Best Place to live | Condominiums

The condo is popular these days. In the Philippines, many Filipinos choose to own a unit to attain their independence or to make it as a property investment. And these two are the two reasons that a condo can fulfill. A Condominium offers a kind of lifestyle and flexibility that you can’t have in owning a residential house or land. Condos are the best choice if you are planning to have a house that doesn’t need to have a house construction. Also, it is a lucrative property can use as a commercial stall– store, apartment, etc. If you are planning to purchase a condo, make sure you consider these factors. 1. Evaluate your goals. When we are thinking about a house, we want it for a long term living. Although condominium is a good investment and right housing option, you can’t inherit it to your children in the next 50 years (see RA 4726 Sec 8 ). That’s one of cons of owning a unit. Now, evaluate your needs and goals on owning a house. Do you have plans to move out after 5

All of us want to have a house where we can spend our free time in after work and build the family we’ve always envisioned being together with. In many countries such as America, Korea and Canada, most of their homes are in residential and towering condominium s. Condominiums are the best option to build a home in for those countries and even in the Philippines . See below the myriad of advantages that owning a condo can provide you. 1. If we compare the rent fees to the monthly mortgage, they are almost in the same amount or cost. It’s good to pay to own unit than pay for the rent. 2. You don’t need to mind when or how to clean the garden and pool. Also, if the roof needs repairs, there’s always someone who will take care of it. It makes a big difference in contrast to a residential house. 3. Make your life so pleasant. You don’t need to pay for the gym, tennis and basketball court fees because if you own a condo unit, access to these facilities is free. Most of the condos ha

This inforgraphic is made by Moneymax.ph. The picture shows the pros and cons of condos that you need to know.

Owning a condo unit is easy especially if you have enough money to buy a unit. Condominiums are made to be a home not only for bachelors but also for starting family. If you are the buyer, you might think that the price is the major issue but it’s actually the last thing you might need to worry about. There are many things that you need to consider when buying a unit. Most of the prestigious condos are located in Bonifacio Global City, Makati and Mandaluyong. These places are the busiest places in Metro Manila. If you are planning to own a unit around the metro, there are several factors that you need to consider. 1. Location Most of buyers consider location above everything when buying a land or house. Same goes with purchasing a condo unit, it should be on top. The price of a unit depends on its location, how accessible it is to key places like malls, market, restaurant, schools, banks or hospital. Also, in choosing a location, it must be away from busy roads. 2. Developer I

Before, if you own a condo unit, people look up to you as a high class professional in the community because, back then, condominiums are more a luxury than a necessity. Today, if you owned a unit, it’s just an ordinary thing. It’s like you just wanting to buy a unit instead of a house. Condominiums fit the lifestyle of all kinds of people like bachelors who want to be independent or families who want to build their bond in a condominium. But there are still pros and cons in living in a condominium. Advantages • Most condominiums are located in cities where it’s easier to access transportation, businesses, restaurants, schools and shopping malls. Since, condominiums are around the metro, you can save time and money while going to work and school. • Condominiums are seen as a luxury home because of the expensive range of its prices but there are some units that are good for a family that fits with the country’s average monthly gross income. To find a unit for you, try finding deal