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Updated 7 months ago,
Condo market in Stamford, CT
Hello everyone,
I'm currently living in Massachusetts and house-hacking (mid-term rentals). I am considering purchasing a condo in Stamford, CT, to use as my personal residence, as I'll need to travel to CT frequently—about 50% of the time. When I am not there, I'm interested in renting it, either short-term or mid-term. I have only been to Stamford a few times and really like it. I also appreciate its convenience for traveling to NYC. From an investment viewpoint, I favor multi-family properties. However, considering this will also be used as my secondary residence, I'm drawn to the security and amenities condos offer, and once I've secured this condo, my next investment focus will be multi-family properties.
I'm curious about the current condo market in Stamford. Are there specific considerations I should be aware of about the condo market in Stamford? While I understand regulations may vary by condo association, I'm also wondering if there are general restrictions on operating Airbnb in the area.
I appreciate your feedback/advice on this!