If you're thinking about investing in condo units, chances are you want to live in a beautiful and practical place. You want to be able to walk around your neighborhood and enjoy all the amenities of city life within easy reach.
A mixed-use condo is just the ticket! Here's what it is and why you should invest in one:
What is a mixed-use condo?
You may have heard the term "mixed-use" before, but you may not be sure what it means or how it applies to real estate.
A mixed-use condo is a building with several uses, like retail and residential. This is different from a traditional condo, which is only residential. A mixed-use condo can be considered a commercial property in that it has both commercial and residential elements.
Essentially, a mixed-use condo is one where you can live AND work or run your business. A mixed-use condo has some commercial space, such as retail or office space. A mixed-use condo aims to provide additional income for the building owners and generate foot traffic for businesses in the area.
You can also rent out parts of your unit to other people who do the same thing—and they'll pay rent! It's like having roommates without actually having roommates (except that they pay rent).
For example, if you buy a condo in Manila, you'll find yourself living in a residential building next door to an office space that houses your company's sales team. Or maybe you're interested in buying a condo downtown, where a restaurant shares the ground floor with your apartment.
Where can you find a mixed-used condo?
Mixed-use condos are often found near busy streets and popular commercial areas, where they can earn money from both residents and outsiders. A mixed-use condo is an apartment building with retail space in real estate. They're usually located in urban areas to take advantage of their proximity to public transportation, schools, hospitals, and other businesses.
Why You Should Invest in a Mixed-Use Condo
As for the benefits of investing in condos, there are many reasons why you should consider investing in a mixed-use condo.
You can use your unit as a commercial space.
The main advantage of having a mixed-use condo is that you don't have to pay for two separate properties—the cost of your home and your business or office space are included in one payment. You also get all the benefits of living near your business or office space, including convenience and proximity.
You can use your unit as an office or other business space—you don't have to rent out an office when you could use your own home! In addition, it gives you more flexibility with your schedule since you don't have to go out every day to work from home. Plus, depending on how many units are available, this could be a great way to meet other people who may share similar interests or values as yourself!
More Opportunities For Business owners
Another one of the benefits of investing in condos and any mixed-used condo unit is that they offer more opportunities for homeowners than single-purpose buildings do. If you live in a single-family house in the suburbs and work from home, it's hard to justify buying office space downtown when you need somewhere quiet to write code or meet with clients. But if you live in a mixed-use condo where there's already an office space available on site? Well, then it starts to make sense!
Affordability
A mixed-use condo may be ideal if you're interested in buying real estate but don't have much money to put down. These properties often come with lower asking prices than other types of homes on the market, making them more accessible for first-time buyers or those just starting financially.
Your Investment Will Appreciate
One of the main benefits of owning a mixed-use condo is that you can make more money from it because there are multiple ways that units can be used. If one function doesn't work out so well (e.g., if the shop closes down), then another part of the building can still provide income for you.
Moreover, investing in a mixed-used condo is a great investment opportunity because they are often located in up-and-coming neighborhoods poised for growth. These areas tend to have lots of foot traffic, making them ideal for retail spaces that attract customers from all over town.
Diversification
A mixed-use condo allows you to diversify your investments by combining two or more types of commercial space into one property, all within walking distance of each other! This means that even if one tenant doesn't pay rent for some reason (for example), there will still be others who do pay rent regularly and can help offset any losses from one tenant's absence during those times when someone.
You Can Live In Your Investment
You can use your unit for business purposes and as a different place to live if needed—and even combine these two things into one (such as having an office space where clients can meet with you). This could be very useful if you run your own business or work from home part-time! You'll also benefit from reduced stress levels because you don't have to travel as far as going from home to work every day.
Convenience at your doorstep
Like the benefits of investing in condos, mixed-use condos also provide convenience for their residents—they're close to everything! You'll find restaurants, shops, and entertainment venues at your fingertips when living in one of these homes. You won't have to go far for anything you need or want because it's all right there at your doorstep!
Moreover, a mixed-use condo will usually have a parking lot, so you won't have to worry about finding street parking when you go out at night or on weekends. In addition to parking your car in the building's parking lot, you can also store bikes and other outdoor equipment in the basement of most mixed-use condos. This helps cut down on clutter in your home and makes it easier to clean your living space!
Why invest in condo properties?
With mixed-use condos offer the advantages of owning a home and being able to rent it out when you're not using it. You can also take advantage of the amenities of living in a condo, such as access to private pools, gyms, and other common areas.
No matter what your goals are, it's likely that you can achieve them by buying a condo. If you're looking to buy your first home, or if you want to invest in something that will appreciate over time, owning a condo in Vista Residences might be the best choice for you.
If you are looking for a mixed-use condo, Wil Tower by Vista Residences is the best option for you!
Vista Residences is the condominium arm of the country’s largest homebuilder, Vista Land & Lifescapes, Inc. that offers ready for occupancy and pre-selling condominium projects in Manila, Makati, Mandaluyong, Quezon City, Ortigas, Baguio, Cebu, and CDO that are strategically located within major cities, in close proximity to premium universities, transit-oriented locations, and developed business districts.
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.
