What You Should Know Before Renting Phuket Condos vs. Apartments

Is there a significant difference between renting an apartment in Phuket and renting a condo in Phuket? Is it really worth your effort to worry about this? We would argue that the two versions vary greatly in many ways.

There may be a noticeable difference in rental rates, to which we add certain differences in ownership, maintenance, utilities, and so forth. Before renting one or the other, you should carefully evaluate your choices and choose which option best meets your requirements and preferences.

We'll compare Phuket condo vs. apartment housing options in detail so you can make the best decision for your living circumstances. Patong Harbor View Condominiums contain some important points to ponder, so be sure to look into the useful site.

What Is the Actual Distinction?

So, what distinguishes an apartment in Phuket from a condominium? It is a question of ownership. The condominium is owned by an individual or a business. It is a house that may be part of an apartment complex or stand-alone. This apartment is lent to another private person by the private owner. As a result, the owner becomes your landlord. The same is true when renting a townhouse.

In the case of an apartment, this is the same kind of space inside an apartment building that is owned by a business or investor that leases out all of the spaces in this location.

Management Fees for Condominiums

When you rent a condo, you will also have access to the building's amenities, where other private people are owners or just rent spaces. Laundry rooms, subterranean storage areas, patios, and gyms may be among the amenities.

Because each condo is owned by a separate person, the mutual problems and choices are handled by a Homeowners' Association (HOA). There is an elected chairman, as well as other decision-making elements and regular meetings.

They make decisions regarding common space changes, fix any remaining problems, common utilities, employ housekeeping for the common areas, and so forth. These monthly costs are shared among the condo owners, and there is also a monthly HOA charge. HOA fees or CAM are often paid by the owner of a condominium.

Either the landlord or the renter is responsible for paying his own utilities. Even though you will not be a direct member of the HOA, you must abide by all of its regulations.

*Most landlords pay the CAM fees and the renter pays his own utilities.

Fees for Phuket Apartments

Unlike a condo, an apartment is usually owned by a corporate entity managed by a management company or a real estate agency. You will continue to pay the rental charge as well as the utilities each month. Running water, gas(if any), electricity, internet, and cable are examples of additional costs.

When applying for a rental, it is essential to determine who will pay what in order to keep track of your expenditures.

*Many apartments will not let you get extra services like True Vision or private internet.

Layout and Arrangement of the Apartment

Quite frequently, all rental spaces in an apartment building controlled by a real estate or management firm are the same. They provide uniform rental facilities that are split into comparable sections and include identical basic utilities and furnishings if any.

In the case of condominiums, there are greater variations between one unit and another in the same building. There is nothing conventional about this. Each Phuket condominium has its own unique narrative and history. It's a highly intimate place that bears a strong imprint of its owner's personality. When it was constructed, the owner might have added a slew of unique features.

The Advantages of Renting a Condo

A condo has many unique features because of its private ownership.

The condos are well maintained. To increase the rental value, the owner is engaged in interior design and improvements to all rooms. Condos are often well-equipped with cutting-edge technology and household appliances.

The rental price may be directly negotiated. There is a good possibility of obtaining a considerably lower rental cost than the initial amount.

You will eventually develop a personal connection with your landlord. You will do more than just pay rent. You get personally engaged in the Phuket condo's well-being, thus this is a more than monetary connection.

In certain cases, condominiums may provide a plethora of amenities in addition to living space. As previously said, there may be a gym, an indoor garden, a patio, a pool, and so on.

Despite the fact that they are more costly than flats, the reality of the rental market is different. Condominium rental rates are often comparable, making them a competitive choice.

Disadvantages of Renting a Condo

Here are some of the drawbacks of renting a condo:

The landlord may lack expertise or skill in handling the rental arrangement. Some of the problems and malfunctions in the condo may need more time to resolve.

*Always ask if the condo has staff around in the event a problem arises. 

The presence of CAM fees, as previously stated, distinguishes apartments from condominiums. If your landlord is not paying the cost, this may increase your rent. This problem, as well as the precise additional amount, as well as any future repairing costs, must be addressed and agreed upon with the landlord prior to signing the rental contract.

* If the landlord isn't paying his CAM fees you may get your utilities cut even you a renter have been paying your rent and utilities. 

Make sure you rent from a landlord who has been in the business a few years and has a track record of paying his bills. You can always ask the Juristic person or management if your unit is current on all CAM fees.

I'd like to say in closing Thank you for all the wonderful tenants we have had over the years. We really appreciate the business you have given our Company.

Our Location:

Patong Harbor View Phone +66800528082

Contact us for more information

Patong Harbor View Co., LTD
42/1 Sirirat Road
T.Patong, A.Kathu
Phuket 83150 Thailand
Phone: tel:+66800528082
Email:  Scottriefler@gmail.com
Website:  https://www.Patong-Thailand.com

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