Posts Tagged: executive condo after 10 years

Some Facilities Of Executive Condominiums

Executive condominiums offer so many benefits. They also offer a wide range of facilities, which is why many people consider them to be luxury establishments. Choosing an Executive condo comes with its prestige and class. And with so many executive condominiums being established, housing is taken to a completely new level. You can see Altura EC for more information.

Parks

Car parks are one of many amenities available to unit owners in Executive condominiums. The car park can be constructed in a variety of ways. The car parks may be multi-storey or underground. The underground parking is much more convenient. It is better to choose an underground car park because it is close to the housing block, and there is shelter available until you reach your home. This is a quicker option as you won’t have to walk around the park in circles if you arrive late.

Other Facilities

Many facilities are available when you stay in an Executive condo. The facilities, even though they are mostly communal, can be of great use to you whenever needed. The Executive condominium often comes with its own swimming pool. Many times, a pool will be surrounded by sun loungers and a lot of space where you can enjoy the sun.

In order to encourage physical health, many developers have included a gym within their properties. Most developers include a gym in their establishments.

There are BBQ pits that can also be found in the community. These help to foster a sense of belonging and interaction with neighbors. Residents also have their own parking spot, meaning that they won’t be battling for parking spots. It is convenient for residents of the Executive condominium.

Another amazing service is the security. Security is available 24/7 so that the residents can be protected against any unwanted persons. Most Executive condominiums charge monthly maintenance fees. It’s usually charged every month. You will find that it’s totally worthwhile.

Purchase options

A contract called an option gives you as the owner the right but not the obligation to purchase or sell underlying assets. It gives the buyer the right to buy the Executive condo. It is usually a percentage of the price paid for the unit. It is impossible to transfer this right. It is impossible to sell an option on the market. In 3 weeks you will receive the contract by post and decide if you wish to exercise it or not.