A home is where the heart is. There is no doubting the universal truth. No matter what type of place you call home to the luxurious Hyde Park Reminiscent Marina One residences to a teeny, tiny single house. House, a flat, a condo becomes a home only when you feel utterly comfortable in the place. Here, we are going to give you reasons why a condominium makes for a perfect home for you. As mentioned on www.realtor.com/ and browsing through properties and buying a condo as your first home is a good idea.
A condo or condominium differs from an apartment only on the factor of ownership. Condo units in a complex can be owned by a single person while one entity owns apartment units. Condos are therefore individual residential units in a building compound. A condominium complex is managed by the community’s homeowner association. Metropolitan cities have seen a rise in the popularity of condos in the recent years. This is because for families and first-time homeowners they offer many advantages.
A condo offers both privacy and the opportunity to socialize. It allows you to have your own space while living close to other people. For the young, a standalone home may seem to offer more privacy hence, be more tempting. But, at heart, humans are social animals. We crave to meet new people and make connections. Having neighbors makes it easier to forge new friendships. A home is a long-term investment. Factors that seem vital at present, like complete privacy, may not be so important ten years down the line.
Another reason condos offer the best of both worlds is the facilities. Buying an individual house does not come attached to pleasures like a state-of-art gym or the swimming pool to dip in on a hot, humid night. Condos, on the other hand, come equipped with all this and much more like designated outdoor areas for games and sports. For the new generation, these facilities can be heaven sent. They allow one to kick back and relax after a long day at work.
The last but the most important reason Condos are your best friend is the zero maintenance they need from the owner’s side. For individuals who buy a standalone and high-end house, maintaining it is a constant headache. With no time to spare for pleasures, there is hardly any to keep up with the upkeep a home requires. Condos offer an escape. It is the housing society that has to take care of all repairs and general maintenance of the condo units. The onus on the owner is to pay the fee for the upkeep.
From landscaping to repairing roofs to putting a fresh coat of paint, every part of the condo is taken care by the homeowner’s association. All you have to do as a condominium owner is enjoy life. When condos offer so many benefits and advantages over individual houses, it is hard not to choose them as the preferred property.