Tired of living in an apartment? Need to downsize? Then a condominium, or a condo, may be the home solution for you. But what is a condo? “Apartments are defined as renter-occupied units, while ... Want to know the difference between a condo and apartment? While they appear quite similar to each other, they are extremely different from one another. Scroll down for a detailed comparison between them based on rent, maintenance, resale value, etc. A condominium is a property divided into single units for sale, with individual ownership of the air space and shared ownership of the common areas. Learn how condominiums differ from apartments, houses and townhouses, and what are the advantages and disadvantages of this housing option in India. While condos and apartments are similar, they have some major differences. Here’s what to know when comparing a condo vs. an apartment.
