Dreaming to own your condominium unit comes with desirable perks. Most people view it as expensive and unnecessary. But in reality, it’s not. In fact, you might change your life and even enjoy unique privileges when you decide to choose the best condo for yourself.
There will always be an advantage when you invest in a condo where you and your family can enjoy while living an incredibly satisfying lifestyle. No wonder there are already a lot of people who are investing their time and finances in their own condo.
Well, perhaps these people know what the advantages are when they invest in a condo unit and what they should do so that their investment will not go to waste. Maybe, investing in a condo of your own is not just all about having a good and satisfying lifestyle.
When you are planning make such an investment yet you still have doubts whether it is worth it or not, you might consider thinking twice after learning what these advantages are.
Access to classy amenities: This is one of the advantages of buying a condominium unit especially in a prime location like Makati. When you are one of the people who own a unit in the building, you get the chance to use and enjoy first-class amenities and facilities at a very low cost. Even though it requires you to pay for the facilities that you got to enjoy, at times, it is still much lower than the amount you would spend in going to other properties just to use their facilities.
When you are one of the condo unit owners, you can access their facilities whenever you feel like having fun and enjoying the day with your families and friends. Whether you want to use the building’s swimming pool, bar, gym, spa and or any other facilities, you have an instant access to use them.
The most enjoyable part? You get to experience the amenities and facilities with your friends, neighbors or those people who you just meet around the place. What a great way to meet new people!
Minimal Utility Cost: Once you become an owner, the cost of the maintenance of the water supply, the electricity, and other home maintenance will be lesser than the other home properties. You can conserve and save from household maintenance fees since you already have an access to superb amenities and facilities inside the condo building. Of course, when you use your rights to access these privileges, the lesser your need to consume your water and electricity.
And even if you use the facilities inside your condo unit, it will not be that expensive especially if you are living with others who can share the household expenses with you. With that, you can definitely save enough for future maintenance of your home.
As a condo unit owner, however, you should not always be complacent on the expenses in your house despite cutting costs here and there. Condo associations charge a monthly maintenance fee to the owners, but this should be little compared to your usage of the said facilities. Don’t forget that it is your responsibility to pay the maintenance fee.
When you are a kind of person who is concern about how secure the premises are, living in a condo will give you the security that you need. Especially when you live alone, you can request a security camera placed on the condo unit that you’re staying. Most, if not all condos offer lock entries or even security personnel for the residence that wants to have tight and secure surroundings.
And even if you don’t demand on having one around your unit, you will still be secured since there are security personnel around the premises of the condo that are constantly roaming and checking the surroundings. You will also feel secured especially when emergency occurs since you will have a lot of neighbors that you turn to when you need some help.
Yields higher ROI: Basically, condos located in the cities have high resale value. There are people who make money by buying a condo unit from one owner and selling the unit to other buyers. You can make money out of it since the price of the condo unit tends to be higher than when you first bought it. Put simply, condo prices appreciates.
If you’re planning to sell your condo unit, you can also sell it higher than the price you have paid before. You can command even higher prices when your unit is well-maintained and has many renovations and improvements that future owners may appreciate. Just make sure that before selling your condo to another buyer, everything is set – from the place to the papers for contract signing. Everything must be clear and understandable enough for the both of you, as a seller and as a buyer.
Condos with high resale value are those that are located in the city where one can have immediate access to various services, facilities, and establishments. These are the units that never run out of buyers.
Higher financial opportunities: When a person decides to purchase a unit, it doesn’t mean he or she will definitely live in the condo. You can also make money out of it by renting it out to those people who probably need a short or long-term accommodation.
Every month, you will receive their payments for their rentals. You make money that you can also place in other investments. Just make sure that you will break even at the shortest possible time and that the monthly rentals can cover the monthly association fees.
With all these benefits of investing in a condo, there will be no room for regrets. You can always live a satisfying lifestyle and you can even make money out of it. The bottom-line is, maximize the benefits while enjoying a condo lifestyle or maximize the benefits while letting others enjoy the same condo lifestyle that you are enjoying. It is always up to you what you want to do with the condo unit that you invest.
Live in the region's grandest township
Megaworld’s biggest lifestyle township in Western Visayas located in Mandurriao Iloilo City, the 72-hectare Iloilo Business Park offers four upscale and classy residential condominium towers that elevate your vision for a desirable lifestyle.
One Madison Place is a modern-designed 3-tower cluster with 10 floors each, embedded with unique lifestyle that combines classic appeal and dynamic design. One Madison Place amenities interweaves with sophisticated living perspective in the township, inspired by various influences. For outgoing and dynamic homebuyers, this kind of condominium tower fits your personality. The tower is set for turnover on March 2017 for Tower 1 and October 2017 for Tower 2-3 with 6 months grace period.
Lafayette Park Square is the first themed lifestyle condominium in Iloilo Business Park, showcasing Spanish and French architectural design. It has 14 floors and highlights classic concept and evokes romance, passion and attractive facade. The amenities of Lafayette Park Square mirrors the grandiosity of European lifestyle. Turnover date of the tower is set in 2018 with 6 months grace period.
Named after one of the earth’s rarest precious elements, The Palladium will be built as a stylish urban oasis with four skygardens where residents can relax and enjoy serene moments with nature. Residents of The Palladium will also get to enjoy the state-of-the-art amenities that the tower offers. These include an infinity pool, a children’s pool, outdoor and indoor fitness center, day care center, lawn area for events, and a function hall. From the outside, the first two levels of The Palladium will be allocated for commercial and retail shops.
Saint Honore, a 10-story condominium will be an exclusive residential community inspired by the classic architectural designs of the shophouses, boutiques, museums and retail rows of the Rue Saint-Honore, a historical street in downtown Paris. Saint Honore will also attempt to capture the “laid-back, laissez-faire Parisian way of life” with its own lifestyle amenity deck on the third floor composed of a swimming pool, a pool lounge, a kiddie pool, a Jacuzzi, function halls and a fitness center. The tower will also have an atrium, at the ground level, which will serve as the centrepiece of the development, replete with garden landscape with trellised seating. There will also be a retail component through a strip of boutiques and retail shops that will border the ground floor area of the property.
With these astonishing condominium towers, attractive amenities and lifestyle themes, there's no better choice but to choose a life at Iloilo Business Park. Avail of our special promo terms and be inspired by calling (033) 330-3464 or visit IBP Sales and Information Center to see for yourself our stunning condo model units open any day of the week.
