Like other real estate properties, there are number of advantages that you can derive if you buy a condo. A condo is a form of real estate property, which is a part of a building. The good thing about condos is that even if they form part of a building, you can own the unit that you are occupying and can do anything you want to it, as long as you are not violating the rights of other occupants. By owning a condo, you have a deed of absolute ownership over the unit once you have fully paid its purchase price.
A condo is ideal for people who are single and always on the go. If you are single and want to live in the heart of the city and be near downtown workplaces, you can do so by buying a condo. There are many condo buildings in cities all over the United States. Most of these condo units are affordable and cost a lot less that those houses in the suburbs, or those fancy townhouses. Condo units come in different shapes sizes, depending on the design of the building. Some of these condos are very spacious, while some of them are very compact and functional. The bigger the size of your unit, the higher the price is for it.
Condo buildings have common areas to where all the occupants of the building have access. The building administrator maintains these areas. In most condominiums, they have common facilities like swimming pools, fitness centers, and lounges where you can unwind at the end of the day.