Discover the Fascinating World of Real Estate: Understanding the 4 Property Listing Types

Welcome to the exciting world of real estate where dreams become reality! Are you looking to buy, sell, or invest in property but unsure where to start? Then you've come to the right place. In this blog post, we will dive into the four different types of property listings (bareshell, standard, fully-fitted, fully-furnished), providing you with a better understanding of the market and how to make informed decisions. Get ready to enhance your real estate knowledge and take one step closer to turning your dreams into a reality.

Why is this important?

When making a property purchase, it's crucial to have a thorough understanding of the different types of property listings. This is because the project and contract will specify what's included in your unit purchase, and this can have a significant impact on the price. For instance, an unfurnished unit may be more affordable compared to a fully-furnished one, and vice versa.

Failing to take note of the different types of listings can lead to misunderstandings and potentially costly mistakes. For example, you may end up purchasing a unit that's not up to your standards if you're not aware of the unit type or condition. By knowing the types of property listings, you'll have a better understanding of what to expect and can make an informed decision that best aligns with your needs and budget.

So, whether you're a first-time buyer or a seasoned investor, understanding the different types of property listings is a vital step in the property purchase process.

Bareshell (Unfurnished)

This type of unit is essentially unfurnished, with only the bare essentials like flooring, walls, and ceiling in place. All furnishing and any necessary modifications, such as plumbing or air conditioning installations, are the responsibility of the buyer.

Is this type of unit ideal for you?

This type of unit would be ideal for customizing and self-decorating as you would like, you could even repurpose this bareshell space as a store, restaurant, or office.

Pros

You are able to make your own decorations and furnishing along with installations.

Cons

Costly self-furnishing and installations with the help of technicians, engineers, and architects. Therefore, not suitable for those whourgently want to move in.

Tips

Choose a bareshell unit that's mostly fitted so you only have minimal furnishing and installations to do

Standard (mildly furnished)

Akin to the bareshell unit, the unfurnished unit is a vacant space albeit with at least 30% furnishing done. In addition to the necessities such as flooring and ceilings/walls, the unfurnished unit now eliminates you of the need to self-install utilities such as the water, electricity, or plumbing so that you may prioritize furnishing the unit as you would like.

Is this type of unit ideal for you?

Much like a bareshell unit, an unfurnished unit is completely customizable, only easier since an unfurnished unit eliminates you of the need for self-installation of utilities.

Pros

Easier to furnish than a bareshell unit thanks to pre-installed utilities and clear interior space dividing

Cons

Costly furnishing akin to a bareshell unit.

Tips

Make sure to inspect utilities such as the water, electricity, or plumbing before making your purchase.

Fully-Fitted (mostly furnished)

Moving onto something more standard in the way of furnishing, we now have the fully-fitted type of units. These types of units further eliminate you of the need for self-furnishing and even moreso self-installation thanks to not only being pre-furnished to a significant extent (such as including closets, the bed frame, kitchen counters etc.) but also installing the sink, bathtub, shower, toilet, and other sanitary hardware.

Is this type of unit ideal for you?

This type of unit is perfect for residential purposes thanks to its significantly pre-fusnished nature, eliminating you of the need to completely self-fusnish everything yet still customizable as you would like.

Pros

You only need to add minimal furniture (optional, depending on preference) due to most of the necessities such as the bed frame, cupboards/wardrobes/closets and others already being included. No costly self-installations of utilities.

Cons

Still costly due to adding additional furniture, so this unit might not be ideal for those who want everything ready on the day they move in.

Tips

This type of uunit is one of the most common types of units available, at least 70% of projects in Thailand offer at least fully-fitted units to help ease the costly burden on their customers.

Fully-Furnished (All set and ready to move in)

A fully furnished unit, as the name suggests, is completely decorated with all the furniture needed and ready for you to move in as soon as you would like, becoming the most popular and most sought-after option for unit types and conditions. Examples include beds which now have mattresses installed in addition to the bed frames unlike fully-fitted units only including just the bed frames.

Is this type of unit ideal for you?

This type of unit is perfect for residential purposes as well as those who would like to move in instantly and not have to worry about having to add or furnish anything else.

Pros

Completely furnished and ready for you to move in.

Cons

Fixed room and furniture layout in which you will not be able to make alterations to, so choose wisely according to your furniture preferences.

Tips

Make sure to check the furniture for durability and whether or not it poses a problem in cleaning.

Comparisons

Conclusion

In conclusion, understanding the different types of property listings is crucial for anyone interested in real estate. Whether you're a buyer, seller, or real estate professional, having a clear understanding of the different listings can help you make informed decisions, save time and money, and ultimately achieve your real estate goals. From exclusive listings to open listings, each type has its own unique features and benefits. By becoming familiar with the four property listing types, you can navigate the real estate market with confidence and make the most of your real estate investment.

Click here if you are interested in properties for sale or rent, or if you have properties to list. If you have any further questions, please get in touch with us