The decision whether to buy or rent a property such as condo depends on numerous factors. There are instances, when renting a condo is a better choice than buying it. On the other hand, there are people who are more suited to purchase a property from seaboard-properties.com. If you are having second thoughts about renting a condo, you can check on the advantages of renting one.
Less recurring fees
When you rent a condo, you only pay for monthly rental as its recurring fee. Although you need to pay for utilities, so would you if you purchase a house. Apart from paying your utilities and monthly rent, you no longer have to worry about maintenance fees, insurance and all those paper works for insurance claims, if ever an untoward incident takes place. If you a condo unit, you need to pay mortgage fees, owner’s association’s fees, utility fees for common facilities and areas and many more.
Forget about property tax
If you opt to rent a condo from seaboard-properties.com or other property sites, you only have to worry about monthly rental and nothing else. You can forget about the responsibility of paying property tax and its interests every year. However, renting a condo is not suited for everybody especially those with big families. It is only ideal for those who will stay in Pattaya for a short period or for couples and single individuals working in the area.
Convenience to leave when contract ends
When you buy a house, you would have to go through the hassles of looking for a buyer at seaboard-properties.com and all the paper works just to dispose the property. But if you rent a condo, you can just leave the property the moment the contract end. In other words, you have the freedom to extend your stay in the property or terminate it when the contract is completed. There are no obligations nor do you have any liability to look for a renter to replace you. If you want a hassle-free living with all the modern conveniences, a rented condo would be more suitable for you.