I have been looking for a condo recently and have been doing a lot of research on the topic. Here are some advantages of living in a condo that I have found while researching:
Accessible location - The search for a new home always begins with the location. Finding a condo near relevant points of interests to you (schools, work, hospitals, etc) makes your life so much easier.
Safe environment - Property developers always put their clients’ safety as the top priority.
Low maintenance - Living in a condo takes away the stress of maintaining a big space. Yes, you would still have to pay fees, but these are already included in the association dues you shell out every month
Sensible amenities - Another part of your monthly association dues go to the maintenance of shared amenities, which are one of the joys of living in a condo.
On the flip side, One major drawback to condo life is association fees, which are used to building maintenance and amenities, such swimming pool, gym, etc., and the amount of which depends on how big your apartment is. These fees can increase when extra money for maintenance or upkeep is needed. In addition, some buyers do not like homeowners’ rules and restrictions associated with condos, and the noise that comes with having a neighbor living too close to you.
I hope this helps! If you need more info on topics like this, I have found that some blogs and real estate websites are really informative. Check out: http://www.zipmatch.com/blog/
for example. Lots of great, relevant content for anyone looking to educate themselves on homebuying.