Skip to main content

Pros And Cons Of Owning A Condo Unit

Compared to houses, condominiums have become more and more popular in the market. What made it popular is because of four reasons, its location, maintainability, security, and amenities. However, there are also several disadvantages to owing a condominium.


Among the many types of housing in the Philippines, condominiums are considered as one of the most popular and in demand type of housing in the Philippines. Compared to houses, condominiums have become more and more popular in the market. What made it popular is because of four reasons, its location, maintainability, security, and amenities.

Advantages of condominiums
Location - One of the few reasons why condominiums became popular in first place. In past, condominiums are mostly found within a major business district, such as the many condominium philippines found in Makati City. Because of this, residents are given the advantage of living within walking distance or mass transit distance to their workplaces. This advantage is still very popular among many condominiums.

Maintainability - Other than its location, condominium philippines also became popular because of its maintainability. Compared to houses, condominiums are maintained by paid people, from hallways to staircases, from elevators to garage. They are also in-charge of maintaining a condominium's recreational facilities such as gyms, swimming pools, parks, and playgrounds.

Security - Another reason why condominiums became popular is because of their high security. Condominium buildings are constantly monitored by security personnel while condominium complexes are endlessly patrolled by security. They are also in-charge of making sure the residents are safe from harm such as fires.

Amenities - What made condominiums more popular in today's market is its amenities. Many of today's condominiums are known for their luxurious amenities that residents could freely enjoy. Part of this includes swimming pools, gyms, and other popular recreational facilities such as parks and playgrounds.

Disadvantages of condominiums
Other than its advantages, there have also been several disadvantages of owning a condominium. One major disadvantage is its monthly fees.

Monthly fees - These fees are separate from electric bills and water bills. These fees are commonly used as means for maintaining every facilities found in the condominium. These fees are also used as wages for their maintenance personnel and security.

Rules and regulation - Another major disadvantage of condominiums are its rules and regulation. Condominiums are usually governed by rules in which residents are obligated to follow. One is the paying of monthly fees, while the other involves restring several elements to their condominium. Depending on the condominium philippines , these restrictions can either be moderate or severe.

Comments

Popular posts from this blog

Types Of Apartments In The Philippines

There are several types of apartments available in the Philippine market today. Some of the most popular the studio type apartments and the one-bedroom apartments. So what makes these types of apartment popular for many Filipinos? Aside from condominiums and townhouses, apartments have also been one of the most popular highly in demand type of residential Real estate Philippines . Part of what made it popular is because of its affordability compared to other forms of housing. Although condominiums have recently become very popular among many Filipinos, from the wealthy to the middle class, apartments are still in demand because of its efficiency. There are several types of apartments available in the Philippine market today. Some of the most popular the studio type apartments and the one-bedroom apartments. So what makes these types of apartment popular for many Filipinos? Studio type apartments The studio type apartments is one of the most popular types of apartments in the Philippine...

Home Inspection Checklist: Things to Inspect Before Moving In

Moving into your new home is one of the most exciting days a homeowner can have. It can even be an overwhelming experience sometimes. But did you know that real estate experts advise inspecting your soon-to-be-home before you move in? Regardless of the property you chose, be it in Ayala Cebu or any real estate in the Philippines, homeowners should and must consider home inspection. To give you an idea, we list down some things you should inspect and double check. Foundation Checking whether the foundation of the house is durable or not, is not that hard as you think it is. All you have to do is make sure that the base of the walls and the ceilings in each room do not have any cracks or holes. But if you are not sure about it, you need to seek help from the experts to check and fix any particular problem. It is in this way where you can ensure you are safe in times of earthquakes and other natural disasters. Lot Inspecting the lot is as important as the others. Che...

7 Simple Ideas for Customizing Your Closet

Image Source Not all of us here have their own closet at home, agree? Well, since perhaps, they don't have enough space, or they don't have time to make one. But don't you know that having your own closet can be helpful and useful to you, especially when you have a lot of things to store? Aside from the bedroom that we have, we also have a separate room where we put our clothes, shoes, towels and/or any other stuff that we want to put inside. Basically, customizing your closet is not that hard as you think it is. It will also not take much of your time. For as long as you have a plan in mind and know the basic things for you to start customizing the room, then it will be easier and faster to create and achieve a desirable outcome. Yes, we want to have our own customize closet, however, there are some of us here don't know what and where to begin. Well, if you are one of those people who just don't have any idea at all, then let me help you with that matter. Be...