Investing in a condo such as the SORA condo comes with perks and benefits, but how would you know if it’s right for you? To gauge whether you’d be a good fit, here are five things you should consider.
Living Space
Transitioning from a large space, such as a house, to a small space, like a condo might require an adjustment phase. This is especially true for families with several members. That said, will the provided living space in a condo be sufficient for you and your needs or lifestyle?
Location
Most premium condos are located at the heart of the city with good reason. Condo unit owners will have greater freedom and conveniences compared to living in the suburbs, and they might be closer to their places of work or school than other living accommodations.
Conveniences and Amenities
In a similar vein, you’ll want to be close to the conveniences you want while staying in an urban location. Pet owners will want a park where they can walk their furry friends, for instance. You may need to do a bit of research, but it’s possible that all that information is found online. Hospitals, schools, public transportation, and dining spots are the most sought-after by condo owners.
Nearby Landmarks and Leisure Spots
Once you’ve found a condo in a location you like, it’s time to scout out the possible leisure spots and landmarks you can visit. From there, you can weigh the pros and cons of the possible condo purchases in your shortlist.
Budget
The perfect condo for you is one that fits your spending budget. It’s better to spend a bit more if the features, amenities, and location line up with what you want, rather than settling for one that misses an element or two. A condo unit is a long-term investment, after all.