Condominium, A Home For Luxury

When it comes to the types of housing or residential real estate in the Philippines

, condominiums have been one of the most popular and sought after type of house in the country. Although many would still prefer to live in a normal house, the Filipino community is now slowly turning their attention to owning a condo unit for their own. The reason why many would prefer to buy a condominium unit rather than a house or any other types of residence is because of its advantages that other types of residence doesn't possess.

Here are some of the reasons why condominiums became popular for many Filipinos:

Condominium, A Home For Luxury

For Filipinos, owning a condo unit symbolize wealth, typically because of its luxury as well as with its price. However, the truth about owning a condominium is that does provide luxury, but some have noticed that condominiums are much more affordable than buying a house. Compared to the cost of a house sold in Manila today, which could cost around P2,000,000 to P10,000,000 million Philippine Pesos, condominium could only cost half its price, usually ranging from P500,000 to P5,000,000 Philippine Pesos. This, however, depends on its location.

There are two types of condominiums available in the market today, the condominium building such as those makati condo and condominium complex. Each has their own advantages as well as disadvantages. Nonetheless, these condominiums are still known for their affordability. So what are the difference of condominium buildings and condominium complexes?

Condominium buildings

Most condominium buildings are found near or inside major business districts, such as those makati condo. The advantage of condominium buildings is that it puts its residents in locations near business districts and commercial areas. This allows them to avoid rush hour which is a typical problem for many motorists.

Although found in cities, these types of condominiums are still known for their luxurious living spaces, such as the many popular makati condo. Most condominium buildings have their own amenities such as a gym or a spa. However, when it comes to amenities, condominium complexes are known to give more than just a gym.

Condominium complex

Condominium complexes are similar to townhouse complexes which are known for their amenities. These types of condominiums are complete with high security and resort facilities such as swimming pools, gyms, parks and playground equipment. However, most of these condominiums are found in the outskirts or in provincial areas such as those found in Tagaytay.

Although it puts people on the disadvantage, particularly when entering a city, these types of condominiums does provide a more comfortable living space compared to the busy living in the city.For more information visit to our site at http://www.atayala.com

by: Deirdre Gonzales

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