Choosing the right condo is undeniably challenging. It is like choosing the right person to love – you have to consider not just the psychical aspect but the overall characteristics as well. Similarly in condo hunting, deciding on which condo best suits you is crucial. You do not just consider its appearance but the overall quality of the condo as well.
Whether you plan to invest in a condo in Paranaque like Amaia Steps Sucat and Amaia Steps Bicutan or any real estate property in the Philippines, you need to find one that you can live in for the longest possible time. For first-time homebuyers, we list down some practical steps on how you can effectively choose the right condo.
Step #1: Consider your budget
Never invest in a condo unit that is beyond your financial capacity. Do not just focus on the down payment. Keep in mind that there are other fees such as monthly dues, HOA fees, electricity bills, and other fees you are obliged to pay. If you invest in an expensive condo, this might lead you to financial problems later on. As a homebuyer, you have to be practical and realistic. Determining how much you can afford will guide you on which condo unit would fit your budget.
Step # 2: Consider the location
Where is the building located? Is it flood or accident-prone? Is it far from any convenience stores? Is your condo accessible enough in going to and from your work? What about the parking area – do you have enough space to park your car? Considering these things before the purchase as these allow you to live life more conveniently.
Step # 3: Know the developer
Buying a condo is an investment. Make sure you will get the best amenities and servicesAs a homebuyer, it is a must to consider the developer, the quality of their projects and their credentials. This way, you will know if you can entrust your hard-earned money to a reputable and trustworthy developer.
Step # 4: Learn about security
Condominiums have their distinct ways of securing the building and keeping the dwellers safe. But the question is, how tight is it in your chosen condo? Apart from the CCTV cameras that should be installed in every hallway, make sure their security guards are active in roaming around the vicinity.. Moreover, check if their fire exits are accessible enough in case of any emergency.
Step # 5: Know your neighbors
For many, neighbors can also be one of the deciding factors when choosing a condo. Knowing who your neighbors are will behelpful since you are going to interact with them every day. If you are a professional, you might get interested in living in a condo where most occupants are professionals like you. This is one way of knowing you can live comfortably with the other homeowners in the building.
Step # 6: Understand the rules
There will be certain rules that owners of condo units should follow. For instance, if the condo you chose does not allow pets in the building, you cannot let your pet live and stay with you. Look elsewhere if you are a pet lover and owner. Knowing this, you’d know right from the start to avoid condos with rules you cannot live by.
Step # 7: Choose your view
Do not forget to choose your view. This is one of the advantages when you live in a condo – you’ll get to experience a breathtaking view around you. If you are afraid of heights, then you can opt to choose the lower floor. You will also have freedom to choose whether you’ll go for the mountain or the city view. Regardless of your choice, keep in mind that having a great view from your unit is one way to increase its value.
When choosing a condo unit, try not to get overwhelmed by the number of choices and the actual process of picking which one suits youbest. In this way, you can weigh the pros and cons of your prospect condo properly. You can only say that your condo hunting is a success once you land in the right condo that fits your budget and your needs. Much like choosing the one you are going to spend the rest of your life with, right?