The Benefits Of Having Your Own Home, Especially a Condo.
Many people are renting their property nowadays, and when you think about it, you are just giving your money to a landlord for many years, and at the end of it all, you still don’t own it. Many people are a little scared to take the plunge and buy their own home, and there are a number of reasons for that. However, there has never been a better time to buy a condominium, due to the very low interest rates that we are currently experiencing. It is definitely a buyer’s market, and there are many fantastic bargains out there to be had, especially in the Bangkok area.
Buying your first property is probably going to be the single biggest decision that you’re going to make in your life, and so it is important to make the right choices at this juncture of your life. Buying a condominium like The Estelle Phrom Phong (called ดิ เอสเทลล์ พร้อมพงษ์ in Thai), is a fantastic way to get onto the property ladder. If you’re still on the fence about continuing to rent a property, or to buy one, then hopefully the following will help you to make up your mind, when it comes to purchasing a condominium.
- Low interest rates – There has never been a better time to buy, as interest rates have never been this low before. The Covid 19 pandemic has brought a lot of hardship to many people, but the one good thing about it, is that it has made the property market a buyer’s market. This means that buying a property is actually cheaper than renting one, and so it doesn’t make sound financial sense to keep on giving you money to someone else.
- It provides you with peace of mind – Owning your own condominium provides you with the peace of mind that you are never going to get, when you keep renting a property. When renting, your landlord could ask you to move out at any time, and he can also raise the rent as well. You’re also not allowed to make any major changes when you’re renting, but when you own your own home, you can pretty much do what you want, to make yourself more comfortable.
- It’s an investment in your future – Buying a condominium, is a surefire way to make sure that you have a comfortable life when you retire. Many people buy condominiums as a nest egg for old age, and property has been growing in value for the past number of years. This means that when you’re ready, you can sell your condominium for a significant profit.
It just doesn’t make sense any more, to continue renting a property, because you’re never going to own it. It’s time you invested in a condominium, that is going to give you a strong financial future, and also provide a safe place for you and your family to live.