Difference between a Condo or Apartment in Bangkok

What is the difference between a condo and an apartment for sale?

In Bangkok, a building that is for residents which is owned by one person or a company is what we call an apartment building. That means the renters are not owners and they rent from the owner such as the company which owns it. Every apartment is available for rent and this is managed by the company. So to purchase an apartment for sale in the pure sense of the definition you would be purchasing the apartment building with all the units.

On the other hand a condo is a building in which each unit is owned individually by the residents. Condo units can be for sale or lease , so when you buy a condo for sale you buy the individual unit. These fall under the condo laws of Thailand while the apartments do not.

An apartment typically is a long term 1 year, or rarely 6 month terms. Utilities such as electric and water are not usually included.

Condos have a monthly condo fees and each unit may be responsible for their own utilities cable etc depending on the arrangement of the condo association.

Apartment building for sale are typically not available to foreigners as individuals. However the foriegn owned Thai corporation may be able to make such a purchase of commercial property.