Although condominiums, townhouses, and apartments have become very popular types of housing in the Philippines, there are still a lot of Filipinos that still opts to buy a normal house rather than these types of housing. So what are its advantages?
Condominiums, apartments, and townhouses are some of the most popular types of homes for sale philippines today. However, there are still a lot of Filipinos that still opts to buy a normal house rather than these types of housing. So what are the advantages of buying a house rather than an apartment, a condominium unit, or a townhouse?
Why houses?
Houses or the single-family detached home are considered as the basic type of residential real estate in any part of the world. In the Philippines, although condominiums and townhouses have become very popular, many Filipinos are still opting or wishing to eventually buy a house of their own. So what is its advantage over other types of housing?
One advantage of owning your own house is that it gives its owners every right to modify their house, although this may be subject to to government, homeowner association, and deed restrictions. Although owning a condominium or a townhouse may give the same type of ownership, their rights may only go as far as to protect them from eviction. The right to modify their units may be subject to their policy or to the approval of their committee.
In terms of affordability, houses are more affordable than townhouses, particularly those found in townhouses complexes which could cost to as much as buying a mansion. Compared to condominiums and apartments, houses are more expensive. However, many of today's homes for sale philippines have significantly dropped their prices to as much as the cost of a single condominium, or maybe less. Houses, however, can offer more space.
However, compared to apartments, houses are too much expensive. Apartments offer people a way to have a residence without having to invest too much money in it. This is because apartments are usually rented rather than bought. This, however, can be a disadvantage because tenants only have the right to live in an apartment, may it be a unit or a house, but doesn't have the right to modify any of it, may it be its exterior or interior. Apartments, also, doesn't protect its residents from eviction while owning a house, or a condominium or a townhouse, can provide such protection.
These are the reasons why many Filipinos still opt to buy a house rather than a condominium or a townhouse. And because of the number of new homes for sale philippines, people may have the freedom to choose the type of house they want to live as well as its availability and accessibility in any state of life.
Condominiums, apartments, and townhouses are some of the most popular types of homes for sale philippines today. However, there are still a lot of Filipinos that still opts to buy a normal house rather than these types of housing. So what are the advantages of buying a house rather than an apartment, a condominium unit, or a townhouse?
Why houses?
Houses or the single-family detached home are considered as the basic type of residential real estate in any part of the world. In the Philippines, although condominiums and townhouses have become very popular, many Filipinos are still opting or wishing to eventually buy a house of their own. So what is its advantage over other types of housing?
One advantage of owning your own house is that it gives its owners every right to modify their house, although this may be subject to to government, homeowner association, and deed restrictions. Although owning a condominium or a townhouse may give the same type of ownership, their rights may only go as far as to protect them from eviction. The right to modify their units may be subject to their policy or to the approval of their committee.
In terms of affordability, houses are more affordable than townhouses, particularly those found in townhouses complexes which could cost to as much as buying a mansion. Compared to condominiums and apartments, houses are more expensive. However, many of today's homes for sale philippines have significantly dropped their prices to as much as the cost of a single condominium, or maybe less. Houses, however, can offer more space.
However, compared to apartments, houses are too much expensive. Apartments offer people a way to have a residence without having to invest too much money in it. This is because apartments are usually rented rather than bought. This, however, can be a disadvantage because tenants only have the right to live in an apartment, may it be a unit or a house, but doesn't have the right to modify any of it, may it be its exterior or interior. Apartments, also, doesn't protect its residents from eviction while owning a house, or a condominium or a townhouse, can provide such protection.
These are the reasons why many Filipinos still opt to buy a house rather than a condominium or a townhouse. And because of the number of new homes for sale philippines, people may have the freedom to choose the type of house they want to live as well as its availability and accessibility in any state of life.
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