There are many reasons as to why people would rather choose to buy a condominium unit compared to buying a whole house. Some of its most notable benefits are accessibility as well as affordability compared to houses. However, there are also several disadvantages to its ownership.
Condominiums have become very popular among many Filipinos today compared to owning a whole house. This is because of several advantages that condominiums are known such as with its accessibility to both work and luxury, such as the many makati condo found in the city, as well as with its affordable cost. Other than these, what are the reasons why people would rather buy or rent a condo unit compared to buying a house?
Reasons why Condominiums are very Popular
One apparent reason for condominiums are its accessibility. By owning a condominium in the heart of a business district, such as buying or renting one of the many makati condo found in the city, one could have the advantage of avoiding a very stressful rush hour. Aside from condominiums found in the big cities, condominiums are also found in the outskirts of a city, such as in provincial locations. These kinds of condominiums are the type of places that offer relaxation to people wanted to go away from the busy streets of the big city.
Condominiums are also known for their cheaper price compared to buying a house. Renting one can also be as cheap. Aside from its accessibility and affordability, condominiums are also known for other benefits such as its maintainability and security. The reason for its maintainability is that every condominiums has their own maintenance personnel that assures the livability of their units as well as other important features of the condominiums such as its fire escapes, garage, and its hallways. Security isn't also a problem in most condominiums.
Another popular feature of owning a condominium is access to several of its benefits, such as exclusive rights to use their swimming pools, gyms, recreational areas, and other popular additions to condominiums. Most makati condo found in the city provide such rights to their tenants.
However, though condominiums are very beneficial especially for the busiest of people, there are still several disadvantages to buying one compared to owning a house. One particular disadvantage of owing a condominium is the restrictions.
Disadvantages
The main disadvantage of owning a condo unit is the rules and regulations. Though most of it are simple rules such as no pets allowed as well as plants, some rules and regulations can be too restrictive for others. Restrictions may include the an approval before doing several modifications to their units such as adding a divider. Other restrictions may include the number of tenants required in one unit, the age limit, as well as restrictions with children.
Comments
Post a Comment