The best way to explain it is,
When you live in a Condo, every time you come home you need to go up sometimes several floors in parking, then get in the elevator and meet thousands of people that share that elevator with you. Not to mention how inconvenient it is when your hands are full. The nice thing about a condo is that you don't need to worry about a backyard or alarm systems or some other things that you do in a house. To me there is nothing better than park your car in front of the door to the house and be in your living room in less than 5 seconds. What you pay in HOA fees at the end of the day is going to be the same as the insurance, yard maint, alarm system, pool maint, and some luxury buildings also include cable,water and internet. I went through the same decision not long ago when I purchased my home and I will be more than happy to share my thoughts and experience with you.
Barclays Luxury Real Estate