Month: September 2018

Pros And Cons Of Condominium Complexes

According to many experts, condominiums have become one of the most popular types of housing in the Philippines. Part of what made this popular is because of its many benefits, particularly among the Filipinos looking for refuge in the city, such as in business and commercial districts.

Today, because of the growth of condo Philippines, a number of new condominiums were introduced in the country, and one of them are condominium complexes. These types of condominiums, according to many experts, offers a different set of benefits compared to the typical condominium found in the city. So what are its benefits and advantages?

Condominium complexes: Pros and cons

Pros Condominium complexes are similar to townhouse complexes, which is a type of townhouse popular in many Asian countries, particularly in Hong Kong. Similar to townhouse complexes, condominium complexes are also mostly found in a wide expanse of land, mostly in the outskirts while some are also found in provincial areas.

Because of its location, which is very different with its predecessors, these types of condo Philippines are known to provide a different benefit for different needs. One is that these types of condominiums are more suitable to Filipino families compared to the usual executives living in a city condo.

Another similarity with townhouse complexes are its amenities such as swimming pools, gyms, sport complexes, recreational parks and playgrounds. These amenities further adds to condominium complexes’ family-oriented atmosphere.

Cons There are, however, several disadvantages to living in a condominium complex. One is also because of its location. These types of condominiums are appropriate for a growing Filipino family, but for those working in around the clock and the non-married people, these types of condominiums may not be appropriate for their needs.

Another is its expensiveness. Similar to condominiums in the city, these types of condo Philippines are also known for its expensiveness. Condo fees are also an issue, which is also one of the few disadvantages for all condominiums. These fees are mostly used for the maintenance for all their facilities, particularly for its amenities. According to many Filipinos, the more facilities found in the condo, the higher its fees. For more information visit to our site at http://www.avidaland.com

Popularity of Condominiums in the Philippines

There are many types of Philippines properties for sale in the market today. One of the most popular and in-demand, according to many real estate experts, is condominium. In today’s modern and fast-paced lifestyles, housing normally found in the city such as in business and commercial districts is considered modern by many Filipinos.

And because most condominiums are found in business and commercial districts, such as in Makati City or in Ortigas Center, Pasig City, these types of Philippines properties for sale became very popular among many Filipinos.

Popularity of Condominiums According to many real estate experts, the reason why condominiums became popular among Filipinos is because of its accessibility to workplaces and entertainment districts. Because of its location, its residents can enjoy the luxury of living within walking distance or mass transit distance to their workplaces, allowing them to avoid the hassles of rush hour.

However, though its location is considered as some of the busiest districts of the country, many of its residents have said that these types of Philippines properties for sale can still offer the same privacy and peace similar to living in a house in residential districts. Many of its residents have said that the view of the whole city from towering condominiums is breath-taking, particularly at night.

Other than its location, condominiums are also known for other important factors which gave its popularity in the market such as its maintainability and security.

Maintainability and Security of Condominiums Other than condominiums, townhouses and apartment buildings are also known for its own maintenance personnel as well as security personnel to assure the livability of their compounds. However, not all townhouses and apartments have their own maintenance or security personnel. As for condominiums, all condominiums found in the Philippines are known for their own maintenance and security personnel.

Their maintenance personnel are tasked to maintain all facilities found in the compound, from hallways and garages, to elevators and its cooling systems. They assure that the condominium maintains its luxurious feel for their residents. As for their security personnel, they assure that their residents are safe from any harm, particularly because most of its residents are either wealthy families or company executives.

Family-Oriented Condominiums There are a number of new condominiums found in the Philippines today known as condominium complexes. These types of condominiums are known for their family-oriented environment, typically because these types are normally found in the outskirts or even in provincial areas. However, though found far from the city, these types of housing can offer their residents the kind of peace and relaxation that the city lacks.

