subject: 55 Plus Condominiums: Are They right For YOU? [print this page] A separate segment of condominiums are the 55 plus condominiums. It's an often-reported fact that as population is aging, and as such Condominiums in general are becoming quite popular. A separate segment of (Condos}Condominiums} are the 55=plus type.
These are units with restrictions which state that the owner of the unit must be at least 55 years of age. By the way, only ONE of the occupants of a unit needs to be of the specified age. For example, if the wife is 55, and her husband is 42, they qualify..... and I must add, "Good for Her!!!!" For the right person, there are a number of advantages to these 55 plus condos. Here are some: 1) Security: Many of these 55 plus condominiums are built with safety in mind, sometimes with security cameras but almost always with good secure locks on well-lit entry ways. 2) Handicap accessible: Many buildings feature wider-than-normal hallways, doors and bathrooms, to allow access via wheelchair or walker. 3) "Community Spirit": Quite often, the residents organize weekly pot-luck dinners, shopping trips, card-games and other trips. 4) "Birds of a Feather": Since everyone in the building is of similar age, and many are retired, owners tend to have a lot in common, and friendships are made easily.... if you WANT to do so. 5) Conveniences: Local grocery stores often arrange weekly bus-trip to their stores. Some condos arrange for a local doctor to attend monthly, or bi-monthly for a general visit. 6) Amenities: 55 plus condominiums often feature amenities not found in regular condos. Things such as a library, a meeting room, a lounge with kitchen, a fitness room and more. Home owners who are thinking of selling their houses for a variety of reasons (want to travel, no more yardwork, security issues), but don't feel they are ready for a retirement community, might well consider checking out a 55-plus Condominium. For more info on Condos please check my blog listed below.
