It is Townhouse or Condo in Manila?

Manila is the capital of the Philippines and the center of businesses. That’s why many citizens wanted to live, work and be here. And it’s the reason why there are many condos and townhouse scattered in the metro.

If you want to live here, you may consider buying or renting a condo or apartment. But if it is for a long term, you should opt in buying a condo or townhouse. Either is a good choice, especially for small families and single people. They both require association fees, but have individuals’ advantages and disadvantages.

Ownership

Condominium – When you buy a condo, you become a co-owner of others unit owner. Meaning, everything located on the property is yours and need to share with others - everything, even the roof, stairs, elevators and walls. But you can use the amenities for free, every time you want it.

Townhouse – You are the owner of the land, roof and house. Also, the benefits of this is you owned a garage and garden – depends on the townhouse you will buy. It will be entitled to you that can inherit of your children.

Home Style

Condominium – Typically condos in Manila are one-floor unit and when you need to renovate you need to follow their rules.

Townhouse – It is typically multiple floors. Sometimes it is attached with other house but you exclusive to access the whole house.

Rules

Condo Associations are very strict about the property rules – renovation of the unit, designs etc. While in a townhouse, you are free to renovate or redesign your home. Do anything you want.

Cost

It is always matters. Townhouses are more expensive that a condo unit. Since you are in the Metropolitan, expect it. Condos price starts at 1M that payable monthly, why many choose condo than townhouse.

Both of them are HOME that you will stay for a long time. Just choose the best that fits your need.

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