The search for safety and comfort has encouraged people to seek real estate in subdivision and closed condominiums. As the attributes of the two types of real estate developments are similar, it is normal for people to be confused and not sure what to choose.
In this post, we will explain how each type of property works so that you can assess which one is more compatible with your needs and expectations. Read on and make a smart decision!
Characteristics of the gated community
The Law 4.591 / 64 provides for gated communities with residential or no purpose. Check below the main attributes of this type of housing, governed by the Legislation.
Access to other areas of the land
When you purchase a property in a closed condominium, in addition to the fraction corresponding to your property, you also have free access to the common areas of the land, including all the leisure infrastructure: party room, swimming pools, courts, playground, gourmet kitchen etc.
In this case, the owner must pay monthly for the maintenance of these areas, based on the famous condominium fee. Residents who do not assume the expense will be considered in default and will be subject to penalties, including the loss of equity to settle the condominium debts.
Third party entry control
One of the great differentials of closed condominiums is the access control of third parties, since the internal circulation routes are not public. Usually, the ordinance has electronic camera monitoring systems and employees responsible for authorizing or not allowing the entry of people who are not residents, such as visitors and service providers.
Existence of convention and internal regulations
Residents of a closed condominium must follow everything that is decided in a convention and that is included in the internal regulation of the property, such as the rules for the use of common areas and the pricing of the condominium fee. As for the Property and Urban Territorial Tax (IPTU), the ideal fraction of property is charged, which includes private and common areas.
The Law 6,766 / 79 provides for allotments, which are nothing more than subdivisions of urban land in buildable lots. Next, we list the main attributes of this type of housing, governed by the Legislation.
Access to own lot only
Whoever acquires land in a closed subdivision only has the right to their own lot. This is because, when the city hall approves the road system, access is free for the population. Unlike the closed condominium, where the liquidator is responsible for collecting the condominium fees, in the subdivision, there is no such function.
However, there may be the figure of an administrator, whose role is only demanded if there is an association in the subdivision responsible for providing services to the owners, such as maintenance tasks.
Free access to third parties
In a closed subdivision, the roads are public. Therefore, there is no restriction on entry into the field. However, in most cases, a circulation control agreement occurs. Thus, those who do not live or work in the subdivision, need to present documents to access it.
In some situations, the city may even grant residents exclusive use rights, signing a lending contract and authorizing the installation of a concierge system similar to the condominiums’ operation. However, you can revert this consent at any time.
Possibility of association of residents
Closed allotments do not have a convention or rules of internal regulations, such as rules for animals. What may be there is the existence of a residents’ association to manage the undertaking and be responsible for the collection of maintenance fees for roads and accesses.
However, owners are not required to be part of this association. As for the Property and Urban Territorial Tax (IPTU), residents of closed subdivisions must pay only the fees related to their own property.
When purchasing a property in a closed subdivision, the ideal is to observe in the purchase and sale contract if there is a clause that points to the existence of some type of association. Recalling that, if there is an agreement with the city government to grant use, the responsibility for the maintenance of the road system becomes the subdivision and no longer the municipality.
Advantages of each type of housing
Of course, there are pros and cons in each situation. Generally, the biggest advantage of closed subdivisions in relation to condominiums is the price, which is usually a little more affordable. In any case, it is necessary to consider that, in the existence of a residents’ association, extra maintenance fees may be charged. We list the benefits of each option in topics.
Advantages of the gated community
- Right to use the leisure areas of the condominium.
- circulation routes restricted to residents;
- greater control over third-party access.
Advantages of closed allotment
- It is usually a little more affordable;
- there is no need to pay a condominium fee;
- there may be a contract with the city to grant use.
How to choose the ideal house?
First, it is necessary to be aware that the acquisition of home ownership requires prior planning and defined budget. As we are talking about a large investment, it is not possible to act on impulse and run the risk of getting into debt. In addition to planning well, it is essential to know for sure what type of property you are looking for. Start by thinking about the following aspects:
- apartment size ;
- neighborhood infrastructure;
- property standard;
- leisure area attributes;
- condominium security.
Adequate housing should be one that meets your real expectations and interests, in addition to being compatible with your family routine. There is no point in acquiring a wonderful property, but that is far from everything, right? Think about these questions and also evaluate your future plans: do you intend to increase the family? What is the ideal apartment size? Does the standard of finish and the quality of the facilities meet your requirements?
Reflecting on these issues also helps a lot when making real estate contact. Knowing for sure what type of property you are looking for, it will be easier for brokers to find options that suit the profile. This favors service and streamlines decision making.
Now that you know what are the differences between the subdivision and gated community, just consider your needs and choose which is the best option for you. Remember to count on a specialized consultancy to make sure that you are doing a legitimate and reputable business!
Enjoy and like our Facebook page to stay on top of the best trends in the real estate market!