Condos For Sale In Guam

Condos for Sale in Guam

Guam has an engaging society, and its traditions and customs have flourished since the beginning, regardless of attacking victors, wars, and evolving governments. It has expanded into a vibrant, modern way of life, retaining its cultural identity, language, customs, and cuisine.

Music plays a significant role in the island lifestyle, and singing is an essential element of Guamanian music. The Kantan Chamorro way of singing is a kind of improvised poetry and has been a unique type of amusement for generations. Customarily it was utilized to ease extended periods of gathering work activity, started by one vocalist who might sing the recognizable four-line serenade, exchanging clever comments with another worker. Music performances are heard using traditional instruments, such as the Belembaotuyan creating a stunning melodic sound. Another popular instrument is the Kantan, a nose flute made from bamboo and initially used by men to serenade their sweethearts.

Guam's traditional arts and crafts are vivacious, and visitors often have the opportunity to watch master craftsmen such as weavers and blacksmith at work during cultural fairs, exhibitions, and at Chamorro Village. An incredible spot to encounter and find individuals and the culture of Guam is to visit Chamorro Town, Hagåtna, close to Agana Marina. The best ideal opportunity to visit is the Wednesday night market when residents can appreciate an energetic evening of free diversion with nearby live groups playing anything from neighborhood folk tunes to rock and roll. Likewise, this is a phenomenal spot to search for traditional arts and specialties or purchase neighborhood plants, fish, and other fresh produce.

Although living on the islands offers a different lifestyle that many are not used to, it provides a laid-back lifestyle for those looking to slow down and enjoy the simple things a little more often. There are various housing options in Guam, but a popular choice is a condo living for multiple floor plans and locations. Condos available to be rented or purchased can be found throughout the entire island at different price ranges suiting many potential buyer's budgets. 

What is a Condo?

A condominium, called "condo" for short, is an exclusive individual unit inside a local area of different units. Condo proprietors own common regular areas, like pools, carports, elevators, and outside passages and rec centers, to give some examples. While condos are typically found in highrise structures, you can discover segregated apartment suites also.

Why buy a condo?

For some purchasers, the response to this inquiry is effortlessness. With most condominium developments, residents need to deal with the interior of their homes. A professional administration organization handles the remainder. There's no yard to cut, flowerbeds to keep up, or carports to be cleared free from snow.

Another critical piece is the price tag, condos have historically been more affordable than single-family homes, and that trend continues today! Condos are frequently found cheaper in terms of taxes, too. A smaller space means a smaller bill from the county district.

Likewise, there's a local area life that single-family homes don't give, including shared spaces and conveniences, occasions, and much more. It's significantly simpler to take off and pursue travel or occasionally live in another location with the true serenity of realizing that all that will be dealt with once you lock the entryway.

What is the difference between an apartment and a condo?

Apartments and condos can appear to be identical, yet the critical distinction between an apartment and a condo is possession: You own a condominium and lease an apartment. The two homes typically have various floors and units on each with shared conveniences and common areas, like an exercise center, pool, and parking. In specific networks, condo suite owners can lease their units to occupants, as well.

What is the difference between a condo and a house?

Living in a condo, it's your home, yet it is anything but a house. That is a significant differentiation, especially with regards to upkeep. Consider on the off chance that you claimed a detached single-family home and the rooftop should be fixed. As a property holder, that cost would fall totally on your shoulders. Possessing a condominium implies that cost would almost certainly be parted between other local area homeowners, and a bit of it may likewise be paid for the reserves of the homeowners association.  

Should I rent or own a condo?

Finances will be the primary fundamental consideration that addresses this inquiry. Similarly, as with any home type, when you purchase a home, you'll need a large amount of cash for an initial installment, as well as closing costs. Leasing a condominium can likewise be an incredible chance to test a specific structure or neighborhood before making a long-term responsibility.

Pros of living in a Guam condo

If you're considering purchasing a condominium, it's imperative to gauge the advantages and difficulties so your choice suits your way of life and spending plan.

 Here are some top things to consider. Pros:

• Lower-maintenance living: Since most, if not all, exterior maintenance on condos is handled by the HOA
• Sense of security: Some condo communities have security staff, and the entrances are more challenging to access from the outside. Depending on the building, some have secure entrances and parking, a concierge, other amenities that increase security and safety to each of its residents. 
• Opportunities to be social: Some HOAs organize events like pool parties and barbecues. 
• Affordability: Condos tend to be more compact and require less land than single-family homes. Condos are a more affordable way to own property. For some first-time purchasers, condos make ideal starter homes precisely on the terms that they don't have the upkeep and maintenance of a detached house but still reap the benefits of ownership and building equity.
• Amenities: Depending on the condo community, residents may have access to high-class amenities like a grilling area, business center, dog park, pool, covered parking, clubhouse, and more! 

