Home is what we described as a place of comfort, security, and love. It is not measured by how big your lot or space is but how these elements sum up your living condition. In the Philippines, there are several types of housing properties you can look at for investment or ownership.
Considerably looking for your own home is one of the most important investments an individual is dreaming to get or accomplish. Before building your humble abode, do you know which housing type can be suitable for your needs and demands?
In this article, we will be describing the differences of the most common housing types in the country to help you decide where to start looking for your dream home in the Philippines.
Bungalows
The bungalow is probably one of the most ideal types of retirement house in the Philippines. It is a one-story house which sets up the whole area and rooms in a house on one level.
This means that the living area, dining area, kitchen, bedrooms, and bathroom are on the same floor. Hence, it makes living conditions for elders better as they don’t have to take stairs anymore.
Although, bungalows are also ideal as start-up homes for newlyweds or starting families as relatively some housing developers offer bungalow types of houses with an affordable price depending on their location.
This type of housing is also the most common as it is easier to build. Meanwhile, it is also easier to maintain compared to townhouses and multi-story houses because of the singular floor level area. The rooftop is pretty much safer to clean as well as most often bungalows do not have too high ceiling levels too.
The only setback in finding a bungalow is to find it on most property developers as you cannot see most often a master-planned bungalow house rather you may find multi-stories or townhouses. But you may opt to seek a raw lot where you can build your bungalow type of house.
Multi-story Houses
Larger family size is one of the common denominators among Filipino families which makes multi-story houses an appropriate housing option for big families. A family size of 5 to more members can make a home space suitable for this type of house.
Most often a living area, kitchen, dining area, common bathroom, and powder room are on the lower level. Some private spaces which include the bedroom are on the upper floors.
Maintaining this type of household can take much effort because of its size and number of floors. This can work well for middle-class households or households with a good number of adults to maintain it.
A multi-story house can be bought and built at an affordable price in the countryside locations. Usually, land can cost more expensive in the city proper because of the declining number of vacant lots for residential houses.
On the other hand, if you are just looking for a rest or a second house for vacation building a multi-story house in the suburban area can be a wonderful option for you and your family.
Townhouses
If you are a large family but looking for more affordable options, then townhouses may be appropriate for you. Townhouses are houses in multi-levels that are built sharing one roof or in a row of houses sharing common outdoor spaces.
These types of houses are also referred sometimes to as apartments. If you are looking for a larger space to start your home townhouses can be very much a good option. Especially if you have a kid, creating neighborhood relationships is healthy in a townhouse where everybody shares common spaces that includes the amenities.
Sometimes there is a property management office in private townhouse developers who handles the maintenance and safety of the neighborhood. Hence, townhouses can be more convenient in terms of maintenance and cleaning.
Townhouses are also ideal if you do not want to stay in highly elevated homes such as condominiums but would want to have a good amount of air and light coming inside your private place. Usually, these types of homes are 2-3 levels only and can be purchased from locations within the city and in the countryside.
Condominiums
Start-up property investments are also common for condominium buyers. A lot of urban professionals normally select condo units for sale because of their strategic location within the metro.
Condominiums are homes that are usually found in low-rise to high-rise buildings. Unlike the other three options, condominiums are spaces bought and you become part of a condominium corporation as a shareholder.
It also offers more convenient financing and payment schemes compared to other residential properties with the construction period weighed in the investment, making it more affordable.
Maintenance and upkeep of the common areas are handled by the property management offices in a condo building. In addition, some of these condo developments offer mixed-use commercial spaces that create condo living better than the other three residential developments.
Common commercial spaces include conveniences stores, groceries, pharmacies, banks, medical centers, coffee shops, and other business establishments that are usually found in the community’s perimeter or even in the ground levels of the buildings.
However, condo living is the best option for bachelors, independents, other urban professionals, and small-sized family because of the common cuts or sizes a condo developer usually offer in the country.
Finding Your Dream Home
Looking and choosing the best home option can be stressful and difficult especially if you do not ask for any professional help from a real estate agent or broker. Good thing most of the major real estate developers in the country have their websites where you can simply inquire for details and ask for a quotation.
Even minor or small housing developers also have their own Facebook pages that you can also inquire about and request information too! Plus, a few get you to experience the house or community virtually.
Hence, even you are in the comfort of your own space or even you are at work you can simply look for the best housing options over the internet nowadays. If you wish to see the actual deliverable then you may also request an appointment easily thru their official sites and channels.
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