If you have a small or moderate size family, living in a condo is a good idea. Your family can make use of and enjoy the facilities that are offered. Large families would prefer to live in a freestanding house since you have the space and freedom that a large family requires.
People who are seeking a great location, would enjoy living in a complex. Condo developers know exactly how to target their market and this is why you will notice that all condos are built in fantastic locations. Although some may better than others, every condo location has something unique and valuable to offer its owners. The 2 bedroom condo Grand Cayman Islands has to offer is situated in a beautiful and sought after location.
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Another benefit to living in a condo is the sense of community. Many condos have a high number or owner-occupied units which helps neighbors get to know each other. In some cases, a complex may contain a large number of units and in this case, sense of community may not be as pronounced as new tenants are constantly moving in and old ones moving out. The cost of buying a condo may also be relatively cheaper than buying a single family home in the same area. However, this is not true in all cases and there are many factors that must be taken into consideration when buying a condo, such as the shared outside living area and the monthly fees that are payable for being a condo owner as well.