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Uploaded on May 6, 2020
Category
Real Estate
Urbanization and rapid population growth have changed the face of real estate in the Philippines. These days, more and more people are opting to live in condos and the market is also attracting an ever increasing number of foreign investors. To help you get started in this growing market, let this checklist of tips guide you in buying a condo: https://www.lamudi.com.ph/journal/five-tips-consider-before-buying-condo-philippines/ Link to journal/webpage: https://www.lamudi.com.ph/journal/five-tips-consider-before-buying-condo-philippines/
Category
Real Estate
Tips for Buying a Condo in the Philippines | Lamudi
✔ CHECKLIST
FIVE TIPS FOR BUYING A
CONDO IN THE PHILIPPINES
✔CHECKLIST
FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINES
✔TIP #1
Do your research
Before you even go to open inspections and
condo tours, remember to do your research
and conduct a background check on the
property developer. This way, you’ll become
acquainted with the company’s portfolio,
client testimonials and the developer’s
current projects.
✔CHECKLIST
FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINES
✔TIP #2
Consider property
management
It is one thing to be able to finish the
development within budget and on time.
But once construction is completed, what
will matter more is the company’s ability to
manage the property well.
✔CHECKLIST
FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINES
✔TIP #3
Find the perfect location
As a general rule, condos are often
located close to central business districts
in metro areas. Many condos have been
constructed near connected to or at least
near MRT stations in Manila. But you should
still consider its accessibility to major
thoroughfares and public transport.
✔CHECKLIST
FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINES
✔TIP #4
Inspect the property
Make sure you get the chance to view the
actual units, so you can see firsthand whether
the amenities and features offered are right
for you.
✔CHECKLIST
FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINES
✔TIP #5
Review your budget
This may sound obvious, but one of the final
things you should do is calculate what you
can afford and make sure the property fits
your set budget.
✔ CHECKLIST
FIVE TIPS FOR BUYING A
CONDO IN THE PHILIPPINES
For more information, you may read the article at
Checklist: Five tips for buying a condo in the
Philippines
Lamudi.com.ph is the leading real estate platform in the
Philippines. We offer sellers, buyers, and renters a secure
and easy-to-use platform to find or list properties online.
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