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After determining that you need a condo, you must then make a decision regarding the type of unit you want to live in. It's not simple to choose the right kind of condo; you have to take into account the condo's size and aesthetics. Each size and option has advantages and disadvantages, as well as requiring a noticeably different way of life and set of duties. There is a condominium that fits your lifestyle, regardless of your preferences, needs, or financial standing.
Condominiums in the Philippines
Condominiums are one of the most sought-after types of housing in Metro Manila, according to the country's real estate market. Apartments or units within a building are technically condominiums. Republic Act No. 4726, also known as the Condominium Act, defines a condominium as an interest in real estate that consists of a separate interest in a unit within a residential, commercial, or industrial building and an undivided interest, directly or indirectly, in the land on which the unit is located as well as in other common areas of the building. Condominiums are frequently found in the business districts of the Metro, like Quezon City.
Is it worth it to buy a condo in the Philippines?
As people look to own their own homes, the real estate sector is seeing a surge in popularity. Hence, this investment should definitely be considered. One of the best investments to be made in the area of condominiums, and for good reasons too.
Living in a condo means having the life you've always wanted. You are welcome to invite guests and swim in the pool whenever you like. Consider the money you will save by making hotel and resort reservations. Condo owners can also rent out pavilions and clubhouses for special events. Some developments offer opulent extras like an observatory, a rooftop jacuzzi, etc.
Along with swimming pools, your condo likely has a free gym and fitness center where you can stay in shape.
Additionally, it will be easier for you to work up a sweat if a gym is close by. Imagine there being no commute. In the Philippines today, a growing number of condos are making investments in outdoor space. With more residents becoming health-conscious, jogging paths, walkways, and bike lanes are a welcome addition.
Determining the right size of units
These properties, more commonly referred to as condos, can be owned individually but are subject to a set of rules and regulations that are managed by the association of owners on the property. Condominiums come in a variety of shapes and sizes, including studio apartment, executive, one-bedroom, two-bedroom, and penthouse options. Size matters when it comes to owning your unit. You may choose a small or large unit depending on your preferences or way of life.
Studio unit condo
Owning a studio-type unit may be the best structure for you if you prefer to have all of your necessities close at hand. The average size of a condominium in the Philippines is less than 50 square meters. In comparison to living in large homes, getting to the living room, kitchen, bedroom, or comfort room won't take as much time within the constrained space available.
On the other hand, if you consider condo living to be an economical way to live in the city, you may decide to rent one or buy a studio-type units. Given the small but well-used space suitable for most daily needs, having a studio-type unit is actually an option for most single men or women.
One-bedroom condo
One-bedroom condominiums explain themselves through their names. The condo has a single room separate from all of the other rooms. This room is surrounded by walls and doors that separate it from the kitchens, living rooms, and bathrooms. These separate rooms make more money and have larger square footage than studio rooms.
The name of a one-bedroom apartment gives it away. It's an apartment with a completely separate bedroom for a good sleeping space from the living area. The price is higher, and there is more space than in a studio because there are separate rooms.
Why is a one-bedroom better than a studio?
What makes a studio different from a one-bedroom unit? The biggest difference between studios and bedrooms is the existence of a separate bedroom that is connected via a wall to the remaining apartments. A one bedroom unit has one bedroom, while studio units don't.
Two-bedroom unit
Looking for a new home with your big family? A typical two-bedroom condominium has two bedrooms, one or two separate bathrooms, a kitchen, and a separate living area (or living and dining area combined). If the room is bigger, you might also have extra features like a separate kitchen area, storage space, a laundry room, spacious wardrobes, and a little study or den.
Penthouse
A penthouse is a large, luxurious apartment that is typically found on the top floor of a residential complex, condominium, or hotel. The term is now used by realtors to describe any unit that has a floor plan that is significantly more opulent and spacious than the other units, making it the most expensive unit.
Making the right choice
You might already have made up your mind to purchase your own unit at this point. Accordingly, you should always think about the lifestyle you want to maintain and the aesthetic you want your unit to have. Regardless of your preferences, having the urban lifestyle you've been longing for will be made possible by selecting the appropriate stylish furniture or style of design. Take into account your condo's size, rental prices, furniture's functionality, lighting, amenities, and even the security system.
A condo may be the best choice, even though many people plan to buy a single-family home when they are making purchases for their next residence. Because of the advantages it offers, many people prefer living in condos. Before making any decisions, it's important to understand the entire condominium buying process because it involves a detailed procedure.
Condo living has many advantages and benefits. Life is generally made simpler by it. Condos simplify and improve the convenience of daily life in addition to being a great investment. Condos are evidence that we deserve better.
For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.
