? " Well, condos are individually owned units whilst an apartment is a block of rental units owned by a company, family or individual. Rental prices. The rental rate is usually determined by the location, age and grade of building, number of bedrooms, size of unit, facilities, d�cor and furnishing. When it comes to price, I don t think it differs very much whether it s an apartment or condo. For a guide on what your rental budget will buy, click here. Now, this is where the main disadvantage lies in renting an apartment over a condo.


Utility bills. Apartments tend to have a minimum charge for water( usually around 1000 baht per month) and a surcharge on electricity( around 5- 6 baht a unit compared to the 5 baht charged by the MEA) . I live in a 3 storey townhouse with a family of 6 and my water bill has never exceeded 500 BHT a month, ever. All this can amount a hefty difference in utility bills at the end of every month. We do a lot of washing and drinking too! These fees apply more for condominiums since apartments have already accounted for their operating cost in their rates. Building management fees.


This is usually around 40 baht per square metre and most of the time. However, if you got you a really good deal i. e. a nicely furnished 95 sqm 2 bedroom in the CBD for 25, 000 baht/ month, then it s likely that your landlord will not be paying the building mgt. fee for you. This fee has already been included in the rent. I think that s reasonable enough. At the end of the day, whether you are renting an apartment or a condo, who you rent it from is extremely important. Others.


With condo owners, I feel that it s a lot easier to negotiate on the rent since these individuals can be more flexible, compared to an apartment which charges standard rates that are usually non- negotiable. That is where real estate. However, finding a suitable condo for rent is a little trickier on your own since you ll have to know where there is a unit for rent and the owner s contact. And property agencies like Bangkok Finder can help you. It s definitely a lot more convenient if you are living in an apartment since there is usually an in house maintenance guy hired by the building at hand. The other thing is maintenance.


However, I know of many condo owners who take very good care of their property and have their own handyman who usually respond within a day. Again, the cheaper the rent, the more you ll have to account during your lease tenure. The cost can be foot by the landlord or the tenant depending on the initial agreement. Apart from that, apartments and condos both offer 24 hour security and feel safer for most, compared to living in a house. Those are the main points really. There is also NO chance of flooding inside your home, which is a major concern for most people looking to rent or buy in Thailand. Now, are you ready to start your home search?


Here are apartments for rent and condos for rent in Bangkok.

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