It’s time for you to have your own affordable condo
Nowadays, the dream property that most people go for is having their own affordable condo. Because families are generally smaller now plus with most of us opting for a fast-paced and convenient life, condominium-living has really become a popular choice for a lot of new families, newlyweds and even yuppies venturing out on their own for the first time. Whether it’s for rent or for sale, affordable condos are definitely a good choice especially with the kind of living that we all prefer nowadays, and it’s better to really understand what living in one entails.
One of the things that is most ideal about living in an affordable condo is the convenience. Most condominiums usually have their own security and a whole suite of amenities, which of course you will share with the other tenants in the building. It also usually has a homeowners association that requires monthly fees, and this all goes to maintaining the property and also paying the salaries of the staff who live in the building.
Parking also usually comes at an extra cost, and for high density buildings, this can be scarce and therefore could cause issues among homeowners and property managers. Living in close proximity with the other tenants also usually requires knowing a certain etiquette when it comes to condominium living, and this includes not playing loud music, not being too noisy when having house parties and the like.
Not sure yet if you should buy? You can opt to rent an affordable condo
Especially if you’re still saving up for the downpayment or you are still planning out where you actually want to be located, renting out an affordable condo is a good option if you’re not yet ready to purchase your own.The great thing is there are a lot of great options in the Quezon City area, and chances are good you can find one in your chosen area that will fit your budget, averaging about P20,000 a month. In the southern part of Metro Manila, the range can also be from P35,000 a month to P40,000 a month. You can check out options in the Paranaque, Muntinlupa and Las Pinas area.
Ready to make a big decision? Then it’s time to purchase an affordable condo
But if you’re at that point in your life wherein you’re ready to have your own affordable condo under your name, then it’s time to see what is most ideal for you to purchase. Of course, the price range of the property will largely depend on the location you will go for. In the Quezon City area, your options will range from P2 Million to P4 Million and some places you might want to check out include Diliman and the area near Katipunan Avenue. If you prefer to live in the Pioneer Mandaluyong area, your options will range from about P3 Million to P5 Million depending on the size. You can also look in the Taguig area, with units closer to the central business district averaging about P8 Million upwards.