Best Place to live | Condominiums

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.         ...

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 ...