Owning a condo allows them to have a home at the beach, without the time and energy needed to perform yearly maintenance on the home and yard. Often, coverage for the maintenance of the condo is included in the association fees. This is not always true, so it is important to check before buying a condo. The associated fees could be more than you are expecting, in some cases, depending on the level of the amenities the complex offers.
The most expensive condos are going to be the ones on the oceanfront. Like any home on the Outer Banks, ones with views of the water are going to demand a premium. This is also true when you go to sell your home. Also, if you are planning on using your condo as an investment, the oceanfront condos will often have much stronger rental seasons.
Currently, the most expensive condo on the Outer Banks is located in the Croatan Surf Club, which is promising to be the premier condo facility on the Outer Banks. Currently, the highest priced unit for sale is listed at $924,900. From there, the prices go downward to a $100,000 condo in Kill Devil Hills. As you can see, condos are available for all price ranges and all tastes. Posted by Mike Bishal on
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