Tips on Condo Living and Real Estate Investing

Purchasing a Rent-to-Own Condominium Checklist

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One of the pandemic’s most vital lessons is the importance of financial literacy. From managing your own finances to choosing the right investment, there are a lot of things that should be taken into consideration. If you are a young professional who wishes to live independently or a couple who wish to have a home for your family, rent to own a condominium is a good investment you can look into. This is beneficial especially if you already want to own a property but can’t afford it on a one-time payment. But before investing in one, it is important to have a checklist before you finally decide. 

Here are some checkpoints that you need to consider:

What are your goals?

The first most important checkpoint is identifying your goals. This serves as a guide to help you manage your finances and gives you a clearer line on what you want to achieve in the future. This is very important before investing in a rent-to-own condominium because there are a lot of personal and environmental factors that could affect your finances. When you have specific goals, it is easier for you to avoid spending more than you should. In setting up your goals, you can divide them into short-term and long-term goals. Every time you set your goals, make sure that these are Specific, Measurable, Achievable, Realistic, and fixed within a Time Frame.

Short-Term goals focus more on your daily finances. This is a stepping stone for you to achieve the bigger goals you have in the future. This is very vital in achieving your long-term goals because your financial success will come more from your daily habits when it comes to spending, saving, and investing. Here are some tips that you can apply in setting your Short-Term Goals:


Having a budget helps you build your hobby when it comes to handling your money. You may opt to use a budget tracker to help you monitor how you spend, save, and invest. You could already divide your monthly income into your monthly expenditures which may include rent, utilities, food, and other essentials. It is also important to allot money for your savings and investments. In this way, you will be able to help yourself to spend less more than what you earn. 

Invest in yourself

It is important to invest in your financial literacy because this will help you build your knowledge on how you can be better at handling your personal finances. You can invest in books, seminars, or even just spend time watching YouTube videos. The Internet provided us with easy access to knowledge so make sure to utilize this and start to invest in your personal growth. 

Set Goals achievable within a year and can be divided into daily or monthly goals

One example is that you can challenge yourself to achieve a certain amount of savings for this year and you may also divide this goal into your monthly savings. In this way, you help yourself to avoid being overwhelmed with your goals. This helps you divide your bigger goals into simpler ones that are easier to achieve. You can also challenge yourself to build an emergency fund to prepare for the future. Another example is your goal to have your own condominium, you may set goals that will help you build capital to start investing in one. 

Long-Term Goals are goals that are achievable 5 years or more. One common example is building a retirement plan by a certain age. In order to achieve these goals, you must prepare yourself to be consistent in achieving your short-term goals. It is important to be aware of your dreams and have estimates of your needs in the future. Being self-aware is very essential in setting your long-term goals because this will help you assess what you must focus on more. Especially if you are starting to invest now in rent-to-own condominiums, these goals will serve as a guide in choosing the right condo for you.  

Financial Capabilities

After setting your goals, it is now easier for you to know how much your financial capability is when it comes to investing. Investing is a big decision that’s why it is really important to be aware of what you can afford. Fortunately, there is a lot of available rent-to-own condos that are flexible with your capabilities. 


Now that you have your goals and you are aware of your financial capabilities, the next thing you need to consider is the convenience of the condominiums you are going to choose. This is very important because you must align this with your personal needs and goals. If you are someone who wants to start a family, you may want to choose a condominium that is accessible or near to schools, the workplace, and the like. You may look for a condo for rent in places like Quezon City and Makati, these are good places to move because of the number of nearby establishments available around. These places have nearby Churches, schools, work offices, community markets, food restaurants, and many more. 

Amenities and Features

Another thing you must consider is the amenities and features that your condominium is offering. Again, it is very important to align these with your goals because in this way you will be able to easily prioritize what you are looking for. You should also consider what are the terms of the condominium when it comes to customization and renovation of your unit. Another thing is the maintenance measures that developers take into action to make sure that residents are safe and secured. Real estates like Vista Residences offer condominiums that are worth investing in because of the aesthetic interior, comfort, and security that it delivers to its residents. 


All investments have risk involved with it. But don’t worry, because, with proper planning and learning of your investments, you will be able to manage risk and benefit more from it. First and foremost, it is important to make sure that the agent you are talking with is really affiliated with the developer. Next, you have to know what are the fees that are payable on your end. You need to consider the payment and leasing terms in your contract; make sure that this is clear from your and the seller's end to avoid problems in the future. You can also ask if the payment terms can be adjusted so it could be flexible with your financial capability. Lastly, you must invest in properties that are beneficial for your long-term goals. Make sure to choose from top-tier and reputable developers and are strategically placed in locations that are favorable to you. 

Now that you have taken everything into consideration, you can now start investing and building your future home. Again, it is very important for you to always align your financial decisions to your financial goals. Choose properties that will make your condo living worth investing in.  

If you are looking for a new home and condo, 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 rent-to-own, 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.

At Vista Residences, unit owners can take advantage of the property’s centrality. The properties of Vista Residences are strategically located near the country’s premium universities and CBDs, making them an attractive investment for both local and foreign investors.

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.