Facts:

Condo living is on the rise in Naples, Florida. There are many advantages in owning a condo unit in Naples, Florida and the surrounding areas, including exclusive parking areas, pools, private gyms and a 24 hour security system. As the city develops by the year, more and more people are investing in their own condo units for various reasons such as buy and sell businesses.  As more and more people flock into the developing urban centers of this beautiful region, investing in a condominium unit for your own use or for reselling is becoming a viable option for many. The condos are luxurious structures with modern themes while others have a Mediterranean flavor to them. Most of them can be found within the busier areas of the cities that’s why going to work or practically anywhere else is not a problem.  The other great thing about having a unit is that they are cared for by the management of the building such as maintenance repairs and alarm and recording systems.

History:

The condominium buildings boomed as the cities in the Paradise Coast thrived over the previous years. There were already hotels as ever since the founding of Naples, and luxurious ones at that. This gives testament to the number of people that have been pouring in the city, whether as tourists or permanent residents, ever since it began. However, as far as condominium units are concerned, we’re guessing that they have been around after the Second World War or perhaps even before that. But we’re sure that the industry started booming in the 60’s and the early 70’s and just kept on growing from there. People who wanted a permanent dwelling in Naples, Florida have preferred them precisely because of their proximity to the major establishments in the city as well as having a good view of the beach. And true enough, many of the high-rise condos you see in Naples, Florida can be found along its beaches. Today, condos units are not only a good housing option; they’re also a lucrative source of investment because they are very easily resold.

Tips:

  • Condos appeal to singles, newlyweds or people with smaller families who are starting out a new life. If you fit into any of these categories, you may want to consider getting your own unit.
  • Condo units in Naples, Florida are of walking distance to shops and other important establishments in the city. This gives you an opportunity to swing by the beach and appreciate some of the views.
  • The prices of condo units go up very quickly. If you are looking for a solid investment plan, try putting your money in one of the condo units because they almost always sell like pancakes.
  • Although the building’s management is responsible for the maintenance and upkeep of your condo, they make take quite the sum from association fees to keep everything steady, be prepared for this.
  • Although condos and actual houses are quite similar when it comes to price, the condos create more value for your money.

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