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What Condominium Complexes are known for? by Samuel Caballero





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What Condominium Complexes are known for? by
Article Posted: 04/13/2011
Article Views: 52
Articles Written: 487
Word Count: 457
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What Condominium Complexes are known for?


 
Real Estate
Condominiums are some of the most popular types of housings in the Philippines today. This is because other than providing a home for modern Filipinos in the city, such as the many condominiums found in Makati City and in other popular business districts, condominiums are also known to offer a home for those that seek to live in a peaceful environment. These types of condominiums are known as condominium complexes.

What are Condominium Complexes? Similar to condominiums in the city, condominium complexes are also known for its unique type of ownership or housing tenure, in which each unit in a building or each house in a compound is individually owned while the rest of the building or compound is jointly owned by all the owners.

There are other similarities between condominiums and condominium complexes other than the type of ownership or housing tenure. These similarities include:

Amenities What made condominiums in the city popular compared to other modern types of housings found in the same area, such as apartment buildings and townhouses, is because of its collection of amenities.

According to many real estate experts, condominiums are the only types of residential Philippines properties for sale in these areas that offer amenities such as indoor swimming pools, gyms, and sports complexes to their residents.

However, other than these types of condominiums, condominium complexes are also known to offer such benefits to their residents. The difference is that these types of condominiums offer a more family-oriented amenity such as outdoor swimming pools, both for adults and children, sports complexes, as well as recreational parks and playgrounds for the children.

Maintainability and Security Although many other types of residential Philippines properties for sale are known to offer such benefits, all types of condominiums are known to offer such benefits, particularly condominium complexes. Because of this, condominium complexes became a very popular type of housing for a growing Filipino family due to its maintainability and security.

Condo Fees Like many other types of condominiums, condominium complexes are also known for its only disadvantage, which is its condo fees. According to many Filipinos, condominium complexes usually pose more expensive condo fees due to its more sophisticated collection of amenities and security.

Differences There are, however, several differences between condominiums and condominium complexes. Condominiums are usually found in business and commercial districts, while condominium complexes are found in the outskirts or even in the provinces.

Because of this, both types of condominiums are also known for its different disadvantages. The disadvantage of condominiums in the city is usually the lack of a suitable environment for children, while condominium complexes are usually not suitable for those that work around the clock in business and commercial districts.

Related Articles - Philippines properties for sale, Philippines properties,

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