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Why Houses Are Still Popular Over Condominiums by Catherine Ruiz





Article Author Biography
Why Houses Are Still Popular Over Condominiums by
Article Posted: 06/08/2010
Article Views: 147
Articles Written: 381
Word Count: 425
Article Votes: 2
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Why Houses Are Still Popular Over Condominiums


 
Real Estate
Condominiums are considered by many Filipinos as one of the most popular types of available in the market today. Its popularity in the market is fueled by its large demand, particularly in Metro Manila, as well as its growing numbers not only within Metro Manila, as well as along the neighboring provinces.

Although condominiums have gained recognition among many Filipinos, there are still those that opts to buy a simple house rather than a condominium. According to many Filipinos, though condominiums have become a very popular type of housing in the Philippines, particularly because of its many benefits, houses still holds several advantages that condominiums lack. This includes its affordability.

The advantage of houses from condominiums Though condominiums lead in terms of luxurious lifestyle and location, many new Philippines properties for sale such as houses have been made available in the market which is known for its many benefits. Though not as luxurious nor as beneficial are condominiums, these new types of housing became popular because of its affordability.

Because of the current economic downfall in the Philippines, many Filipinos today have become more and more practical in terms of investments. Condominiums, though very beneficial, particularly for those that works in the city, such as in Makati or Ortigas, its cost, however, may not be as practical for many Filipinos. Houses, on the other hand, has become more affordable than these types of housing.

Many Philippines properties for sale such as houses have become available in the market. Though houses sold within Manila are expensive, many of its neighboring cities such as in Caloocan and Quezon City offer more affordable houses. For the sum of P800,000 Philippine Pesos, a Filipino could easily buy a whole house in Caloocan or in some parts of Quezon City.

However, other than in these locations, a number of new houses have been made available outside these cities. Though far from the city, these new types of houses are usually found in a luxurious housing community, which are usually known for its amenities such as swimming pools, gyms, and recreational parks.

Other than its great advantages in terms of affordability and amenities, these housing communities can also provide people with great deals. Unlike investing in one payment, Filipinos could apply for an installment type of payment, allowing them to have a suitable type of housing without having to invest too much. And for the span of 10 to 30 years, they could now own a house for themselves. For more information visit to our site at http://www.atayala.com

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