If you’re thinking of buying a home on Marco Island, you may be considering condos—and if you are, here’s what you need to know.
Should You Buy a Condo on Marco Island?
Maybe you prefer maintenance-free living, or perhaps you like to enjoy relative privacy without being too close to your neighbors.
Either way, it’s important to weigh your needs and wants when you’re searching for a home for sale on Marco Island. This guide will help you make your decision.
Pros of Buying a Condo on Marco Island
Living in a condo gives you a certain degree of freedom; freedom from lawn maintenance, freedom from security worries (provided you buy a condo with security measures in place for the whole building), and the freedom to enjoy community amenities (like a fitness center or swimming pool). It’s a little like living in an apartment, except you actually own the interior space.
In many cases, condominiums are more affordable than single-family homes, too, which makes them a little more attractive to some buyers.
Cons of Buying a Condo on Marco Island
When you own a Marco Island condo, you’ll have to be part of a condo owner association—and that costs money. Most condo complexes charge monthly, quarterly, or annual dues that they then use to keep up the community spaces and amenities. Condo association fees vary greatly, depending on where you live on Marco Island, but you can expect to spend between $200 and $400 per month on these fees alone.
You might be able to hear your neighbors through the walls, and when they’re in the hallway; you’ll also be subject to the condo association’s rules, so you’ll have to check before you make any major improvements (especially if those improvements affect the exterior of the condo building).
Are You Ready to Look at Condos for Sale on Marco Island?
If you’re thinking about buying a condo on Marco Island, we’d love to help you find one that’s just right for your needs.
Call us at 239.821.7926 or get in touch with us online to tell us what you’re looking for. We’ll help you find it.
In the meantime, please feel free to explore our condo listings:
- Beachfront condos for sale on Marco Island
- Gulf condos for sale on Marco Island
- Golf course condos for sale on Marco Island
- Inland condos for sale on Marco Island
- Water direct condos for sale on Marco Island
- Water indirect condos for sale on Marco Island