5 Reasons It’s Time to Consider Investing in a Condo

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Condominiums have turned out to be a practical option for people looking for convenience, especially for those who work in the busy cities of the metro and for students who study in the universities of Metro Manila.

So if you’re one of those looking to invest in a space of your own, we’ve listed 5 reasons why you should consider condo living.

ALSO READ: The Benefits of Living in a Condo Over Dormitories

You’ve Been Stressing About Your Cost of Renting

You realize that the money you spend for your monthly rent could be put to better use by investing it on a place of your own.

Talk to a broker or a real estate agent to gauge the housing options within your budget. There a lot of flexible payment terms with early move-in promos available in the market. Just be prepared for the long-term financial responsibility that comes with this investment. Banks may grant you a housing loan payable from 10 to 20 years.

You Spend a lot of time (and money) commuting

Metro Manila residents spend at least 1000 hours a year in traffic. Imagine the productive things you could have done with those wasted time. This is why being in close proximity to schools and business districts are enough reasons to consider living in a condo.

Condos are strategically placed in highly urbanized areas. This means you have easier access to schools, shops and offices. RSG St. Scho ResiDens is one condo that is located in Manila near schools like College of St. Benilde and De La Salle University.

You Want to Start Living Independently

Independent living is a milestone for every individual. It’s a step towards defining your own space in the world and it gives you that self-assurance that you can now stand on your own.

While it is common in Filipino culture to live with your parents or in-laws, nothing beats the feeling of having a place that you can call your own. You get to live on your own terms and have the freedom you need to take control of your life.

You Want a Lifestyle Upgrade

Compared to other investments, real estate is an asset that is stable and appreciates over time. It is also covered with Condominium Certificate Title that you can sell or transfer.

Investing your money in condos in prime locations actually give you a financial advantage. You may invest during the pre-selling stages while the prices are low and flip it once turned-over already. You may also have them leased out to provide passive income income streams. And of course, if you choose to live in the unit — condominiums allow you to enjoy the convenience and comforts of the urban city lifestyle.

You Want To Make More Time For Things Truly Matter

Aside from the obvious practical and financial benefits, there are emotional, social mental and physical benefits to condo living too. You may not notice it, but the stress of commute, worry about security and the added task of expenses and maintenance to your existing living conditions may be taking a toll on you. It’s about time to address all those.

With all the abovementioned perks, condo ownership is also more than just having a place to live, it’s also about living the life you want.

Take your pick from Honeycomb Builders Inc., one of Philippines’ reliable real estate companies to get you through the hassle of choosing a condo that suits you best. Once that’s eased off your mind – you do begin to make time for things that matter to you most.

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