Published:
November 1, 2025
Updated:
November 23, 2025
Yes ✅ — owning a condo (condominium) is considered real estate ownership.
When you buy a condo, you own your individual unit (the interior space of your apartment), just like owning a house. You also share ownership of the building’s common areas — like the lobby, pool, gym, roof, and hallways — through the homeowners association (HOA).
Related: Can you permanently live in a condo?
So yes, condos are real property — you get a deed, can build equity, and can sell or rent it just like any other real estate.
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