continental condominiums


November 30, 2010

The Benefits Of Condo Living

Filed under: Condominium Articles — Tags: , , , , , , — admin @ 1:05 pm

Condos offer you an alternative lifestyle for many individuals especially those who prefer to be independent and have their own place to call home that is affordable and at the same time more convenient that buying a conventional home. This type of living quarters appeals mostly to single young professionals as well as small families. Condo living offers a different type of lifestyle and living conditions for people. It is cheaper than having your own property and build your own home from the ground up. Condo units also offer a host of amenities like guarded parking space, 24 hour security, swimming pool, clubhouse etc. that you won’t enjoy unless you own a condo unit of your own.

There are many types of condominiums available out there. Each type can satisfy the different needs of different individuals. There is what is known as a condominium apartment and there are those also known as condominium townhouses which might have slight differences with each other save for their structure type and ownership regulations. There is also another type known as freehold townhouses that you might want to check out. Whatever type you might prefer, you must bear in mind that condo living will be a lot more different than the traditional home environment that you might be accustomed to.

Condo living is so much different from owning or renting a single dwelling home or apartment. This is because of the dual nature that comes with every condo unit ownership. Condominium owners hold ownership over their respective units but each one sharing responsibility over the operating costs and maintenance of the shared elements in the property such as lobbies, passageways, elevators etc. that are essential parts of a condominium complex. By choosing to live in a condominium, you are choosing to live within a community of other condo unit owners who become your instant neighbors. Each condominium complex is a community in itself and each owner accepts and follows the standard rules and regulations unique to condo living.

If you think that condo living might be difficult, wait until you see the advantages that come with choosing to live in your own condo unit. First of all, a condo unit is less expensive than owning a single detached dwelling which may take you years to save for before owning it. If you want to have your own place to live in immediately, then owning a condo unit might be the best option for you to take. With living in your own condo unit, you might also be able to enjoy the amenities and shared facilities like the pool, clubhouse, and weight room that are usually part of most condominium complexes. In a condominium complex, you also become part of a unique community where you are an integral part in the whole decision making process.

But then again, there are also some things that you should also know about condo living. Depending on each condo complex, there might be some restrictions being followed such as on owning pets, or having outdoor barbecues. Each condo unit owners are also requested to follow some rules of conduct on common areas such as passageways and lobbies. In a sense, a condo unit owner might not be as free in his own “home” because he also has to respect the rights of his “neighbors” living just a wall apart. That is the challenge that condo living carries with it. It will depend on the person if he will be able to come to grips with it.

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August 1, 2010

Condo Living – Your Homeowner’s Association’s Annual Meeting

Filed under: Condominium Articles — Tags: , , , , , , , , , , , — admin @ 8:05 pm

Of all the activities while residing in a condominium, the most important for a unit owner is to attend the annual meeting of the homeowner’s association.

Usually, great care is given by the elected administrators and the professional management firm in preparation of the annual meeting.

A notice is sent weeks prior to the annual meeting, and a condo owner has no excuse not to attend.

The administrator usually the president or the secretary of the association will read the minutes of last year’s meeting and will then present the report on the state of the building .You will learn what happened during the last year, what is planned for the next year, and if need by a five or ten year plan of capital expenditures will be presented to the owners.

The financial statements will then be presented by an outside, independent firm and you will be able to assess the quality of the management of the funds by the administrators and the manager. It is very important to differentiate the usual expenditures that are covered by the income/expenditures report and the status of the capital expenditures that should be dealt with in the most attentive way. The reports from engineers and contractors listing what has to be done on an on-going basis to ensure the worthiness of the building will give the owners peace-of-mind since it will prevent the unit owners to face unplanned and unforeseen expenses that could prove catastrophic. To be forewarned is to be forearmed. The annual meeting is a unique occasion for unit owners to meet and find out the state of the building and the resources necessary to keep in good shape.

A condo is in many ways a very large part of an owner’s net worth. To participate and to inquire during the annual meeting about the state of your asset is the most important responsibility for a conscientious and responsible owner.

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July 16, 2010

Flamingo Condominium Mixes Elegant Living With Miami Beach Style

Filed under: Condominium Articles — Tags: , , , , , — admin @ 8:07 pm

The Flamingo is a beautiful high-rise condominium in the center of South Beach, FL. However, unlike other condominiums in Miami Beach, The Flamingo sets itself apart because it’s not only a place to live, it’s a lifestyle! I witnessed this ultra sexy lifestyle first hand when I visited the property for one of their famed pool parties a couple weeks back. There was so much beauty to behold that it was difficult to decide what to put your attention on!

