Covenants, conditions and restrictions, or CC&Rs, lay out the HOA’s rules. “Condominiums are often referred to as a ‘common interest development,” Leonard says. Private lounges and entertainment spaces are also common amenities in high-rise condos, providing residents with exclusive areas to socialize, host gatherings, or simply unwind. These stylishly designed spaces often feature comfortable seating, entertainment systems, and sometimes even a fully equipped kitchen or bar area. They offer the perfect setting for hosting events, celebrating special occasions, or enjoying quality time with friends and neighbors.
In-house financingThis is when property developers offer financing directly to the buyer. This may have higher interest rates than bank loans but often have more flexible payment terms. Mortgage loans are the most common financing option when buying a condo property in the Philippines. Once you’ve found the condo property that meets your needs, the next step is to determine your budget and financing options. Attending property viewings is an essential part of the research process when buying a condo property in the Philippines. It’s important to choose a developer that has a good reputation and a proven track record of delivering quality projects on time.
Exclusive 3 Bedroom Unit for Sale in Shang Residences Wack Wack Mandaluyong City
The property features an outdoor swimming pool, garden, and parking on-site among other facilities. This condo hotel offers air-conditioned accommodations with a balcony. The accommodation provides a sauna, free Wifi throughout the property, and family rooms.
This is driven by the allure of city living, the perks of condo ownership, and its promising investment potential. Getting a condo unit has also proven to be a good investment as the country’s housing market shows growth and resilience in recent years. To illustrate this, the price of units in Metro Manila’s central business districts rose by 3.93%
