Learning The Pros And Cons Of Condominiums
Learning The Pros And Cons Of Condominiums
Condominiums have become very popular in the Philippines. Many Filipinos today, particularly the wealthy, have decided to own a condo unit because of its luxurious lifestyle, a kind of life deserving for the wealthy. However, other than its luxurious lifestyle, condominiums are also known for its other benefits that makes it a very popular type of housing not only for the wealthy, but to many Filipinos.
Pros of Condominiums The reason why condominiums became popular is because of its many benefits which is commonly rare or non-existent in other types of housing, particularly with the typical house. Here are some of those benefits:
Location The real reason why condominiums became popular other than its luxurious lifestyle is because of its location. Mostcondo manila are those found in popular commercial areas as well as business districts, such as in Makati City or those around Ortigas and Eastwood, Pasig City. Because of its location, residents are given the luxury of living within walking distance to popular locations in the city as well as their workplaces, allowing them to avoid the dreaded rush hour.
Maintainability and security Another reason why condominiums became popular, even more popular than apartments and townhouses, is because of its maintainability as well as security. Although there are security in apartments (building) as well as a number of townhouses, condominiums are still known for its security measures as well as with their maintenance personnel that assure the livability of their condominium.
Amenities Newcondo manila are known for their amenities which allows its residents to exclusively enjoy. These amenities include swimming pools, gyms, and other popular recreational facilities such as parks and playgrounds. Most condominiums that possess such kinds of amenities are mostly known as condominium complexes, which are similar to townhouse complexes but cheaper.
Cons of Condominiums Though condominiums are known for their advantages and benefits, many have also found several disadvantages to owning a condominium. These disadvantages may include:
Expensiveness Condominiums, though beneficial and can provide advantages for its residents, are known for its expensiveness. Because of its location, security, maintainability, and amenities, condominiums have been considered as one of the most expensive type of housing in the Philippines.
Condo fees Another major disadvantage of condominiums is its fees. Every condominiums, such as the manycondo manila, are known for their condo fees. These fees are separate from the bills paid for water and electric. These fees are mostly used for the maintenance of the condominium. Though some are known for their cheaper fees, many are known for its expensiveness. For more information visit to our site at http://www.atayala.com