Why do Quality Older Condos retain their Appeal?

Pattaya is a city that is constantly expanding and, as a result, new condos projects are being built all the time. These modern condos all have state-of-the-art features as well as excellent facilities so it does beg the question, why some of the older condos retain their appeal? If we rule out those at the cheaper end of the market for the purposes of this article and focus more on the high-quality condos it quickly becomes apparent why they are still so popular. Here are just a few of the reasons why.

Location

One of the main reasons that these quality older condos retain their appeal is because they are built in prime locations. This is often on the beachfront or at least very close to it such as Jomtien Plaza in Jomtien and Saranchol in Naklua. This land is simply extremely scarce nowadays and when it does become available, it tends to be extremely expensive.

Size

It is a simple fact that most units within older condominiums have a larger area. It is quite common for studio units to be in the region of 50sqm whereas many modern studios are more likely to be in the region of 25-30sqm. Not only does this make a more pleasant living environment, it also represents better value for money. Naturally, the more room that you have to work with, the more you can achieve – especially if you are skilled at interior design.

103 sqm 1 bedroom condo for sale with fantastic sea views 

Proven Management Teams

These older condos remain popular because they are well-maintained and well-managed with the two running hand in hand. Quality management teams will be proactive rather reactive which will reduce costs and make a better living environment for everyone. Of course, the better the living environment, the more people will want to live there. Also, many residents will have lived there a long time which again adds a sense of stability.

No Issues With Snagging

It is inevitable that new condos will have some minor faults that will need rectifying. This can be extremely frustrating if you are continually needing to get faults repaired. With a quality older condo, these faults or snags will have happened many years previous so you will be largely unaffected. However, wear and tear will take its toll so ongoing running repairs may be required but these are easier to manage.

Well appointed and refurbished studio for sale in the beachfront condominium, Jomtien Plaza

Can Renovate Them To Your Liking

As we have already touched upon, repairs will be needed but this can be managed with a renovation timed to suit you. In addition, this renovation can transform the unit into the home of your dreams and with almost certainly be cheaper than buying a new unit of the same size and same specifications. You can really let your imagination run wild but don’t forget to check with the Juristic team before you make wholesale changes.

Value For Money

Again, a point we touched upon before these condos often, but not always, represent great value. The price per sqm is often significantly lower than more modern neighbouring buildings. Whilst there will be the expense of renovating, you will still be getting far more for your baht.