/Buying A Condo Or An Apartment- What To Prefer?

Buying A Condo Or An Apartment- What To Prefer?

Buying a condo or apartments depends on what lifestyle you want, what facilities you need, what environment you prefer. Some people often get confused about whether a condo will be best for them or the apartment. Condos are best if you see the association that provides you many benefits like the riviere near great world mrt. Both have their own different advantages and disadvantages, and before buying, you should keep in mind and look for all the pros and cons that are offered to be and will be suitable for you.

Now let’s know the differences between living in a condo and an apartment:-

  1. Ownership

Owning an apartment is difficult as you need to go to landlords to pay the rents whereas in a condo you can invest your money in owning the property. Also, condos are considered good for investments.

  1. Convenience

Condos often provide you with fewer conveniences as many condos societies are located on the outskirts of the city, so it is little difficult to move into the city every time you need something. Whereas convenience in apartments is easy s they are located inside the cities.

  1. Amenities and facilities

Living in condos will offer you many amenities and facilities which you don’t get while living in an apartment. Amenities like swimming pools, playgrounds, tennis court, and fitness centre etc., are provided in condos association while in apartments you have to pay extra for these facilities.

  1. Association fees

You don’t have to pay any extra fees if you’re living in an apartment whereas if you’re living in a condo, you have to pay monthly association fees for the maintenance and insurance. Whatever you save the whole month you have to pay in association fees.

Lastly, there are many such differences between an apartment and a condo. Before buying just keep a look at all the positive and negative points.

David Berin is a graduate of Multi-Media Arts in the University of Caloocan and Laguna. He started working as a digital marketer in different media companies.