Condo Unit Or House & Lot?

[wynd247]

Before, I am thinking of getting a condo unit... But I have thought it over and decided that I will just get a house and lot...

 

Think of the facts : With a Condo, you only get rights to the unit. If the building gets demolished/condemned or if the building collapsed because of an earthquake, then your investment on the unit is also lost. You only have rights to the unit and not on the land that the building was built on. Also, the value of a building depreciates over time. Another thing to consider is room for expansion... With a condo unit, you have no room for any major expansion.

 

Now, with a house and lot... It might be more expensive than a condo unit to start with, but it pays to invest in one. My main reason why this is the best investment for my money? One, the price of land appreciates yearly...as time goes by and a piece of land is hard to come by with, owning a lot will be a luxury. Second, if you buy a land and house from a respected land developer, let's say AyalaLand, then security is not a question as all residencies developed by Ayala has good security. Also, with a land and house, there are a lot of rooms for improvements and expansions. And it feels more safe... Also, even if your house collapsed due to earthquake, you can build another one since you own the land where your house was built on.

 

So for me, the best investment, not only for my money but for the future and security of my family will still be a House and Lot... That's Hands Down!!!

[DivisoriaBhoy69]

House and Lot! However House and Lot costs a lot talaga :headsetsmiley:

[mastertorero]

Condos are well-marketed products for schmucks who like to feel they're all that. Pag wala kang lupa at bahay, you really have strayed so far from the basics. Land, air, a place to stroll and let kids play, lots of greenery... these are things no condo can provide, even with a communal area for jogging and such. Sila Zobel ba, tingin niyo titira sa condo for long term? Inde. But they sure sell a lot of these to the consuming masses.

 

ahahaha....schmucks....i like that.

 

 

but yeah, haus en lot talaga the best and totoong long-term na investment.

[goodsamaritan]

I prefer house and lot because you get to own the lot. If condo kasi you don't own the lot eh

[kookoochiao]

In my home province, syempre a house and lot. No question about that.

 

And, if I have the extra money for investment, then a condo in Manila coz it's easier to rent out.

[CelP]

house and lot....

[orionquest]

house and lot syempre. u get your moneys worth.

[atomicogerard]

house and lot...sa yo talaga yung lot...pag condo space lang yung sa yo

[radc]

House and lot then may maliit na garden to play with my kids.

[jcsantos]

House and Lot, you'll have your own garden and kids can play

[phookie22]

house and lot... good for the kids, plus you always have the option of expansion. it's also like a symbol of your legacy which you can always leave to your children. it's like security for your kids when the time comes.

[fortysixer]

definitely a house and lot

[Dupin]

House and lot

[manilakano]

House and lot.

For the same amount of money you get way much more space plus a parking and a garden.

You have your own privacy.

Can renovate as you like.

If in a middle subdivision and abvove you get the security and amenities a condo offers too.

A bit more driving to downtown but i guess it worths it.

Put the economics and the money you would have spent for the same amount of m2 in a condo can cover the fees of a driver for a life long!!!

Views is where the condo exceeds but then again most of condos they just overlooking to slums, do you really want to see that?

[SkimpyDeLeon]

Buy a condo unit, furnish it and have it rented out. That way the rent will cover for the overhead, may extra income ka pa. Then save up for a house and lot and keep the rent from the condo coming in to pay for your own overhead.