A lot of us think a vacation home is somewhere in a remote location, away from the hustle and bustle of the big city. However, these properties are expensive not only to invest in but also to maintain. A condo at Pinery Residences can serve as the perfect alternative, as they typically come with these benefits.
The Perks
People usually go on vacations to do the things they can’t do at home. With a condo, the amenities are readily available the moment they step inside the building. Some of the perks include spas, fitness centers, common entertainment spaces, and swimming pools. Nowadays, they’re situated near a nearby park or green space to de-stress and relax. Even better is that you don’t have to spend a fortune on building a swimming pool or a hot tub.
As an Investment Potential
Investors might see a newly-built condo as an opportunity in more ways than one. It’s appealing because it has a lower initial investment, which means there’s a lower risk. In addition, it’s a great way to own a property. Condo units as short-term rentals are becoming more and more popular, as they could offset the costs of owning one. On the other hand, would-be vacationers can spend less money and get the same experience whether they’re in the same country or outside.
Homeowner Support and Ownership
One of the biggest hurdles of a remote vacation house is the maintenance. You’d have to regularly visit it and make sure it’s in tip-top shape. You’ll also have to do the repairs and make it attractive to guests and your family. A condo is usually managed by the homeowners’ association, covering utility management, landscaping, and general maintenance in exchange for a nominal fee. The trade-off is often worth it for busy individuals and families.