Condominium complexes are known for their wide open spaces, normally to serve as driveways as well as parking lots. However, these types of condominiums do offer their residents amenities that they and their children can enjoy such as gyms, playgrounds, recreational parks, swimming pools, and even a full-sized sports complex. For more information visit to our site at http://www.avidaland.com

New Condominiums With New Set Of Benefits

What are the reasons why condominiums have become a very popular type of housing in the Philippines? According to many experts, condominiums first became popular in the Philippines because of its location, which is very beneficial among many Filipinos, particularly those living in a fast-paced lifestyle.

Eventually, the number of condo for sale Philippines grew, which also introduced a number of new condominiums in which many modern Filipino families have gained a lot of benefits. These types of condominiums are known as condominium complexes.

Condominiums and condominium complexes The main difference between condominiums from condominium complexes is its location. Most condominiums and some of the new condo for sale Philippines are found in business and commercial districts. However, compared to these condominiums, condominium complexes are mostly found in the outskirts, while some are even found in provincial areas. So what can it give to its residents?

More relaxing environment Although condominiums in the city can offer the necessary privacy and relaxing environment in which residents needed, many Filipinos still found that condominium complexes can only provide a true relaxing environment, particularly because these types of new condo for sale Philippines are found in secluded areas around Metro Manila.

Family-oriented Compared to other condominiums, condominium complexes are made entirely for the family. Because of its location, as well as with its environment, many Filipino families found these types of condominiums suitable for their growing children. However, other than just its environment, condominium complexes are also known for its amenities.

Amenities In addition to its family-oriented environment, condominium complexes are also known for its amenities including swimming pools, gyms, recreational parks, and playgrounds. Other condominium complexes also have sports complexes for adults.

Disadvantages of condominium complexes There are, however, several disadvantages to living in a condominium complex. One is that because of its location, residents have had difficulties getting back to the city, to their work, particularly because of rush hour.

Another disadvantage is, like the many condominiums in the city, these types of condo for sale Philippines are also known for its expensiveness, which is why the wealthy can only afford to live in these types of modern housing. For more information visit to our site at http://www.ayalalandpremier.com

The Many Advantages Of Buying A Condominium Unit

One of the most popular type of housing in the Philippines today are condominiums. Compared to other forms of housing, such as townhouses, apartments, and most specifically houses, condominiums have grown to become a very popular type of housing because of its many advantages and benefits. So what are its advantages over other types of housing?

Affordability
Compared to townhouses and houses, condominiums are much more affordable in terms of permanent residence. Houses and townhouses available in the Philippine market today ranges from hundreds of thousands to millions, depending on the city as well as with its location. Houses available in Manila today can go up from P1,000,000 Philippine Pesos to as much as P10,000,000 Philippine Pesos. Condominium units, on the other hand, would only cost half the original price of houses and townhouses, only ranging from P500,000 Philippine Pesos to a million.

Location
Another advantage of owning a condominium unit is its location. Most condominium available in the market today are those found inside a major city, such as in Makati City. According to Real estate Philippines experts, this allows it to be within walking or mass transit distance of business and industrial areas of the city. Another popular location of condominiums are those found outside of major cities, particularly those found in provincial areas such as Tagaytay.

The advantage of these types of condominiums (these types of condominiums are usually known as condominium complexes) are the luxury it provides as well as amenities which could cost a lot if installed in houses. Though townhouse complexes are also known for its amenities, condominium complexes are usually more affordable.

Amenities
The advantage of most condominium complexes are its amenities. These amenities include resort facilities such as swimming pools, gyms, parks and playground equipment. Installing such amenities in houses or buying houses with the same amenities could cost millions of Pesos. Although townhouse complexes has the same amenities, condominium units are usually more affordable.

According to Real estate Philippines experts, such amenities are usually available in condominium complexes. However, some condominium buildings are also known for its amenities such as pools, gyms, and other popular functions.

Permanent residence
In terms of affordability, apartments are usually more affordable. However, the advantage of condominiums are its ownership. According to Real estate Philippines experts, a condominium building and an apartment building are usually the same. The only difference are its form of ownership in which condominiums are usually sold to individual owners while apartment units are leased or rented to tenants.

Townhouses And Condominiums In The Philippines

There are many types of Philippines properties for sale in the market today, and some of the most popular are condominiums and townhouses. Townhouses have long been known for its popularity in the market, while condominiums have recently become a very popular type of housing in the Philippines. So what made these types of housing popular in the Philippine market?

