Actually, there are many benefits of living in condominiums. Generally, they are better designed buildings, with functional spaces and are perfectly located. They are created near shopping centers, schools, hospitals, parks and popular areas. For several reasons, condominiums have become a great housing option for families, where you will have the opportunity to socialize with your neighbors.

More and more condominiums are being built. They have become an excellent option for those who love social life. They are made up to satisfy different tastes from those looking for a traditional house to the ones that are are looking for modern and shared spaces.

What is a condominium?

This is a group of private homes located on the same property. Each person is the owner of the space they lived in. However, they must share common spaces, such as green areas, terraces, parking, games, swimming pool and some other services available in the property. They will also share the expenses of the maintenance.

Maintenance Expenses:

The maintenance fee that normally must be paid  monthly and is intended to keep the common areas in optimal conditions. The expenses that must be covered in a condominium, generally, are: security service, cleaning service, garbage recollection, electricity and water expenses. Other expenses will be preventive or maintenance such as: elevators, water pumps, decoration, fumigation, gardening and in some occasions, administration fees, among others. Everything will depend on the characteristics of the condominium and the rules that have been established there.

Benefits of condominium living

  • Security: One of the greatest benefits of living in a condominium is that its perimeters are closed and have more than one security man to guard strategic points and make nightly rounds.

  • Reception and Access: The guardhouse is always manned by a guard who, in addition to controlling access, will be in charge of opening the entrance door, receiving correspondence, notifying visitors, important matters and other tasks that may arise.

  • Assured maintenance: The condominiums have an administration so you never have to worry about the common areas such as the playground, pool, streets, squares or reception areas being in perfect condition, since cleaning and maintenance are included in the common expenses.

  • Amenities and common use spaces: Due to the high number of people living in condominiums, they are equipped with all kinds of amenities, such as green areas, playgrounds, swimming pools, gyms, barbecue areas with grills, event rooms, and some even have movie theaters or co-working studios to function as small communities without leaving the condo, and all these recreational spaces are of the necessary size to serve all those who want to use them efficiently.

  • Capital Gain: When you buy a home in a condominium, you pay for your property but you get the benefit of acquiring the entire common area, in addition to its amenities and equipment, making them great exponents of the real estate market and its value increases every year.

  • Excellent distribution: Although it may seem that the large number of homes in a condominium could limit its square footage, the buildings are designed in a truly strategic and intelligent way, giving buyers the option to choose a home model that suits their needs without having to sacrifice space.

Spacious house in secure condominium

This spacious house is located in a nice condominium with common areas such as pool and clubhouse. The security of being located in a condominium, generates more confidence to the owners.

The spaces allow a family to live comfortably in this home. It has three bedrooms and two bathrooms, which make the infrastructure about 230 square meters, in a property of 295 square meters.

The house has a very cozy space with a terrace with barbecue area to share grilled meats with family or friends.

Another great benefit of this property is that it is located a few minutes from Route 1, so people do not have to go to the center of Grecia to get to the condominium. And at the same time, it is easily communicated with other cities such as Alajuela and San José.