Buying a pre-construction condo as an investment property is a great way to see a return on your money. However, there are pros and cons to every investment decision, and this one is no different.
Condos are a great investment if you do your homework and plan ahead!
You’ve been eagerly waiting throughout the construction period for your brand new condominium building, and now your move-in date it only months away. You’re all set to go.
Every type of building comes with fees. For condos, it’s the aptly named condo fees.
Pre-construction condos are purchased before they’re ready to be lived in. Depending on the reason you’re buying the unit, this might not matter.