Condominium refers to a building type where individual units are owned privately. This categorization places condominiums within residential property, distinguishing them from commercial or industrial properties.
Ownership extends to the living space, while common areas remain shared among unit owners.
Condominiums differ from apartments through ownership structure. While both offer residential units within a building, condominium owners hold individual titles to their units, contrasting with apartment residents who lease from a single property owner.
This distinction significantly impacts the rights and responsibilities of the inhabitants, including property modification freedoms and investment potential.
Three condominium features popular in Bangkok include rooftop pools, fitness centers, and private balconies. Rooftop pools offer panoramic city views, making them a sought-after amenity.
Fitness centers within the condominium provide convenience for residents, eliminating the need for external gym memberships. Private balconies offer personal outdoor space, rare in dense urban environments like Bangkok.
Common features among Bangkok condominiums encompass 24-hour security, parking facilities, and communal gardens. 24-hour security ensures resident safety and property protection. Parking facilities address the demand for vehicle storage in the city.
Communal gardens provide shared green spaces, enhancing living quality.
Unusual condominium features observed in Bangkok include sky lobbies, automated parking, and private lifts. Sky lobbies offer elevated communal spaces with spectacular views.
Automated parking systems maximize limited urban space through mechanical parking solutions. Private lifts grant direct access to units, enhancing privacy and exclusivity.
Unique condominium features include pet-friendly policies, smart home technology, and duplex or triplex units. Pet-friendly policies accommodate residents with pets, a rarity in Bangkok real estate.
Smart home technology integrates control over home functions for convenience and efficiency. Duplex or triplex units provide multi-level living spaces, offering house-like experiences within a condominium setting.
Condominiums provide a blend of ownership benefits and community living not found in single-family homes or typical apartments. The ownership structure allows for investment and customization, while shared amenities and services offer a community lifestyle.
This combination distinguishes condominiums from other residential property types, making them a versatile option for diverse buyer needs.
For a deeper understanding of condominiums and other property types, refer to our glossary about Bangkok real estate.