answersLogoWhite

0


Best Answer

Investing in a condominium as a non-resident investor can mean that you enjoy a revenue stream from tenancy of the property that you own, with a landlord's responsibility only for the interior of the property. The external assets are maintained, preserved and protected by the association based on assessments that you pay.

The advantage continues so long as you have a paying tenant, and so long as your property qualifies as a rental.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the advantages of investing a condominium?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the advantages to multinational companies when investing in Mauritius?

what are the advantages and disadvantages to multinational companies by investing in A HOST COUNTRY?


Are there any tax advantages for investing in annuities?

The tax advantages for investing in annuities is most have. On your tax return you will recieve credit for having it.


What are some advantages of investing online?

Some advantages of investing online is that you can check on how your investments are doing whenever you want to. You can also buy and sell when you need to.


What are some advantages to investing in Chinese ETF's?

Some advantages of investing in Chinese ETF's is the success rate of the increase in stock that the EFT's will have. Chinese ETF's are the vehicles of the future.


Whats investing and why is it important?

Investing is to spend or devote for future advantages. It is important for either financial of mental security.


Advantages of investing in other companies?

To make money as the earnings of a company grow


What are advantages of investing in Ghana?

The foreign investment incentivesand high economy growth


What is a highrise condominium?

A high rise condominium is a tall building with condominium units.


What is the difference between a condominium unit and a condominium phase?

A condominium unit is a single unit in a condominium project, whether residential or commercial. A condominium phase is a development period, during which a developer builds, finishes and/or sells a set or collection of condominium units.


What part of speech is condominium?

"Condominium" is a noun. A noun is a person, place, or thing.


When was the declaration of condominium of oceanquest condominium recorded?

You can find the answer you want in your local hall of records where the Oceanquest Condominium is located.


When was Carbonell Condominium created?

Carbonell Condominium was created in 2005.