Are you looking for a new place to live? Perhaps you are not into renting anymore, or recently got rid of a lot of your things, and want to scale down on your living space. Moving to a Hawaii condo is the most logical step after your kids have become adults and left, or once you as a young adult have graduated and want to start living in a cheaper, small place. There are some advantages and disadvantages to condominiums that you may want to know before purchasing one.

The Pros of Living in a Condominium

1)   You are Secure. Condominium complexes provide one of the best security services that have gates with hire guards and CCTV cameras monitoring the property 24 hours every day. If you vouch more for safety, you will feel safer knowing the property administrators are always keeping watch.

2)   Amenities. To attract the residents and potential buyers, the condominium complexes offer good features such as a gym, swimming pools and a clubhouse for social events that one might want to partake in. There are also social events that are hosted throughout the year, and through them you can know your neighbors better and lead a healthy social life.

3)   You get Upgrades. Condominiums that are new usually come with more innovative fixtures and appliances. You may also have the freedom to choose the way your condominium looks by choosing the type of carpeting, the color of the wall, the wallpapers and type and color of the tiles anywhere in the house.

4)   It is convenient. If you are looking at living in a smaller place, the condominiums offer a spacious enough property that will not overwhelm you. You can be comfortable without feeling like you are hoarding everything. Also, many condominiums in recent times tend to build shops and shopping complexes within their community, so you walk to a movie or the grocery. This saves a lot of time and costs.

The Cons of Living in a Condominium

1)   Issues with Privacy. Sometimes your condominium may be attached to another one. This may cause issues if you have noisy neighbors playing loud music or is always parking in your space. This may causes issues with adjusting, as not everyone is comfortable or quick to adapt with an environment such as this. Although bad neighbors are not only limited to condominium, it may increase your problems.

2)   Assessments – A lot of condominium complexes have assessments that determine if there are repairs that need to be made. The money to keep the condominium up to date and modern comes from the residents. Before buying a condominium, ensure that the assessment is about to come up; so that you do not get a large bill that you have to pay.

3)   The Space. Some condominiums usually prefer open, large spaces given that you paid the required value for it. But if you prefer a more elite type of space with gourmet kitchens or a big garage to hold your belongings, you will want to research your options thoroughly before moving into the place you want. 

Latest Honolulu Condos for sale

$85,000

Bishop St, Honolulu — Century Square

Tenant occupied. Shown by apt. call agent..531-5677 or 371-1966.

  • Beds –
  • Baths 1.0
  • Tenure LH
  • SqFt. 400
  • MLS 1106547

 

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$382,000

320 Ainakea Wy, Honolulu — Hale O Nai'a

Rarely available. Must see! Spacious unit in boutique condo. Completely renovated, spacious unit at the end of Waikiki. Fully furn...

  • Beds 2
  • Baths 1.0
  • Tenure FS
  • SqFt. 774
  • MLS 1106546

 

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$379,500

411 Hobron Ln, Honolulu — Chateau Waikiki

Highly desirable. 31st floor in one of Waikiki's most popular buildings Chateau Waikiki. Diamond Head, ocean views. Perfect locat...

  • Beds 1
  • Baths 1.0
  • Tenure FS
  • SqFt. 540
  • MLS 1106544

 

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$355,000

1765 Ala Moana Blvd, Honolulu — Ilikai Marina

Ilikai Marina is literally one of the closest fee simple condos to the water in all of Waikiki! Enjoy panoramic marina, ocean and ...

  • Beds 1
  • Baths 1.0
  • Tenure FS
  • SqFt. 651
  • MLS 1106541

 

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$349,000

1720 Huna St, Honolulu — Nuuanu Park Place

Great location, you are minutes from everything. Property situated next to Liliuokalani Park and is a pet friendly building! Des...

  • Beds 3
  • Baths 2.0
  • Tenure FS
  • SqFt. 950
  • MLS 1106531

 

$688,000

1230 Kapiolani Blvd, Honolulu — Moana Pacific

Corner, End unit on the 34 rd floor with breathtaking views of ocean,mountain,city, form diamond Head to Manoa,3 bdroom, 2 bath, 2...

  • Beds 3
  • Baths 2.0