Tag: condominium

Condo Master, The Online Condominium Management System

CondoManagement fees are generally in the top five of the highest expenses within a Condominium Corporation’s annual budget. If the unit is new and the agreement is between you and the declarant (developer), you are entitled to receive information about the survey, design plans of the condominium, declaration, by-laws and common elements rules and regulations of the corporation.

Buying a condo does not have to feel like “settling for less” as most condos come with first rate amenities such as a sizable terrace, a great view, a true loft, a location close to public transit or perhaps even a swimming pool or gym in the building.

Three of the most common causes of annoyance to condominium owners are pets, people and parking — the three Ps.” That’s why condos have rules and restrictions around them and other issues, such as noise and the number of people who may live in …

Investing In Condominium Real Estate In Pattaya, Thailand

Purchasing a condo when it’s in the pre-construction period might seem a little too hasty. Common elements rules are simply rules for the use of the common elements (for example, the number of guests you can have in the pool, at what time and on what days). These units might be rented yearly, like an apartment, or they might be rented out weekly for vacations.

4. Investment perspective: From an investment perspective both condos and apartments are considered to be great. Most condos are well-cared after, sometimes showcasing exquisite designs, modern appliances, and high-end finishes. Another important aspect is that most apartments cater to a middle-class income group while condos can vary from middle-class to high-class income group.Condo

You must also keep the condo maintenance fees in mind. Unlike an apartment, however, condo owners pay monthly dues to keep these amenities operating and in good condition. In order to manage …

Condominium For Sale In Singapore

CondoThe vast majority of people who live in condominiums never have a problem with their homeowners association. Apart from that, there are projects that involve the construction of promenades, shopping centers, offices and condos which are contributing heavily to giving an entirely new look to the Miami real estate market. Condominiums have conditions, covenants, and restrictions, and often additional rules that govern how the individual unit owners are to share the space.Condo

Senior condominium living is designed to provide a physically safe living environment for its residents. Waterfront condominium living can cut that cost in half, if not more. It defines the units and common elements and specifies the interest each owner has in the common elements.

Managing a condominium is one of the toughest things to do. This book contains back-to-basics principles that are typically not discussed by anyone else, but would be important for any building manager or …

Cooperative And Condominium Tax Abatement

CondoBy this point and time, many people have heard about buying preconstruction condos and some of the amazing profits that have been generated by these investments. In Finland , a condominium-like arrangement where the ownership of the real estate is assigned to specific apartments ( Finnish : hallinnanjakosopimus, Swedish : avtal om delning av besittningen) is usually used only with detached or semi-detached houses.

So, when you rent a condo, the individual condo owner is your landlord, but when you rent an apartment, the property manager that works for the corporation (the owners) serves as your landlord of sorts, though you may not have as much contact with them directly as you would a landlord because all members of the leasing office assist residents.

There are certain aspects of condo and villa ownership that are constant; for seven months from November through May, the climate will be ideal, there will …

Loft Or Condominium?

Buying a property is a big decision. Today, more and more people are opting to live in a condominium than in a traditional house. These condos do not come on the market frequently. Some of the most noteworthy facilities and amenities one should take on a condominium building include sports complex, swimming pool, fire exits, gym, etc.

Spas, waterfront landscapes and community rooms are accessible in almost all luxury condominiums. This could bring challenges depending on each party’s lifestyle, so pay close attention to how well the condominium unit is insulated. Each of these condos for sale are outfitted with full kitchens and sport private lanais, allowing you to watch the sun kiss the horizon as you enjoy a home cooked meal.

However, if you would like to invest in essentially tourism-related condos, then you should reach beyond the Central Valley and explore the markets in Guanacaste, Arenal, Puntarenas, Manuel …

Construction Condominium

A condominium in itself is a great investment for the first time home buyer. Small condominiums of less than 10 units are not required by the act to have a reserve fund study completed by a person qualified to conduct these studies under the act. Even when the real estate market has been through its worst, the sale of condominiums in Naples, Florida has hardly dwindled.

They are owned in common with all other unit owners and are for their mutual use and enjoyment (for example, hallways, elevators, mechanical equipment, lawn and swimming pool). Apartments in a rental building are usually designed in the same way and have similar layouts, amenities, and decorations, while condos carry the owner’s personal taste and touch.

Condo owners often pay higher monthly maintenance fees, which go toward exterior and community space repairs. Before you buy a condo, look beyond the condo fees and the …

High Rise Vs Low Rise Condominium

CondoNaples, Florida is a dream destination for any prospective real estate buyer. If this is your first foray into real estate ownership or you are an existing homeowner who would like to reduce their debt load you can have confidence that investing in the Toronto condominium market will be a smart investment decision. Some owners include HOA fees and utilities as part of the rent for a flat fee, so you’ll pay once per month for all the basics.Condo

Unlike village associations, the management team of condominiums usually take care not only of the common amenities, but also of the repairs and maintenance your unit needs. All other areas, including the building exterior, lawn and communal areas, are property of the Homeowners Association (HOA).

One of the biggest benefits of living in a condo is that other people do the maintenance for you. Sometimes the term ‘condo’ is used often …