In some areas, it is harder to sell a one-bedroom or studio unit particularly if it is not facing the beach. If this is a vacation home for your family perhaps the larger unit is best particularly if more than one buyer is sharing the cost. Many retirees have found that they need more space, at least a two-bedroom unit to accommodate family members and friends.Įven three-bedroom condos may not be out of the question depending upon the size of your family. You can buy a one-bedroom or even a studio condo but before you do, consider guests. The price range will depend upon the number of bedrooms as well as the location of the building and proximity to the beach. ![]() How would that affect your view in the future? Keep in mind that if you are buying a condo with vacant lots around it, one day they will not be vacant. Be sure not to overpay for a property without a view even if it is very nice inside. If living in close proximity to the beach is the real goal with ocean views a secondary consideration then buying at a lower price to live in the same area may be a better deal for you. Beautiful views come at an additional cost vs. You have a beach, a row of condos, and a service or highway.ĭo you want an ocean-side house (condo/townhome) or a view of other buildings? The price of your unit will be determined by the view and height of the building. Many condos near the beach are located on a busy road, it’s just how things work. Are you set on a condo located on sandy beaches or will you be happy a block from the beach?Ī waterfront home will cost more than a condo located a block or two from the beach but within walking distance. Regardless, this article covers most of the points you should consider before signing up for monthly payments.ĭo you want a scenic drive or warm weather, are you interested in water sports or just like ocean views? These and other things are part of your decision on the actual property you will buy. You may be looking for a primary home a vacation home or perhaps a short-term rental. It is most likely that your target will be a condo with perhaps views of the ocean. ![]() Condos can be built as large towers as townhomes own the land the unit is built on. Most beach areas offer condos rather than townhouses. Homeowner is responsible for exterior maintenance and common areas Less privacy due to shared walls and common areasĬondo association is responsible for exterior maintenance and common areas May have fewer amenities, but may have a yard or patio Often have more amenities, such as pools, gyms, and laundry facilities Own the interior and exterior of the unit, as well as the land it sits on For purposes of this article, I will consider both as being the same but there are real differences such as the following: Feature It’s best to start by describing the difference between a townhome and a condo. You may have already purchased your primary house so you know some things to look for but buying beach properties and in particular condos and townhomes present other issues. This article presents 21 things to consider before you sign an offer. ![]() Home buyers who are looking at beachfront property specifically condos and town homes need to do some homework. Considering buying that second home in close proximity to the beach? Looking at beachfront properties, perhaps an attractive beachfront condo? As with the purchase of any property, there are things you should take a closer look at.
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