Is it better to buy a condo or a single family home?
There are pros and cons to each property type. A condo will obviously provide for easier maintenance from afar and also shared maintenance costs with other owners in the complex. You’ll also be able to advertise the extra amenities in the complex. For example, you might not be able to afford a home with a pool, but if you buy a condo, your guests will have access to the pool in the complex. Vacation condos are also usually built in the best locations because the developers have enough money to invest in that land. At the same time though, there can be limits within the homeowners associations when it comes to rentals. You’ll also lack privacy because you’;re sharing walls with your neighbors. A single family home, on the other hand, will provide for much more privacy. In general it can also be less expensive per square foot. However, you have to maintain the exterior and the grounds yourself. You might also have some association limitations in this case as well. And lastly, determining