Guam Condo Real Estate Market

Guam condos for sale are affordable and provide an ideal lifestyle for people with a bustling lifestyle. Whether you plan to purchase a condo for you to live in or as a rental property, Guam condos are a significant investment and well worth the money! 

Prices of Guam condos for sale are relatively reasonable, with some starting as low as $40,000. But most condos can be found in price from $100,000 and $300,000. Many of the condos in Guam are either two bedrooms or three bedrooms, with many complexes offering amenities such as pools and security guards. On the high end of the spectrum, some condos can go as high as $1,400,000 and boast various amenities such as being right on the ocean and having a vast floor plan in the central location of downtown Tumon Bay.

Guam condos for sale are concentrated in the main villages of Tamuning and Tumon in terms of location: 

• There are a few condos in Dededo and Mangilao, but being in the main towns is what most residents want.  
• In Tumon, most of the condos are located on the cliffside of San Vitores Road, while there are a few located on the beachside of Tumon Bay. 
• Right along Agana Bay, another popular area for condos is the Tamuning area.  
•  The most common area for condos in Guam is the surrounding Guam Premium Outlet in Tamuning. The location is convenient for many being close to work and play.

Guam condos for sale vary in size, but the standard size of Guam condos is the three-bedroom two-bathroom units, but there are quite a few two-bedroom and one-bathroom units available for sale. A classic three-bedroom unit will usually be in the range of 1,000 to 1,300 square feet in terms of square footage. The size of a two-bedroom condo unit would be about 800 to 1000 square feet.

Now the Guam condo's condition varies significantly with some gorgeous condos with beautiful landscape and excellent paint. Some condos need a bit more love with updates and renovations on the other end of the spectrum.  

Amenities of Guam condos for sale are a vital aspect to keep in mind. All condos have a typical area fee, and the costs are used to upkeep and maintain the building and the amenities. On Guam, many condos boast a swimming pool and lovely lawns. A bonus for the high-end condos is the secured entry, tennis court, playground, and basketball courts. Purchasing a condominium isn't as expensive as residents may suspect and ought to be a possibility for financial backers and individuals with a bustling way of life.

A list of Condo Buildings in Guam:

Condo living in Guam is perfect for those looking for a low maintenance lifestyle, retirees, vacationers, and investors alike. The small island boasts beautiful scenery near the warm blue waters and has a very affordable market for island living. 

Guam Beachfront Residences | 825 Pale San Vitores Rd, Tamuning, 96913, Guam | Condominium complex in Tamuning, Guam

Tumon Horizon Condominium | 1128 North Marine Corps Dr, Tamuning, 96931, Guam | Condominium complex in Tamuning, Guam

Agana Oceanview Condo | 328 8, Mongmong-Toto-Maite, 96910, Guam | Condominium complex in Mongmong-Toto-Maite, Guam

Tumon Vista Condos | 144 Leon Guerrero Dr., Tamuning, 96913, Guam | Condominium complex in Tamuning, Guam

Agana Beach Condos | 125 Dungca Beach Way, Tamuning, 96913, Guam | Condominium complex in Tamuning, Guam

Oka Towers Condominiums | 162 Western Blvd, Tamuning, 96913, Guam | Condominium complex in Tamuning, Guam

Agana Bay Condo | Trankilo St, Tamuning, 96913, Guam | Condominium complex in Tamuning, Guam

Guahan Court Condo | Condominium complex in Mongmong-Toto-Maite, Guam | Mongmong-Toto-Maite, 96910, Guam

Sabana Condominiums | Big Eye, Tamuning, Tamuning, 96911, Guam | Condominium complex in Tamuning, Guam

Poinciana Garden Condo | Tamuning, 96913, Guam | Condominium complex in Tamuning, Guam

Alupang Cove Condominiums | Tamuning, 96913, Guam | Condominium complex in Tamuning, Guam

Flora Pago Garden Condominium | Chalan Pago Ordot, Guam | Condominium complex in Chalan-Pago-Ordot, Guam

Above are a few of the condo complexes and buildings in Guam available to the residents for purchase. Depending on the lifestyle you are looking for, the condo complex residents decide to look at as they all weigh in different factors such as amenities, location, views, size, and property condition. 

Why buy a Condo with Modern Realty Guam 

Buying a condo with Modern Realty Guam has never been easier with THEIR team full of the most significant level of real estate representation and advocacy while filling in as purchaser and seller specialists. The team at Modern Realty is always learning, growing, and collaborating as a team to improve reexamining measures utilizing creative innovation to help excellent assistance. The Modern Realty Guam team is dedicated to the highest standards, systems, and performance necessary to fulfill all of your real estate dreams.

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