Condos are the shortened term for condominium units. They are specific housing units with specific areas that are used to house a single person or a family or a group of people. In many cases, singles or a couple usually occupies one like this although some of the bigger ones hold families as well. These are usually found in a building in which each separate condominium is owned by the person residing in it but each individual in the building can have access to the public or common areas in the building. In some cases, the owners of the said specific unit can rent it out to other people as a form of investment. The lease or rental should be made known to the actual owner of the building where the units are located or the home association that governs the structure. The hallways, elevators, lounges and many other facilities are commonly shared by the owners of each separate area whereas; each individual space has different owners or renters.
Most condos are situated in buildings that have great facilities. The facilities are not the same with each structure but there are many common ones. These include utilities such as gas, heating, cable and others. Visiting lounges or lobbies are also commonplace for these kinds of establishments as well as parking slots for each individual condominium that is in the building. The parking slots are usually reserved for each owner or renter but the entire parking area is commonly shared by those who live here. Swimming pools and gyms may also be available for residents in the structure. These are easily appealing for those with families because they take away the hassle of having to travel far for the pool for kids to enjoy and the gym where the parents or older children can work out. Some condos have a shared garden at the top of the building or any other place that the architect may have situated it. These gardens help to relieve stress for many and to provide an area for children to play and families to bond.
The location of the building is also another factor that may hold the key for families to choose it. Condos need to be close to things such as schools and places of work in order for the children to have easy access to their place of education and for the parents to be able to go to and from work easily. One other pull why people choose a certain building over others is its closeness to areas of interest such as shopping malls, hospitals, parks and gardens. Structures located closer to the city are basically more appealing to those who have a lot of interest in having an easier time getting from one place to another within the city. Condos also hold more appeal for families if these are located in safe areas that are not hazardous for their children to walk through or play around.
These are just a few of the reasons why some families prefer condominium units over others in certain areas of the city.