Advantages of Condominiums and Apartment Buildings for Different Filipinos
Advantages of Condominiums and Apartment Buildings for Different Filipinos
Which is the best type of housing in the Philippines, apartment buildings or condominiums? Both types of housings are considered as modern types, and both are also known to offer the kinds of benefits that many modern Filipinos are looking for today. However, there are several differences between apartment buildings and condominiums that made them popular for different Filipinos in today's modern trends.
Advantages of Condominiums over Apartment Buildings
The main advantage of condominiums over apartment buildings is its collection of amenities. Other than the luxury of its location, which is found within walking distance or mass transit distance from business and commercial districts, condominiums are also known to offer their residents amenities that allow them to make the best of living in a condominium compared to any other types of housings in the Philippines.
Some of the older types of condominiums offer gyms as their amenity, while many new condo Manila had been found to provide amenities such as an indoor swimming pool or a full-size sports complex complete with basketball, volleyball, badminton, and tennis courts.
There are also a number of new condo Manila which are built for Filipino families, particularly because of their larger units that can accommodate a family of 4 or 5. And like many other condominiums in the Philippines, many condo Manila are also known to offer their own maintenance and security personnel, allowing their residents to live comfortably and safely.
Another major advantage of many condominiums in the market today is its new terms of payment. Compared to renting an apartment, these new condominiums can now be bought and paid in installment, allowing more Filipinos to own a luxurious condominium in the city.
Advantages of Apartment Buildings over Condominiums
The main advantage of apartment buildings is its affordability. Though many condominiums today can be bought and paid in installment, the down payment required for such transaction is usually higher compared to the down payment in renting an apartment unit in the city.
Though these types of housings lack the amenities that condominiums are known for, many new types of apartment buildings in the Philippines had also been known to offer a much more family-oriented environment for their residents, particularly with the new one/two/three bedroom apartments.
Another advantage of apartment buildings compared to condominiums is the condo fees. Other than the balance that residents would have to pay, as well as their monthly bills, residents would also have to pay for the maintenance and security of their condominium which is known as condo fees. Apartment tenants, on the other hand, would only have to pay their rents aside from bills. For more information visit to our site at http://www.atayala.com