For those who want more amenities but with less maintenance and affordable costs, Myrtle Beach condos for sale are what you’re looking for. A condo unit would be perfect for you especially if you’re looking to save time and money in travelling to and from your place of work as there are many condo buildings located near the business centers.
There are other benefits of living in a condo unit. However, it is important that you also consider the disadvantages of condo living before you decide to purchase one. Spend time thinking about the pros and cons to help you make the right decision. Remember, a condo is a form of real estate investment that doesn’t come cheaply, although it can be more affordable than a home. Make the most out of the money you will be spending on this purchase by really thinking whether or not this is right for you.
Here are some of the pros and cons of Myrtle Beach condos for sale that you would like to consider.
1. Perfect for a variety of buyers – If you are planning to rent out the condo unit, you could benefit greatly from it since you aren’t likely to have problems looking for potential buyers. You can rent the unit out to families who like to be near parks, malls, and other entertainment centers. Of course, this will depend on the location of the condo.
You can also rent it out to an empty-nester who is downsizing. Living in a condo would work perfectly well with his or her finances while keeping him entertained by living with others on the same floor level and being near establishments and hubs.
2. Minimal maintenance – Myrtle Beach condos for sale offer you absolutely zero responsibilities in cleaning and maintaining everything outside your condo unit. But of course, you will have to pay for these through the monthly homeowners’ association fees. Everything inside your unit, you will have to clean and maintain on your own. But it’s great to be able to use the amenities such as entertainment rooms, game rooms, gyms, and spas without the weight of regularly cleaning and maintaining them; as long as you don’t slack in paying your monthly dues.
3. Convenience – Aside from being near to your place of work, entertainment hubs, malls and parks, you also have 24 hour unlimited access to the building’s amenities. These include a gym, spa, game rooms, entertainment halls, and other facilities depending on the association. That’s real convenient, especially if you’re finding yourself working longer hours.
A couple of the disadvantages that you might want to consider include the costs and the limitation on your freedom to decorate and/or expand your living space. Living in a condo, you would have to pay an additional amount every month on top of your monthly mortgage for the homeowners’ association funds. What’s more is that the rate of how much you pay the homeowners’ association could increase anytime depending on the current economy.
In addition to costs, another disadvantage is the limitation on your freedom to decorate and/or expand your living unit. In a condo, the amount of space you paid for inside the unit is the only space you will ever have. This is unlike living in a real estate home, where you could plan an expansion, renovation, or an upgrade anytime you want. With a condo, you cannot do any expansions. Some allows upgrading and renovation but you would have to make a lot of requesting for approval and applications before they approve your request.
Make sure you work only with the best Myrtle Beach condos for sale professional to help you make the right choice. Call Jerry Pinkas Real Estate Experts now.
Jerry Pinkas Real Estate Experts
604 N. 27th Ave
Myrtle Beach, SC 29577
Where you work only with licensed and certified Myrtle beach condos for sale professionals.