Tag: Maintainability One

There are many popular types of residential Philippines properties for sale today, and one of the most popular are condominiums. According to real estate experts, the reason why condominiums became popular is because of its collection of benefits that conform in today’s modern trends.

Beneficial Condominiums in today’s Modern Trends Although condominiums were only recently introduced compared to other modern types of housings, such as apartment buildings and townhouses, condominiums rapidly gained a lot of popularity in the Philippines. One main reason is because of its location, which is mostly found in business and commercial districts.

Location Condominiums are mostly found in locations within walking distance or mass transit distance from their workplaces. Because of this, condominiums quickly became a very popular type of housing in the Philippines, particularly among many modern Filipinos.

Though found in such locations, these types of housings are still known to offer the privacy and peace that many Filipinos are looking for in a home. And according to them, living in one of these high-rising buildings can offer a breath-taking view of the city, particularly at night.

However, other than condominiums, there are also a number of popular modern Philippines properties for sale in these locations, which are also known to offer the same accessibility that condominiums can offer. But condominiums can also offer other luxuries other than its location.

Amenities What set condominiums apart from other modern types of residential Philippines properties for sale is its collection of amenities. Compared to apartment buildings and townhouses in the same location, condominiums can offer amenities such as gyms, indoor swimming pools, as well as a full-sized sports complex.

Because of this, residents doesn’t only enjoy the luxury of living in one of the most modern types of housings in terms of location, but also offer the luxuries that allows residents to unwind in the center of some of the busiest districts in the Philippines.

Security and Maintainability One of the few reasons why condominiums first became popular was because of its maintenance personnel that maintain all facilities found in the condominium, as well as their security personnel that assure the safety of all residents in the compound.

New Terms of Payment There are also a number of new condominiums that offers new terms of payments for modern Filipinos. This is because these new condominiums can now be bought and paid in installment, allowing more Filipinos to own a luxurious condominium unit in the city.

Condominiums, or usually known as condo units or simply condos, are beginning to become very popular among the people as well as one of the many popular Philippines properties for sale today. This is because, compared to owning a house, condo units are more beneficial, especially for those that have only started a family or for single (non-married) people. So what are the factors that made condos very popular Philippines properties for sale compared to buying their own houses? And what are its disadvantages compared to owning a house?

Advantages of buying a condo unit

Location
One practical reason why condo units are popular is because of its location. Typical condo units Philippines properties for sale today are located on key parts of the country, such in business districts and other popular parts of the country. This way, people could get a chance to avoid and hustles of rush hour.
Maintainability
One key factor that made condo units popular is its easy maintainability. Unlike owning a house, condo units are usually maintained by paid staff of the condominium, making sure that every corner of the condo is properly maintained as well as the garage. For single (non-married) people, particularly those busy ones, would benefit greatly from owning a condo unit.
Cheaper
Compared to buying your own house, condo units are far less expensive. This makes it easier for small families to start on their own.

Disadvantages of buying a condo unit

Monthly fees
Unlike owning a house which is usually a one time payment, monthly fees are commonly required for people owing a condo unit. These fees are required to properly maintain the whole condominium, such as for repainting, maintenance, as well as for the wages of the maintenance and security personnel. Fees charged for the maintenance are different from one condominium to the otherwould usually range from 500 Philippine Pesos to 1500 Philippine Pesos.
Restrictions
Unlike owning a house, condo units are usually run under several rules and regulations, such as owning a pet or choosing what cable network or internet service provider that you want. Another is with renovations. Some condominiums require that tenants that would like to do renovations with their condo units would have to pass first with the committee or with the condominium board of members.
Not suitable for big families
Unlike houses, condominiums are much smaller, which makes it not appropriate for bigger families. Also, some condominiums don’t allow children on their units, as well as the number of tenants in one unit.