When purchasing a condominium, it is crucial to also take into account the maintenance and management of the unit. Condos often require maintenance fees to cover the maintenance of communal spaces and amenities. Although these fees may increase the overall cost of owning a condo, they guarantee that the property stays well-maintained and retains its value. To further ease the burden of management, investors can opt to use the services of a property management company, turning their investment into a more passive source of income. Additionally, considering mortgage options can assist in financing the purchase of a condo.

Living in a bustling urban environment can be exciting and invigorating, with its vibrant energy, diverse culture, and endless opportunities. But as much as we may thrive in the city, we also crave moments of peace and serenity. That is why many people strive to find a balance between urban chic and …