Definition of «condo»

Usage examples

1. Buying a condo: You can purchase a condo as your primary residence or as an investment property.
2. Renting a condo: Renting a condo is a popular option for individuals and families looking for a convenient and low-maintenance living environment.
3. Condo association: Being a member of a condo association allows you to have a say in the decision-making process of the community and ensures the well-being of the property.
4. Condo amenities: Condos often come with various amenities such as fitness centers, swimming pools, parking facilities, and community spaces for residents to enjoy.
5. Condo fees: Owning a condo typically involves paying monthly or annual fees to cover the maintenance, security, and management of the building and its common areas.
6. Condo regulations: Condos often have rules and regulations in place to maintain cleanliness, noise levels, and overall harmony among residents.
7. Condo living: Living in a condo offers a sense of community and can provide a more affordable housing option in areas with high real estate prices.
8. Condo resale value: When buying a condo, considering its potential resale value in the future is an important factor to ensure a good investment.
9. Condo location: Condos are available in various locations, such as urban areas, beachfronts, or suburban settings, offering different lifestyles and access to amenities.
10. Condo security: Condos often offer enhanced security measures, such as gated entrances, security guards, and surveillance systems, providing residents with peace of mind.