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