Townhouses Before the age of condominiums, townhouses have long been known as one of the most popular types of housing in the Philippines. Part of what made it popular is because of its luxurious lifestyle and designs, both because of its interior and exterior designs. However, there are other reasons why townhouses have become popular in the Philippines. This is because of its location.

Other than the townhouses found in the suburbs, a number of townhouses are also found in small footprints in the city, such as those found near Makati City or in Ortigas, Pasig City. Because of its location, residents can easily get to their work without too much hassle, particularly with rush hour.

Another popular townhouse in the Philippines are townhouse complexes. Compared to townhouses found in the city and in the suburbs, a number of townhouses also found in the outskirts or in other locations far from the city. And compared to townhouses in the city, these types of townhouses are mostly known for its peaceful and relaxing environment, which is also perfect for a growing family.

These types of residential Philippines properties playground in which residents can freely enjoy.

Condominiums Townhouses and condominiums are similar in many ways, such as with its location. Most of these types of residential Philippines properties are found in business and commercial districts which, like townhouses, can provide its residents the benefit of living within walking distance or mass transit distance to their workplaces.

Another similarity was when condominium complexes were also introduced in the Philippine market. Similar to townhouse complexes, condominium complexes are also found in the outskirts and even in provincial areas in which many Filipino families found to be suitable for their growing family.

Condominium complexes are also known for its similar amenities such as swimming pools, gyms, recreational parks, playgrounds, and even a sports complex. However, the number of condominium complexes are far greater compared to townhouse complexes in the Philippines. For more information visit to our site at http://www.avidaland.com

Choosing your Home – Condominiums or Houses

Choosing between a house and a condominium is a matter of budget. Houses are known for its affordability, which is why these types of residential Philippine real estate

are still in-demand, while condominiums are known for its expensiveness, yet offers the best benefits that many modern Filipinos are looking for in today’s modern lifestyles.

Choosing your Home Both types of housings can offer a home for any Filipino. However, both types differ with their benefits. While houses are known for its affordability, condominiums are known for its modern benefits that could cater to the needs of many Filipinos. The disadvantage of condominiums, however, is its expensiveness. Here are some information about these types of Philippine real estate

and what they can offer to their residents.

Condominiums Condominiums are considered today as some of the best types of modern housings in the Philippines. Part of what made it modern is because of its location, which is mostly found in business and commercial districts such as in Makati City.

Because of its location, condominiums can offer the accessibility that many Filipinos are looking for, allowing them to access their workplaces without too much hassle due to rush hour. Another major advantage of condominiums is its amenities in which many of these condominiums can either offer gyms, indoor swimming pools, sports complexes, or all of it.

The disadvantage of these types of condominiums is its environment, which lacks the necessary facilities that can accommodate the needs of growing children. Although there are condominium complexes found around the outskirts of Metro Manila that can offer the right environment for a growing Filipino family, the disadvantage of this is its inaccessibility to business and commercial districts as well as its expensiveness.

Houses The reason why houses still remained as one of the most in-demand types of residential Philippine real estate

is because of its affordability. According to many Filipinos, the cost of a single condominium unit in Makati City or in any other business districts is enough for them to buy a 2 to 3-story house in neighboring residential districts such as in Caloocan City and in some parts of Quezon City.

However, there are a number of new houses in the Philippines that can offer benefits that modern Filipino families can enjoy. This is because these new houses are found in exclusive housing communities, similar to subdivisions, around the outskirts of Metro Manila.

Along with its exclusivity, these new housing communities can also offer the same amenities that condominiums and condominium complexes can offer such as swimming pools, sports complexes, playgrounds, and recreational parks. The best thing about the houses available in these areas is that these can be owned and paid in installment, making it more cost-efficient compared to renting.

The disadvantage of these new houses, like many other types of housings, is its inaccessibility to key locations around the Philippines, particularly with business and commercial districts. Another is that these types of housings are not as luxurious compared to living in a condominium unit.

