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Condo properties should certainly be the investment of the future. Condo living is like getting your own spot but with no the upkeep. It really is like swimming in the pool without having to be concerned about the Ph balance.

It's like becoming able to stroll around lovely, big grounds with out getting to worry about when you are going to reduce the lawn. It really is about having your screen door get stuck with no having to get down on your hands and knees to repair it.

And all these motives are linked to the purpose why it might be the investment acquire of the future. It has to do with 'ease of living' - which has to do with the huge numbers of child boomers who are coming up to retirement age. They may possibly not be into condos but ..... Many of them might initially want to lead a a lot more active life while they nevertheless have a surplus of energy.

Even so, probably by the time they are into their late seventies or eighties they may possibly be searching for the less complicated life! A life with a person to support with the upkeep: a life in a condo!

The sort of pampering that you can expect in a condo complex will largely depend on the kind of service that is presented when you purchase the location. The term complete service is often quoted, but some full service tariffs are fuller than other people!

Just before you acquire a condo, verify the full service list. Does it have a limit on the yearly quantity of upkeep calls you are entitled to? Are there routine maintenance checks integrated in the contract? Is there a buying shuttle and could you have any input into the choice of shop?

Are there any guidelines in the prospectus that you would not like to concur with? For instance, are outside barbeques permitted on your balcony or patio? Is there limit time for noise at night?

Ask to have the complete service list in writing and dated. When you draw up a purchase agreement, have the full service list attached to it as an appendix and have the terms of it signed into the contract.

Make sure that you do not only appear into the lay-out of the unit and the facilities supplied. There are other important aspects. What is outdoors the resort wall? Something? It has extended been a complaint of condo-buyers that there is no nearby town to stroll to.

How private is the beach, if there is one. If you are taking into consideration purchasing a condo as an investment for feasible future sale to a baby boomer, bear in mind that you will be opting for the facilities required by an older person.

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