CONDO Definition & Meaning

Noteworthy for their contributions to esteemed projects like The Muve Srinakarin, FLO by Sansiri, and Setthasiri… Just a few steps away from BTS Asoke, MRT Sukhumvit station and only a few minutes away from “Terminal 21” where is the popular shopping mall. Featuring all amenities within easy reach to The Emporium and EmQuartier. This simply stunning one bedroom unit comes in size 31 Sq.m. The primary distinction between an apartment and a condo is ownership; an apartment is typically rented, but a condo is typically owned.

Condo

The term “condominium” is mostly used in the US and Canada, but similar arrangements are used in many other countries under different names. Find your next home among 813 listings for sale in Indonesia quickly and easily online. Condominiums, houses, townhouses, villas, commercial space, plots of land, affordable homes and luxury properties are available for sale in Indonesia. If you are after a place to rent in Indonesia then try checking out our Indonesia rental listings. Easily find your next home for sale in Indonesia by filtering types, price and number of bedrooms.

Condos for sale in Bang Rak

When you opt for a condo share, you become part of a group of owners who collectively own the property. Each owner is allocated a specific time period, usually a few weeks or months, during which they can enjoy their vacation home. This arrangement allows you to experience the benefits of owning a vacation property without the financial burden and responsibility of year-round maintenance. Furthermore, private condos often come with exclusive amenities such as a private pool, fitness center, or even a concierge service. These added perks enhance your living experience and make you feel like you’re living in a luxury resort. Imagine waking up in your private condo, sipping your morning coffee on the balcony as you enjoy the breathtaking view of the city skyline or the serene ocean waves.

  • You’ll pay rent as well as maintenance fees to this entity, and any necessary repairs will be likely handled by an onsite maintenance team at no extra cost to you.
  • While Singapore’s real estate market is quite stable, growth has slowed considerably, and rental yields can be low.
  • The information is for consumer’s personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Dozens of owners along Hawaii beaches have used loopholes in current environmental laws to leave emergency armoring in place for extended periods in order to protect homes, hotels and condos. They bought the property along with other adjoining parcels of land, intending to turn the area into a development consisting of condominiums. Zoning restrictions do not allow the development of apartment buildings or condominiums. In 2005 the 21 apartment units were sold as loft condominiums.