The appeal of condo living

When you think of home, what do you envision?

If the first thing you see is a private sanctuary in the sky, you are not alone. Condominium ownership has boomed in recent years, especially in Metro Manila. Troubled by traffic and travel distances, many choose to make the metro their home for convenience.

And with land in central business districts (CBDs) becoming increasingly expensive, condominiums have become the practical entry point to homeownership in strategic locations.

But the appeal of condo living goes beyond just convenience. More and more, people are drawn to the lifestyle it offers. Today, let us explore what makes living in condominiums appealing, not only in Metro Manila but also in other cities across the country.

Accessibility

Usually located near places of work or study, condominiums generally eliminate the need for long commutes. They let residents sleep in a little longer in the morning and arrive home earlier at night. These also help reduce the stress and cost of daily travel.

They are also particularly appealing to persons with disabilities (PWDs), as numerous elevators and building staff help make moving about easier compared to a traditional house setup.

Outside the metro, condominiums are also convenient because they are usually located near tourist destinations. They offer exceptional views and accessibility to the often overwhelmed traveler.

Affordability

Condominiums can be appealing due to their affordability.

A condominium unit in the city usually costs less than a traditional horizontal home in the same vicinity. Many developers also offer various payment schemes geared toward full home ownership. This is particularly appealing to employees, as they would be able to live in a home already with just a downpayment.

While the full price tag of a condominium unit may feel steep compared to a traditional home, the accompanying benefits make up for it.

Think of it this way: for the price of a condominium unit, it is as if you are getting a home with a club membership that gives you exclusive access to state-of-the-art amenities. You are not only purchasing a place to sleep in, you are getting a gateway to a holistic lifestyle.

Amenities

From swimming pools to fitness centers, condominiums allow us to pursue various interests all under one roof.

Even with a hectic schedule and a busy career, you can still maintain good health and sneak in some rest time with the exclusive amenities many high-rise residences offer. The maintenance of these offerings is handled by the building management, so you don’t have to worry about keeping the pool constantly clean as long as you pay your monthly dues.

The cost of maintenance is also shared between all unit owners so this amount is not too heavy on the pocket. It’s really a win-win situation for all.

Easy maintenance

Besides the shared amenities, another thing that is easy to maintain within condominiums is the unit itself.

You don’t have to spend long hours cleaning your home, even on a daily basis. Some buildings offer in-house cleaning and repair services, allowing you to maintain the upkeep of your home even with your limited time and know-how.

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This setup is ideal for yuppies who cannot grasp yet the tasks of traditional home maintenance, and for seniors who might find home maintenance difficult for their age.

Attractive investment

Lastly, condominiums are prized because they are great modes of investment.

If you choose to rent out your unit for short-term vacations or long-term leases, you can easily get back your capital within a few years’ time.

The value of units rises significantly over short periods, so re-selling your condominium unit is also a great move if you’re looking to earn through the real estate market. Whether you’re looking to rent out or resell your condominium unit, a home in the city will definitely pay off for you.

Overall, condominium living is a great way to pursue the urban lifestyle.

From its resort-like amenities to its ease of maintenance, a condominium offers various benefits to its residents. There’s no question as to why condominium living is a wise choice to make if you live in the city.