Transitioning From a House to a Condo
How to quickly adapt to living in a smaller space
Most people would think twice about downsizing into a condo. But for some people, living in a house with too many unused space and paying so many bills can be exhausting. And there are actually a lot of benefits when you invest in a condo unit.
This situation is true for migrant workers or people whose work requires them to frequently travel. A situation that the millennial workforce can alsorelate to. A majority of them would often prefer to live in a smaller space because it’s easier to maintain, less expenses, near to Central Business Districts(CBDs), and the instant community.
Easy Maintenance
Since a condo is a smaller living quarters, it’s easier to clean and maintain the clutter around your condo home. You won’t ever have to worry about cleaning 3 rooms, 2 floors, a balcony, and your garage. Just a quick sweep and vacuum of your condo unit takes about an hour max.
Less Expenses
When you’re living in a condo unit, your home expenses are relatively lower compared to a house. However, that doesn’t mean that your expenses are going to completely change. You’re still going to pay your condo owner dues instead of your homeowners’ dues. You’re still going to pay for the monthly amortization, utility bills etc.
Convenient Location
Condos are usually built at the heart of the city, where entertainnment and social hubs are buzzing with activities. Compared to a house that is usually located at the outskirts of a town or city, you spend less time commuting to work or school. In most cases, you can walk going to work when you’re living in a condo near the CBD.
Instant Community
Condo buildings and apartment complexes have usually a tight group compared to a house community. This is because of the close living conditions. Living so close to other people creates a sense of community that is different from what you would find in a typical neighborhood. As a result, many apartment dwellers are proud of their community, and their neighbors can become close friends.
Just like buying a home, buying a condo can be daunting too. The first thing you need to keep in mind is that not all condominiums are built the same. The buildings where units are placed can be high-rise, mid-rise, or low-rise buildings. The price will also vary depending on the unit’s type, if it is a pre-selling price or if it is ready-for-occupancy (RFO). The latter is almost always the most expensive because the unit is already built and ready to be lived in.
Overall, selling your house to move into a one bedroom unit depends on your preference and lifestyle. If you’re a young independent professional, it’s a great idea to live in condo where you can easily track your expenses and maintain the upkeep of your living space.
Looking for a condo unit in the Philippines? There’s a lot of condos for sale for every price range. And it’s very important to invest in a reputable real estate developer and broker.
Vistaland International has all that in their lineup of homebuilders in the Philippines and their widely-trusted internatuonal real estate brokers. Send them a message today!
