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Pros And Cons Of Houses And Condominiums

Although still popular, many Filipinos of today have opted to buying a condominium rather than a house. However, there are still those that lived in a condominium that aims to buy their own house eventually. So what are its advantages and disadvantages?

There are many types of homes for sale Philippines today that Filipinos could choose from. Some of the most popular are the typical house and condominiums. Houses are the basic type of housing in any country around the world. It is also one of the basic type of housing in the Philippines.

Although still popular, many Filipinos of today have opted to buying a condominium rather than a house. However, there are still those that lived in a condominium that aims to buy their own house eventually. So what are the advantages and disadvantages of living in a house or a condominium?

Pros and cons of houses
Houses are the basic type of housing in the Philippines. Although the number of new condominiums are steadily rising, the number of new homes for sale Philippines have also steadily risen in the market. So what is the advantage of owning a house? And what are the reasons why many Filipinos are still opting to buying a house?

The one reason why many Filipinos are still opting to buying a house is that these types of housing are more family-oriented than most types of housing such as townhouses, apartments, or condominiums. Another reason for its popularity that it gives its residents the rights to o modify the building and land as they please. It also protects them from eviction, and creates a right to occupation which can be inherited.

The disadvantage, however, is that owning a house as well as the land it sits on is usually expensive. Newer types of homes for sale Philippines have become more affordable. These types, however, are usually found in provincial areas or in the outskirts, but are more affordable than most types of housing, even condominiums.

Pros and cons of condominiums
The first reason for its popularity is its location. Most condominiums in the market today are found in major business districts, such as in Makati City or in Pasig City. These types allows its residents to be within walking distance or mass transit distance to their work. These types of condominiums, however are much more expensive than buying a house.

Newer types of condominiums are much more affordable. Most of these types of condominium complexes, which are usually found in the outskirts or in provincial areas. The advantage of living in these types of condominiums is its peacefulness as well as its perfect location for children. These types of condominiums are also known for their amenities such as swimming pools, gyms, and recreational parks. The disadvantage, however, is that it places its residents too far from their workplaces.

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