Uploaded on Aug 12, 2022
Condo living offers a low-maintenance lifestyle that is oftentimes more affordable than owning a single-family residence. This will detail most of the pros of condo living and compare to options in living in a single-family home or townhome.
Top 5 Pros of Condo Living
Top 5 Pros of
Condo Living
DOLOR SIT AMET
A condo which is short for “condominium”, is
a private residence within more significant
buildings or communities. Condos share
common areas with all the other units in
their community. These common areas, with
all the other units in their condo community,
can include, a swimming pool, parks and
gardens, fitness centers, clubhouses, study
nooks, basketball courts, and tennis courts.
Unlike an apartment, however, a condo
owner pays monthly dues to keep these
amenities operating and in good condition.
5 Pros of living in a condo
1. LESS MAINTENANCE
One of the best benefits of condo living is that
other people do the maintenance for you. They cut
the grass and maintain the grounds, throw the
garbage, fix the roofs, and sweep the fallen leaves
in the area, and you don’t have to worry about
finding someone to replace the siding. If you’re a
first-time condo unit owner, in poor health, like to
travel, have a staycation, are busy with work, busy
with life in general, or you just don’t want to deal
with all the chores, this is a major benefit. So, rest
assured your community will be looking spot on
and taken care of.
2. 24/7 SECURITY
Many condos such as our Italian-themed condo,
Valenza Mansions offer gated locked entries,
doorkeepers, and even security professionals for our
valued residents. If you live alone or security is a
concern for you, this can be reassuring because it will
reduce the risk of home break-ins. Most condos
feature controlled access that prohibits entry without
an access code. Some complexes even require a key
fob to call the elevator or select a floor. Additionally,
many condo buildings place CCTV cameras at the
entrances and common areas. Some folks feel more
secure knowing neighbors surround them.
3. AMENITIES
Want a gym? A pool? Study nook? Friday game nights
at the community clubhouse? Something Valenza
Mansions has to offer for future developments. Condo
communities offer residents amenities that are out of
reach for the average homeowner. These amenities
can also make it much easier to get to know your
neighbors. If you live alone or love to socialize. This
can be a great perk to have. Some condo buildings
feature impressive amenity packages and
recreational facilities. Examples could include
meeting rooms, swimming pools, a fitness center,
sauna, gym, rooftop decks, and even access to
ground-level retail establishments.
4. AFFORDABILITY
Condominiums are often priced lower than
single-family homes, especially with the flexible
payment schemes condominiums have to offer
especially with the likes of Crown Asia Properties
and Valenza Mansions with a large variety of
payment terms to choose from. Depending on
where you’re from and given the location of the
project and developer, the asking price can be
dramatically lower than a single-family home.
So, if you want to dive into homeownership on a
tighter budget, a condo can be a great first step
to owning your first piece of real estate.
5. APPRECIATION
Real estate is hyper-local, and condominiums
appreciation can vary outstandingly between cities. In
some cities, condos surpass the appreciation of single-
family residences. But always be sure to examine the
area or the historical background of the condo market in
the area before jumping in. Some have even used
condo ownership as a stepping stone to owning a
house, which is great for starting students seeking out
independence on their own, especially with the rise of a
university belt here in the south of Sta. Rosa Laguna.
Initially, buying a condo is the only type of home they
can afford. But eventually, their condo appreciates, and
they can use accrued equity as a down payment on a
single-family home.
In the past years, condos typically have a slower appreciation rate than single-
family homes because single-family homes are more alluring to others.
However, times are changing, and with the rapid growth of development in
certain areas and locations just like Sta. Rosa Laguna which is roaring its way to
growth, the rapid growth of market value for condominiums has risen to great
numbers within the years, due to the swift development of access roads,
Universities, lifestyle malls, business parks, and even tourist attractions in the
area.
Contact us
Get in touch with us
Head Office
LGF, Building B, Evia Lifestyle Center, Daang Hari
Road, Almanza Dos, Las Piñas, 1750 Metro Manila
Phone No. Inquiries (House & Inquiries (Condominium)
(+639) 56 654 8258
(+632) 8882 7696 Lot)
(+639) 56 380 0015
To know more visit us now at
www.crownasia.com.ph
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