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Pros and cons of condominium investing

Today, almost every country were repairing their economies because of the economic storm that is influenced by various factors could attack any country. As a businessman, you have a role in improving the economy of your country because if you are a successful business and provide benefits for your country, then you have a real contribution to the economic sector. One business that can provide benefits to the State is a real estate investment. There are many types of real estate that we can buy, but in Singapore condominium is a favorite for investors inside and outside the country. To date, there are several residences to be sold and everyone is ready to ship or private investors and it is iNz Residences. Located in one of the mass market condos which includes the popular district make iNz Residences become a favorite place to invest. Before we start to buy one of the condos at iNz Residences, better if we know the pros and cons of condominium investing.

Pros:
– Price, most of the condos have a cheaper price than the apartment so we could take advantage of to get the most benefit from investing.

– Variety, the uniqueness of condominium building can make customers interested in buying or renting for several years.

– No maintenance, we will not bother to clean the pool, mowing the lawn or cleaning the drains because all tasks have been given to someone else.

Cons:
– Limit the market, not everyone is interested in having a condo, especially for the rich. They prefer a luxurious and expensive, while the condominium is simple and inexpensive.

– Fees, with an affordable purchase price, the costs of condominium association are very huge include the cost of taxes and cleanliness.

– Parking Area, we probably never think about it but, in fact, this is a common complaint of condo owners. We will have difficulty getting the parking lot when hours after work because many owners directly place their cars to avoid the fullness of the parking lot.