If you know what is a condo
and how it differs from other properties, you can make an advantageous real estate investment. Join us to discover why this type of real estate is so successful in Punta Cana.
What is a condo?
A condominium is a real property inhabited by several people. They are the exclusive owners of their homes and co-owners of the common elements
, which are managed jointly.
The co-owners pay a monthly fee to take over the maintenance of the community elements (gardens, gym, swimming pool, etc.). It is, therefore, a kind of private neighborhood
endowed with more security and comforts than conventional homes.
What is the difference between a condo and a townhouse?
In reality, the difference between the condo and the townhouse lies in the type of property
and not so much in the construction. Thus, the first is characterized by the co-ownership of common elements, something that does not necessarily happen in the second.
Depending on the type of construction, a condominium can be vertical or horizontal. However, by definition, townhouses can only be horizontal
. Consequently, only the former can occur in apartment buildings.
What is the difference between a condo and an apartment?
The biggest difference between the two properties resides in who owns the property
. The condominium belongs to multiple owners and the apartment building generally pertains to a single owner, with several tenants.
There may also be differences regarding the internal distribution of the home
. In fact, the condominium usually has a variety of interior designs and more improvements than the apartments.
How to buy a condo in Punta Cana?
Luxurious amenities, reinforced security, close neighborhood ties … As soon as you know what is a condo, you immediately realize that it is the best way to invest or live in Punta Cana
. Not in vain, the demand of this type of real estate does not stop growing in the Dominican Republic.
When you buy a condo in Punta Cana, experts emphasize the importance of doing it in a trusted real estate agency
. What’s more, only then do we get personalized advice and access to the best neighborhoods and properties in the Dominican Republic.
When it comes to acquiring condos, Blue Caribbean is your best option. Certainly, with more than 30 years of experience
behind it, it is one of the oldest real estate agencies in the Dominican Republic.
Blue Caribbean allows you to buy condos in Punta Cana with unbeatable conditions
. In fact, it provides a comprehensive advisory service (real estate, financial and legal) and has real estate in the more luxurious locations (Cap Cana, Bavarian Coast, Ocean Bay, etc.). What more could you want?
Now that you know what is a condo, it is much easier to start enjoying all its benefits. Get the most out of your investment in Punta Cana real estate
with the exclusive Blue Caribbean catalog!