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Condo Unit Or House & Lot?


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  • 3 weeks later...
Guest romantico888
Which is one better, a condo unit or a house and lot

 

there are pros and cons between the 2..

 

condo unit:

 

pros: near your workplace,

near just about anywhere in metro manila,

low maintainance

secured

 

cons: expensive water,

expensive association fees,

higher risk

unnatural living

 

 

house and Lot:

 

pros: nice environment and community

appreciates in value

 

 

cons: far from metro manila

far from workplace

high maintenance

unsecured

 

 

so which one will you prefer buying, owning, for use as investment or for personal use?

 

 

personal use or investment i prefer house and lot.

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House and Lot.

 

At least, it is for life. Unlike the Condo unit, it is only good for 50 years from the day the bldg. started. After 50 years, the condo bldg is subject for full inspection by the city engineers. If the city engineers find the condo bldg to be unsafe then you have to part ways with your investment.

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