A Critical Analysis of Buying vs Renting a Condo
Welcome to One-Stop Service of Global Top Group. One of the most frequently asked question by new home owners is “Should I buy a condo or rent?” Like always, the answer is an easy one, buy and own your property!
Buying a condo can be a great move for first-time home buyers. Prices are often lower in Thailand than in your country of origin, and condos can be more convenient in terms of location and maintenance.
Instead of paying for your rent, you can save money by buying the property and paying by installment plan, using the same amount of rental fees every month to own your dream home! Buying with a property through loan or mortgage is also a good way of saving and making money. Owners can also have their unit rented, earning some passive income and at the same time selling it at a higher price from your original purchase price.
Buying your property is one of the biggest ways individuals and families build wealth. Home prices are steadily rising across many countries. As a condo owner, you’re sitting on an asset that’s growing in value each year. When you sell, you’ll likely make more than you spent.
Condos are often smaller than a detached house. That makes them easier to furnish, clean, and manage. Condo owners don’t have to worry about expensive structural repairs or building upkeep, it’s covered by the yearly maintenance fees that owners pay.
Generally, buying is better than renting when you meet the following criteria;
- You have a stable income and employment
- You can afford the down payment and closing costs
- You want to stay in the same location for at least three years
If you’re ready to buy and you like the perks that a condominium can offer — like a lower purchase price and easier maintenance — then buying a condo could be a great choice.
Owning a unit at any project of Global Top Group provide customers premium perks like a fitness room, swimming pool, sauna and parking. They also offer CCTV’s and extra security, too. It also offers customers an After-Sales Service when buying a unit free of charge!
GLOBAL TOP GROUP offers home buyers and investors free advice and consultation on how to get Long-Term Visas if they purchase in any of the top and luxurious condominium projects they have on offer.
GLOBAL TOP GROUP is now offering exceptional rates and low-down payment schemes with their brand-new condo projects! We even have specialized condo loans available for Thai and Foreigners to get you into the condo of your dreams.
Please call GTG hotline +66 (0) 907417417. Or please visit our website at; www.globaltopgroup.com.
A Critical Analysis of Buying vs Renting a Condo
Welcome to One-Stop Service of Global Top Group. One of the most frequently asked question by new home owners is “Should I buy a condo or rent?” Like always, the answer is an easy one, buy and own your property!
Buying a condo can be a great move for first-time home buyers. Prices are often lower in Thailand than in your country of origin, and condos can be more convenient in terms of location and maintenance.
Instead of paying for your rent, you can save money by buying the property and paying by installment plan, using the same amount of rental fees every month to own your dream home! Buying with a property through loan or mortgage is also a good way of saving and making money. Owners can also have their unit rented, earning some passive income and at the same time selling it at a higher price from your original purchase price.
Buying your property is one of the biggest ways individuals and families build wealth. Home prices are steadily rising across many countries. As a condo owner, you’re sitting on an asset that’s growing in value each year. When you sell, you’ll likely make more than you spent.
Condos are often smaller than a detached house. That makes them easier to furnish, clean, and manage. Condo owners don’t have to worry about expensive structural repairs or building upkeep, it’s covered by the yearly maintenance fees that owners pay.
- You have a stable income and employment
- You can afford the down payment and closing costs
- You want to stay in the same location for at least three years
If you’re ready to buy and you like the perks that a condominium can offer — like a lower purchase price and easier maintenance — then buying a condo could be a great choice.
Owning a unit at any project of Global Top Group provide customers premium perks like a fitness room, swimming pool, sauna and parking. They also offer CCTV’s and extra security, too. It also offers customers an After-Sales Service when buying a unit free of charge!
GLOBAL TOP GROUP offers home buyers and investors free advice and consultation on how to get Long-Term Visas if they purchase in any of the top and luxurious condominium projects they have on offer.
GLOBAL TOP GROUP is now offering exceptional rates and low-down payment schemes with their brand-new condo projects! We even have specialized condo loans available for Thai and Foreigners to get you into the condo of your dreams.
Please call GTG hotline +66 (0) 907417417. Or please visit our website at; www.globaltopgroup.com.
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