A helpful guide for first-time buyers! Understand the key things to check before buying a pre-owned condo — from unit condition and building safety to location, pricing, and financial planning. Explore over 20,000 listings at serve.co.th.

What You Should Know Before Buying a Pre-Owned Condo: A Guide for First-Time Buyers

Buying a pre-owned condo is an appealing option for those seeking a well-located property at a more reasonable price. However, it also involves certain details that must be carefully considered. Here's what you should know before purchasing a second-hand condo:

Inspect the Unit and Building Condition

1. When buying a pre-owned condo, it's essential to understand that each unit may differ in terms of condition and quality depending on how it was previously used. Before signing any contracts, thoroughly inspect the unit — check electrical systems, plumbing, flooring, walls, and ceilings to ensure everything is in satisfactory condition.

In addition, examine the building’s age, shared facilities, and overall maintenance. Ensure the project still meets your standards and expectations.

Safety and Facilities

1. Safety is a critical factor that should not be overlooked. Confirm that the condo has effective security systems such as 24-hour CCTV surveillance and controlled access. Also, evaluate the amenities provided — fitness centers, swimming pools, children’s areas — and assess whether they are well-maintained and truly meet your lifestyle needs.

Study the Market and Evaluate Pricing Carefully

1. Before making a decision, do your due diligence on market trends and pricing in the area. Understand the average selling price, rental rates, and how the unit compares with new condos nearby. This is especially important if you plan to rent out or resell the unit in the future.

You can explore and compare thousands of condo listings by location, price, and unit specifications at www.serve.co.th.

Consider Location and Accessibility

1. Accessibility to key destinations such as your workplace, schools, hospitals, and shopping malls is a major consideration for comfortable living. Make sure the condo you are considering fits your lifestyle — for example, proximity to hospitals for medical needs or schools and malls for family convenience.

Financial Planning and Mortgage Preparation

1. Buying a pre-owned condo also requires sound financial planning. Prepare a realistic budget and be ready for related expenses. If you need a mortgage, review the interest rates, conditions, and your repayment capacity.

Also factor in additional costs such as ownership transfer fees, legal contract review fees, and insurance premiums that may arise.

Explore Over 20,000+ Listings of Pre-Owned Condos

At serve.co.th, you’ll find more than 20,000 pre-owned condo listings in Bangkok, ready for you to explore and compare.

If you have any questions or need assistance, contact us at 02-252-9955 or via Line ID: @ServePM. We’re here to help with everything related to finding and buying a second-hand condo.