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Condominium ownership is also used, albeit less frequently, for non-residential land uses: offices, hotel rooms, retail shops, private airports, marinas, group housing facilities (retirement homes or dormitories), bare land (in British Columbia) and storage. The legal structure is the same, and many of the benefits are similar; for instance, a ...
Prominent examples in Hong Kong include Severn 8, in which a 5,067-square-foot (470.7 m 2) townhouse sold for HK$285 million (US$37 million) in 2008, or HK$57,000 (US$7,400) per square foot, a record in Asia, and The Beverly Hills, which consists of multiple rows of townhouses with some units as large as 11,000 square feet (1,000 m 2). Commonly ...
They might be 25–50% cheaper than a hotel room, and the apartments typically offer additional amenities such as kitchen/kitchenettes, washer and dryer. Some companies permit pets. Booking procedures may include credit checks, damage and holding deposits, and departure cleaning fees. [ 2 ]
A condo hotel, also known as a condotel, hotel condo, or a contel, is a building that is legally a condominium but operated as a hotel, offering short-term rentals, and which maintains a front desk. Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts. [ 1 ]
In India, the term bungalow or villa refers to any single-family unit, as opposed to an apartment building, which is the norm for Indian middle-class city living. The normal custom for an Indian bungalow is one storey, [ 11 ] but as time progressed many families built larger two-storey houses to accommodate humans and pets.
A duplex house plan has two living units attached to each other, either next to each other as townhouses, condominiums or one above the other like apartments. By contrast, a building comprising two attached units on two distinct properties is typically considered semi-detached or twin homes but is also called a duplex in parts of the ...