The gorgeous infinity pool is set right on the bay overlooking the Downtown Miami skyline. It has a cascading water-fall feature that just adds to its magnificence. The lounge furniture that surrounds the pool was plentiful and filled with the sexiest bodies South Beach has to offer!

Next was the fun, casual, resort style atmosphere that only The Flamingo can create. There was a phenomenal DJ playing all of the latest hits. 944 Magazine was having a promotional event featuring their magazine and some of the latest fashions in swim wear. Stations of free ‘Mojitos’ and rum with mixers were available through out the entire deck overlooking the pool. What more could you ask for!?

As a guest, I felt like I had entered the Garden of Eden! It became clear that The Flamingo has the reputation of being and offering so much more than just a place to call home! I now understand The Flamingo’s famed saying, “South Beach revolves around us.”

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June 28, 2010

The Many Benefits of Living in a Condominium

Filed under: Condominium Articles — Tags: , , — admin @ 8:08 pm

Often, people that want or need to rent a home will look at a single family house, duplex, or apartment but another option that comes with tremendous benefit is living in a condominium. Over the past few years, this type of living has grown in popularity, which offers a long list of benefits over other types of rental property. Best of all, living in a condominium is a great cost-saving solution, allowing you to pay off debt and put money in the savings account.

Some of the other benefits that go along with living in a condominium include the following:

* This type of living situation is extremely convenient. For instance, a single family home usually comes with lawn care and other maintenance issues that can be time-consuming, which makes condominium living much more manageable. If you travel often for work or enjoy taking vacations, then you would probably not be home all the often so the fewer the responsibilities the better. * You will also find that condominium living offers a higher level of security and safety. These homes are connected, extremely private, and many communities now offer 24-hour, onsite security. In fact, some of the newer and nicer condominium communities are gated, which means you would have a key or need special access in by going through security personnel.

* You would also have the chance to meet people around you, feeling more a part of the overall community. For people that live in condominiums, you want to spend some time getting to know your neighbors and to assist; many management teams offer monthly parties or social gatherings so people in the community have that opportunity.

* Condominium living also comes with opportunity for various types of recreation, as well as amenities. As an example, most communities have a swimming pool, clubhouse, and fitness center or workout room, and many now provide a business center too.

* The alternative lifestyle that condominium living offers is very appealing to many people, giving them the chance to live independently but also enjoying far more convenience than with other types of rental property.

* Although anyone could live in a condominium, this particular type of living is most popular among people in their 20s, 30s, and 40s, which could consist of a young person just getting started in life, a single professional, or even a small family.

* When compared to renting or buying a single family home, living in a condominium is much more affordable Although it might take a little upfront money to settle in, especially when buying, after being in the condominium for a few months, you will find the mortgage payment easy to manage.

* Even location of condominiums is very intriguing. Most communities such as this are located in or near downtown, making it easy to get anywhere you need to go within minutes. Living in the heart of the city is great for younger and single people, giving them an opportunity to enjoy dining, entertainment, and other venues close to home.

If you are thinking about renting or buying a home but you want something unique, a less stressful and more affordable option, condominium may be the ideal solution for you. This style of living is fresh and exciting, urban living but in a chic way. You will even find that condominiums come in different sizes and styles, as well as amenities. For instance, condominiums are also referred to townhouses or condo apartments, each with something special to offer.

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June 24, 2010

Benefits of Condo Living

Filed under: Condominium Articles — Tags: , — admin @ 8:16 pm

What is the right type of house for you? As you decide to buy a new house for yourself, there are a variety of options that come to your mind. Apartments, single homes and condominiums are a few options that you can weigh as you decide to choose the best that suits you. The suitability depends upon the price, area, amenities being offered as well as the location of the house.

Condominiums are often touted as the most upscale of the entire lot; hence the price range also tends to be in the upward bracket. If you have the budget to go for one, then a condominium is certainly a good choice. There are lots of benefits of choosing a condo as against any other type of property that you would like your family to enjoy. There are different sizes of condos available in the market, hence you need not always end up buying a huge house which you think you cannot afford to buy or maintain in the long run. The sizes start from one bedroom condos to duplex apartments to even four bedroom bungalows.

