Advantages of living in a Condo
Deciding to buy your own house is one of the most significant decisions one takes in life. Moreover, you are overwhelmed with so many options. One of the most basic and standard options one faces is a house or a condo. There are costs and benefits attached to both. The condo is mostly the option of first-time buyers or sometimes older buyers. People who are looking to invest in a good vacation stop are also interested.
Condo vs. House
Condos are brought into shape as mid-rise or high-rise buildings. They come with features that often appeal to the liking of people. Their modern and space-saving features such as underground parking and elevators make living in them a convenience. Condos often give the feel of luxury living with their resort-style amenities.
Maintenance
A condo comes with minimal maintenance. You subscribe to a monthly HOA which charges you a fee. However, they look after all the support outside of your living environment, including the lawn, pool, other inspections, or any additional routine maintenance. All you have to do is maintain the inside of the condo, and you will be good to go with regards to maintenance.
Amenities
If you are buying a house, getting a pool and other lakeside luxuries could be purchased separately, depending on the location. However, with a condo, all of this comes with no additional cost. Not just this, but other amenities also come without any additional costs. HOA takes care of everything; however, you are bound to pay them whether you use these services or not. But who doesn’t want to?
Privacy
Condos are known for the security they offer. They should be constructed in a way to maximize security and privacy. If done rightly, condos can provide unmatchable noise blocking with the aid of noise insulation. So, if you are a peace lover and a noise hater, condos bring an amazing deal in the house for you. Condos can be complemented with larger patios to increase privacy from your neighbors.
Foreign Ownership
Although this doesn’t apply everywhere, in Thailand Condominiums have the advantage of allowing foreign ownership up to a 49% quota per building. Foreigners cannot own land in Thailand which makes owning a house not possible directly, so Condominiums become an attractive alternative.
House has to be located in rural or suburban areas. As a result, they are located quite a distance from restaurants and other utilities. On the contrary, condos can be located near fine dining locations, making a good and luxurious life easily accessible.
Safety
Condos offer modern technology to provide security and safety for the community. You can also install secure entry doors to enhance the security of the condo. Since condos are located in gated communities, it automatically adds to the security allowing all the residents to leave all their worries of safety behind and relax. Worries of locking the condo when leaving for a while becomes the thing of the past.
To conclude
The greatest advantage of living in a condo is the convenience it brings with it. The enhanced security and amenities make it an amazing place to live in or choose as your permanent residence. Moreover, low maintenance makes life further easier.