Nowadays, a condominium is one of the most popular types of residency in the urban area. With Penrose, your choice in choosing the right home is expanding. Condos itself is a combination of Latin, namely con which means together or joined, and dominium, namely ownership or control. From this meaning, it can be taken into account that condos are jointly owned buildings. Residents have the right to live but do not have the right to rent or even sell it to others without the owner’s knowledge. Meanwhile, condominiums are condos whose functions are for sale and are owned by each occupant. The owner has the right to inhabit, rent, and sell it to others.
Penrose condos provide luxury amenities, such as a large swimming pool, fitness center or gym, spa, sauna, and others. What is the condominium management system? Because the function is indeed for sale, the management of this house is carried out more professionally by the building management. Besides, the condo is usually already equipped with furniture or furniture complete with professional interior design. It’s certainly very efficient, so you don’t need to bother buying furniture. In other words, after buying, the condo is ready to use. In contrast to condos which can usually still be found in a state of space only. If you want to add furniture, the occupants also usually have to negotiate with the owner of any furniture that would be included and used.
What is the price and cost of condominium maintenance? What we know, the cost of maintenance of condos such as security costs, water cleanliness, electricity costs, and so on is done separately with the purchase price or rental price. However, not with a Penrose condo. Almost the same as financing private home maintenance, all forms of condo financing has been done and calculated at the beginning. The owner no longer pays monthly fees such as parking fees or other shared facilities. So, don’t be surprised if this residence does have a much more expensive selling or buying price.