Condominiums of Todays Trends

Condominiums are some of the most popular types of housings in Philippine market due to its benefits which conform in todays modern trends. So what are the benefits or advantages of living in a condominium unit?

Different Types of Condominiums
There are currently two types of condominiums in the Philippines, the typical condominiums mostly found in the city, such as the many Metro manila condominiums, and condominiums found in the outskirts or even in the provinces, which are known as condominium complexes.

Location
The main factor which made most condominiums in the city popular is because of its location. Most of these types of housings are strategically found in business and commercial district, such as those found in Makati City and many other major cities in Metro Manila.

Because of its location, residents can enjoy the luxury of living within walking distance or mass transit distance from their workplaces, allowing them to avoid the usual hassles of rush hour. Its location is also within reach of popular entertainment places such as malls and “hang-out” places.

Condominium complexes, on the other hand, are found far from these places. Most condominium complexes are found in the outskirts, while some are even found in the provinces. These types of condominiums aim to provide a more family-oriented environment for Filipino families compared to Metro manila condominiums.

Because of its location, condominium complexes can offer a more peaceful and quieter environment compared to that of the city. Condominium complexes can also offer the wide open space that growing children require for playing. However, what made condominium complexes more popular is with its amenities.

Amenities
Other than its family-oriented location and environment, condominium complexes are also known for its amenities such as its own swimming pools, gyms, recreational parks, playgrounds, as well as a full-size sports complex complete with basketball, volleyball, tennis, and badminton courts. Because of this, condominium complexes became one of the best types of modern housing for modern Filipino families.

However, other than condominium complexes, a number of condominiums in the city are also known to offer their own amenities. Some of the oldest Metro manila condominiums offer gyms as their amenities. Today, many new condominiums in the city can now offer their own indoor swimming pools and sports complexes for the enjoyment of their residents.

Purchasing A Condominium

If you are planning to invest in a real estate property, one of the choices you have is to buy a condominium. This is actually one of the least forms of home ownership and before you decide to get into the process, you should be familiar first with the advantages and disadvantages of owning one. When you look for a condo, one of the possible starting points you have is online Portland MLS. You can also ask for listings from your agents and for sure, you can find the type of condominium unit you are looking for. Having the right resources, it will surely be very easy for you to find Portland Homes for Sale and other Portland real estate properties such as condominiums. Having a buyers agent will be a very good help as well. Below are the pros and cons of investing in a condominium to help you make your decision whether you will buy one or not.
Why buy?
1.Less things to worry about
Owning a condominium means that you will only have an ownership to a single unit. Most condo owners find it more convenient to be away from their condominium because they have fewer things to worry about. The whole complex is well-secured as there is always a security guard hired by the Home Owners Association (HOA) to protect the units. Your neighbors and the other owners of condominium units can also easily look out for your property whenever you are not around.
2.Less expenses for maintenance
HOA pays for the siding paintings and for the maintenance of the roofing, meaning you have less repair expenses to finance.
3.Swimming pool
Most of the condominium complexes have swimming pool that is freely used by all the owners. You can use the swimming pool whenever you want and you do not have to pay much for the maintenance because the expenses for it are shared by all the unit owners.
4.Cheaper
Because you will only pay for a condominium unit which is relatively smaller than single-family residences and detached homes, you can expect that you will get a lower price deal for it.
Why Not Buy?
1.Limitations
If you will reside in a condominium, expect that there will be restrictions and limitations, as stated in the strict bylaws and regulations created by the HOA. The HOA poses some limitations regarding the improvements and redesigning that you can do to your unit. Sometimes, there are also pet regulations that you need to follow.
2.Noisier
Unlike single family residences that can be meters far away from each other, in a condominium unit, your neighbor is only a wall away from you and most of the time, you can hear their noise. It is actually possible that you hear almost anything from your neighbors unit.
3.Difficult to sell
It is actually harder to sell a condo unit that a single-family residence. It may take you a longer time to find a buyer who will make a purchase offer to your condo unit.
4.Cant rent it out
Most condominium owners do not allow their buyers or the residents to rent out the property to other owners.