As you browse through various options available in different areas, it is worthwhile to list your preferences before you zero in one to buy. The condos have a host of benefits. These are basically gated communities with a collection of houses or apartments, with individual ownership of each unit and a joint ownership of the common areas and amenities, which consist of the common places like park, car park, walkways, swimming pool, gymnasium as well as amenities offered like common lighting and landscape. Condominiums have benefits which similarly priced single homes do not have. These include swimming pools, well maintained landscapes, and gymnasium or health centers. The maintenance of these are taken up as a joint venture, with each owner contributing to it. Most communities have welfare associations or hose owners associations who take the responsibility of arranging for manpower and materials required for upkeep of such common areas and amenities. The bills are submitted during the annual general body meetings and scrutinized by the residents, who end up sharing the costs. This is a democratic way of functioning and has yielded good results so far, as far as the upkeep is concerned.

The ownership of condos are a bit different when compared to normal single houses. The ownership details are normally contained in documents known as condominium documents. These have the exact common ownership details as well as rights and responsibilities of each owner. Most banks require you to submit these documents as part of sales agreement while applying for a mortgage loan. While buying a condo, it is advisable to contact real estate agents who specialize in condominium deals. They have a thorough knowledge of the various aspects related to such a purchase and shall be able to advise you on availability of different condos in the markets as well, with the price ranges that are being offered.

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June 13, 2010

Benefits of Living in a Waterfront Condominium

Filed under: Condominium Articles — Tags: , , , , , , , , — admin @ 8:37 pm

A condominium in itself is a great investment for the first time home buyer. Condominiums are not only spacious as opposed to apartment style housing, but they are relatively affordable compared to traditional housing. However, when choosing the best backdrop for condominiums, a waterfront property has a plethora of benefits. Here are a few of the more underrated benefits of living in waterfront condominiums.

One benefit of waterfront condominium living is the overall visual aesthetic. No one wants to live in a condo with a view of the parking lot. Waterfront property allows for a distinctive and impressive visual appearance. Most waterfront condos come equipped with balconies, too, so waterfront entertaining, or just enjoying a fresh water breeze can become a lifestyle reality.

Another advantage of waterfront condo property is the price. Affordable waterfront property is a hard find. A home on a waterfront property can cost a buyer anywhere between $100,000 to the millions. Waterfront condominium living can cut that cost in half, if not more. While living in a spacious condominium you can also reap the benefits of waterfront housing.

One of the greatest incentives to living in a waterfront condo is the lack of required maintenance most waterfront homeowners endure. From bulkhead to dock maintenance, there is no task to small in regard to waterfront home maintenance. A major convenience of waterfront condominium living is that all of the waterfront maintenance is handled by experienced staff on the property.

Waterfront condominium living can make any person feel as though they are on a lifetime vacation. From water activities to just relaxing by the shoreline the incentives are virtually endless to choose to live in a waterfront condominium.

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June 4, 2010

High-Rise Condominium Living – A Buyer’s Guide

Filed under: Condominium Articles — Tags: , , , — admin @ 12:38 am

Before considering an investment in a high-rise condominium home, it is a good idea to educate yourself about the benefits of condominium living. Get to know your options before selecting a location.

Condominium homes come in a number of varieties, including: townhouses, apartments, semi-detached, detached and hotel condominiums. Condos – as they are also known – are the preferred locations for many individuals and small families who want to maintain an active lifestyle. They are often situated in an urban or resort-type environment.

If you are considering a specific high-rise condo property, you can confirm with the landlord or real estate agent whether or not it is a condominium. There are several advantages to choosing a high-rise condominium for your home, including the following:

Premium Locations

Most high-rise condo homes are located in premium locations, often being situated near hotels, close to restaurants, on waterfronts or around shopping hot spots. They are even sometimes located near famous public places or major business centers. The majority of high-rise condominiums are available at or near the center of a city.

Ready Access to Public Transportation

High-rise condominium homes are usually situated very near to key access points to public transportation systems in the area such as train stations, bus stations and light rail. This makes them ideal for the on-the-go professional.

Luxury

One piece of good news for individuals, couples, and families considering high-rise condos is that they offer luxury at an affordable price. These homes offer a place for people to relax on weekends and evenings, entertain guests, and enjoy home life.

If you are considering investing in a high-rise condominium living opportunity, you will benefit from considering these advantages as you make your decision about where to live.

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