Looking for some condo for sale Philippines? Condominiums have become rather popular in the Philippines today. One practical reason is its affordability compared to buying a whole house. Condominiums became popular with people that wanted to start their own lives. People, particularly the single ones, would want to have their own space. This is the reason why condominiums became popular as well as with its cost which is relatively cheaper than buying or building a whole house.
Advantages
The reason why many are looking for some condo for sale Philippines is its affordability, however, this isn?t the only reason why condominiums are becoming more popular. One advantage of owning a condominium is with its maintainability. Condominiums usually hire people that would look after the whole condominium, maintaining its livability and its integrity. Tenants would only have to worry about their own units, but facilities such as hallways, elevators (if there is any) and staircases are usually maintained by maintenance personnel. Security is also one of the many advantages of owning a condominium.
Another popular advantage of owning a condo is its accessibility. Usually, condominiums are found near big cities, such as in Makati City, a popular business district in the Philippines. The advantage of living in this kind of condominiums is the benefit of avoiding rush hour. Other than its accessibility to work, some condominiums are also located in places outside of the city, particularly in provincial areas such as in Taal, Batangas. These types of condominium are popular for those that wanted to live in relaxation, away from the busy world of the city.
Other than its accessibility and affordability, condominiums are also popular for its exclusive privileges. Free use of facilities such as swimming pools, gyms, and recreational areas are usually included for buying a condo unit. Although not all condominiums have facilities such as these, a number of condo for sale Philippines could provide other special privileges. However, other than advantages, there are also several disadvantages to owning a condominium.
Disadvantages
One main disadvantage of owning a condominium is its monthly fees. Other than bills and taxes, a set of monthly fees are also required for owning a condominium. These fees are usually used for the maintenance of the whole condominium. Fees are also used for the security as well as for several equipments used for certain facilities such as for the swimming pool (if there is any) or for the recreational park. That?s why its very important to take note of how much the fee would be before buying a condo unit.
Source: http://realestatesunshinecoast.info/2011/09/why-condominiums-are-the-best/
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