Private condos are standalone units within a condominium complex. They offer full ownership of the unit and often provide more privacy and autonomy compared to other condo types. When you own a private condo, you have the freedom to make changes to the interior, decorate it according to your taste, and even rent it out when you’re not using it.
When on the market for a condominium, you’ll find large complexes with hundreds of units or small converted homes with two to four units. The ownership of these condos might differ; they might be leasehold or freehold. In addition, condos are managed by condo associations that impose certain rules and restrictions on owners. The condo association governs how common spaces can be used, to what extent condo owners can make improvements or changes to their units, and sometimes who can enjoy those spaces with them. Both kinds of dwellings are …