Condominium

A condominium (Condo) is a type of housing where several people own separate units in a larger building or complex.

Each unit is owned by an individual and the common areas, such as the lobby, pool, and gym, are shared by everyone who lives in the building.

Condominiums are often popular because they are often located in desirable areas and offer amenities that single–family homes don‘t.

What is the difference between a condo and a townhouse?

A condo is a type of housing where several people own separate units in a larger building or complex. Each unit is owned by an individual and the common areas, such as the lobby, pool, and gym, are shared by everyone who lives in the building.

A townhouse is similar to a condo, but it is usually smaller and more like a single–family home. Townhouses may have more amenities like a private backyard or a garage.