In Thailand, apartments and condominiums (condos) are often used interchangeably in everyday conversation, but they have distinct legal definitions. Apartments are typically owned by a single entity that rents out units, meaning tenants do not own the property. Condominiums are registered under Thailand’s Condominium Act, allowing individual ownership of units with a permanent title...
In Chiang Mai’s rental market, monthly and yearly rentals differ significantly not only in pricing but also in furnishings, maintenance, and overall condition. Understanding these differences can help tenants choose the right rental option and assist landlords in optimizing their property management strategies. I. Monthly Rentals: Fully Furnished and Ready to Move In 1. Fully Equipped for...
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