Before starting your real estate investment journey, there are a lot of factors that need to be considered. Starting from the choice of the property type, whether a traditional house and lot or condominium from high-rise buildings. The importance of housing type takes part in the decision-making of the future investors. Even though it shows differences in lifestyle and prices, it can be a deciding factor to determine whether a full house and lot or condo is more suitable for your needs.
Your Dream House and Lot
One of the popular choices among property buyers is a house and lot wherein it is a type of property that includes a housing building and specified land area. It can be a single-family home or a multi-unit complex that can be found in several locations from residential neighborhoods, commercial areas, or rural settings. However, there are also some factors to consider such as the location, size of the lot, floor plan, amenities, and the price.
One of the best real estate developers who offers a good deal of house and lot properties are PHINMA Properties–establishing PHINMA Maayos Tugbok located in Davao City and PHINMA Maayo San Jose in Batangas City. It offers unparalleled service, location-wise, spacious lot, modern and good quality Filipino designs. Each property is crafted to inspire and uplift lives through expansive space, comfort, good neighborhood, and the perfect space for families to grow.
Owning a Condominium
In recent years, people have been actively moving and purchasing condo units due to the changes of urban lifestyle. A condominium is an individually owned unit in a building of multiple units usually located in urban areas wherein it is within reach of shops, restaurants, and more. Being a condo owner means owning the space inside their condo and sharing an ownership interest in the community property.
PHINMA Maayo Metrotowne is one of the best examples of condo units offered by PHINMA Properties located at Las Piñas City. With the bustling city location it is the perfect place for your needs, with a top-notch security system, various amenities the family can enjoy, playground, swimming pool, outdoor dining, gaming room, function hall, fitness gym, and co-working area.
What to choose between House and Lot vs. Condo?
If you value privacy, crave space, and have ample experience or want to be responsible, a house and lot is the better option. When you purchase a house and lot, you have the exclusive ownership of the entire land. Although it is much more expensive compared to condos, it is much easier to sell in the market.
On the other hand, condo units are much more affordable in real estate. Another upside is the ease and convenience of property management. With condos being near to city life, it is more attractive to professionals who wish to live close to their workplace.
In PHINMA Properties whether it is a house and lot or condo you want to purchase it has a variety of options that is well-suited for your preferences and lifestyle. Whether it is about your affordability, convenience, appreciation, lifestyle and status, PHINMA has it all for you.
For more information on available residential properties and investment opportunities, visit PHINMA Properties.
