Why Are Condominiums Popular In The Philippines
Condominiums are one of the most popular types of residential real estate in the Philippines today
. The reason for its popularity in today's market are the many benefits that residents could experience while living in a condo unit as well as the number of href="http://www.atayala.com/">condo for sale Philippines. So what are the many benefits or advantages of living in a condominium rather than any other types of house?Advantages
The main advantage of most href="http://www.atayala.com/">condo for sale Philippines is its affordability. Although condominiums were known for its expensiveness in the past in which the wealthy are the only ones that can afford to buy one, most condominiums today became more affordable, especially for the middle class of society.
According to many experts, because of the number of condominiums rising up from the market, which causes the competition to grow, the cost of condominiums have significantly decreased, allowing Filipinos to get a chance to find a suitable housing for their own or their family. However, other than its affordability, condominiums have also been popular because of its location.
Most href="http://www.atayala.com/">condo for sale Philippines are those found near or within major business districts or around commercial areas. This allows its residents to avoid rush hour which is a major problem in the Philippines. However, other than those condominiums in big cities, there are also condominiums found outside these cities and in a more quiet location. These types of condominiums are commonly known as condominium complexes.
Although the location of most condominium complexes places its residents outside the reach of business districts as well as commercial areas, these types of condominiums do have their own advantages compared to other types of condominiums. Most condominium complexes have amenities which are usually only found in townhouse complexes. Amenities such as swimming pools, gyms, and recreational areas are what made condominium complexes very popular among Filipinos.
Disadvantages
However, other than advantages, condominiums are also known for its disadvantages compared to other types of housing. One disadvantage is its month fee. These fees are separate from other bills such as water and electric. This fee is used to maintain the whole compound or building as well as wages for its maintenance personnel as well as for the security.For more information visit to our site at http://www.atayala.com
by: Deirdre Gonzales