What is the difference bewteen a luxury apartment and a condo?
Answers:
The difference between any type of apartment or condo is that you rent the apartment, usually under a lease agreement; you purchase the condo to own (you'll have a mortgage on it just like buying a house).
Other answers:
an apartment you rent by the month
a condo you purchase and pay a monthly mortgage on, like a house
an apartment you rent by the month
a condo you purchase and pay a monthly mortgage on, like a house
You pay to own the condo...you will never own the apartment, nice as it may be...
a condo has a long lease ,or you can buy , most of the time a condo is nicer than a apartment
you pay for both but one you get to own......