Five Things To Consider When Buying A Condo

Buying a condo is a big decision for prospective homeowners. If you have saved enough money to buy yourself a new house, you need to take several important things into account. For many people, buying a condo is the biggest financial investment that they will make in their lives. Naturally, you have to be careful that you do your research first and then buy a condo. In a big country like Thailand, there are plenty of places where you might buy a condo. Jomtien Beach is one of them. Situated on the eastern coast of Thailand, it is about three kilometers south of Pattaya, and an excellent destination to live. Here are five things to consider when buying a condo in Jomtien.

  1. Location

Talk to any real estate agent and they will tell you the same thing, the three most important rules of investing in real estate are “location, location, and location.” Are you sure that you are going to stay in your condo forever? If not, you will want to factor in the long-term resale value of the place. Is the neighborhood on the rise? Are properly values swinging upwards? It’s important that you factor in these things because they could help you sell off the property at a better price.

  1. Facilities

The facilities and amenities on offer are also going to play a role in your decision. When considering luxury condos for sale in Jomtien, it’s recommended that you take into account the numerous facilities and amenities on offer. Is there a swimming pool, gym, suites for guests, or parking for visitors? These are all basic amenities that you will want to look at.

  1. Rules

Most private companies that construct condos have specific rules that must be followed. Before you decide to buy a condo in such a locality, why not go through the rules? Condos are expensive, so you will want to make sure that you don’t compromise at all. Some places do have pet restrictions, while others may prevent you from renovating the condo unless you get permission from the management authority.

  1. Size

Perhaps the biggest factor you need to take into account is the size of the condo. How big is it? How many rooms does it have? You will want to make sure that you evaluate the size of the condo to figure out whether it’s suitable enough for the entire family or not.

  1. Price

Last, but not least, you need to evaluate the price of the condo. Do you think you will have any money left once you buy a condo? Is it worth investing the money? Some condos are sold at a higher price than others, so you have to evaluate the real estate market trends before making a decision as well. These are just a few things that you should know about buying a luxury condo in a beautiful place such as Jomtien Beach.

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