Condo living offers a lot of perks, but most people mistakenly think that it’s for young, single professionals only. The truth is, from growing families to retirees, people from different walks and stages of life are choosing vertical living. Of course, it’s not for everyone, just like any other living arrangement. If you do see these signs though, it’s certainly worth getting a unit:
You want to save money
A big home with a big kitchen and a big yard is often what Filipinos have in mind when it comes to dream homes. Some do fulfill such a dream, but struggle in maintaining their property. A bigger house would mean more expensive utility bills, cleaning costs, and loan payments.
If you have a smaller space, like that in a condo, you’re able to keep the house expenses significantly lower than the traditional home. Plus, you can make the most of the relatively lower selling price. Some units are priced at less than a million, so you can have your own piece of property without breaking the bank.
Of course, there are also loan options you can explore to make the buying more bearable. Consult different lenders or try mortgage calculators online to know how you can better prepare financially.
You are fond of travelling
Most retirees who love to travel for leisure and young professionals who are sometimes assigned to an out-of-the-country trip for work find condo living most beneficial not only because of the mentioned fact that they have more savings, but because they don’t have to worry about security issues.
In homes located in subdivisions, there’s always the risk of leaving them unoccupied for days. That’s why a lot of people have their neighbors check on their properties for them every now and then. In condos, there are guards patrolling around the community and 24/7 CCTV surveillance of the entire complex, so burglary is less likely. If you’re a frequent traveler, consider getting a condominium in Ortigas and other central business districts, so you can ensure first-rate security service.
You value convenience on the use of space
Some people think that they’re giving up space when they buy condo units. The fact is you’re only redefining the use of the space, with an emphasis on convenience.
You may have “ditched” the big yard of the bungalow, but you’re able to gain access to a sprawling green space that you share with other residents. You may have no spare room for a home gym, but your condo complex has an in-house fitness center you can go to any time. You don’t have a big yard to build a swimming pool at, but there’s no need for it, as there’s a pool already at your neighborhood. If you want to have “more” space, without the hassle of maintaining it, then a condo is a right fit for you.
Again, vertical living isn’t just for the young and the singles. You yourself can also thrive in this lifestyle. That is if you pay attention to the mentioned signs.