Famous Difference Between Condo And Apartment In Thailand References

Difference Between Condo And Apartment In Thailand. A condo, a word typically shortened from a condominium, is a form of real estate divided into multiple units, each of which is owned. Townhouses also offer a little more privacy than a condo or apartment as they only share a maximum of two walls, often soundproof.

Condo Vs Apartment The difference between both of them
Condo Vs Apartment The difference between both of them from www.bangkokcondoonline.com

With that said, the two share several similarities worth paying attention to as well. Apartment on the other hand is a unit like a condo in a high rise building that is rented on a monthly rate or owned for a fixed time. All the homeowners within a condo building will share.

Condo Vs Apartment The difference between both of them

Once purchased, the apartment building can be turned into condominiums (normally by upgrading according to the condominium act) and eventually be sold individually if the new. A condo or apartment is likely to have restrictions that would prevent that arrangement. The main difference between an apartment and a condo stems from ownership. A house is generally easier to sell than a condo a condo can be a tough sell in.


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