If you are a developer and purchase the land, you can work with a common-interest community savvy attorney to develop the conditions, covenants, reservations and restrictions for land-use that you want for your plat.
Then you can build your building and sell units based on the Public Offering Statement required in your state.
If yours is an apartment building, again, you can work with a CIC-savvy attorney to convert your building to condominiums.
Key is process and your ability to meet all the requirements for this project.
There are some condominium projects in Chicago that are offering low interest with low down payment financing. Looking into foreclosure condominiums is also a good option. Sometimes you can save thousands in this type of property.
There are many places to look for Miami condominiums. One of the best places to check would be listings local to Miami. Another place to look would be property websites such as Zillow and VizCayne.
Townhome is a style of building: condominiums are a style of real estate ownership. All condominiums levy assessments that owners pay, which is used to operate the property. If a townhouse is part of a condominium association, then, yes, there are assessments attached to this unit.
Elysées Condominiums was created in 1972.
Meridian Condominiums was created in 1985.
Grande Condominiums was created in 2005.
La Rive Condominiums was created in 1987.
Park Plaza Condominiums was created in 1965.
Harbor Club Condominiums was created in 1992.
Trump Palace Condominiums was created in 1991.
Samuel T. Barash has written: 'Complete guide to appraising condominiums and cooperatives' -- subject(s): Condominiums, Cooperative Housing, Handbooks, manuals, Valuation 'How to reduce your real estate taxes' -- subject(s): Handbooks, manuals, Property tax
Residential condominiums are started by developers who either buy existing high-density, multi-family housing and convert it to condominiums, or who build new properties. The price of each unit depends on the location of the community, the amenities included there, and the interior size and finishes of each unit.