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8 Important Things to Consider Before Buying a Condo in Makati

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home real estate

Condos in Makati are huge investments that should be thoroughly researched about before finalizing your purchase. There are a number of factors that you should consider thinking about when it comes to such a huge responsibility. A new home will dictate the new lifestyle you will be living, so make sure you know exactly what you are getting into.

A typical condo in Makati is strategically placed just a short walk away from a number of establishments. Live close to commercial establishments, restaurants, and office buildings scattered around the area. Enjoy this cosmopolitan city when you live in one of these luxury condominiums.

But before anything else, here is a list of important things to consider before buying a condo in Makati.

Cost

The base of your decisions should be the budget that you have allotted for this move. There are a number of condominiums you can choose from around Makati, all with different price points. All these choices can also have different amenities and perks. Do your research well to find the condominium that best fits your set budget.

The Space

Are you going to be live in this space alone? Will you be with a partner? Or will you be living with children? All of these questions are important when considering how big of a space you will need

You could choose from a one-bedroom setup, a two-bedroom setup, or something larger than both. However, expect that buying a bigger condominium unit will also tend to be significantly pricier than purchasing a smaller one.

Where You Work or Go to School

Makati is Metro Manila’s Central Business District. There are a number of offices to choose from around the area. However, if you are working at a different office outside of the city grounds, you should try weigh your commute to and from work back to the city. The same goes for students who go to universities outside of the city.

Read up on the different public transportation choices that you have around the city. You could take the train, bus, or a Grab.

Easy Access to Amenities

Condos in Makati are situated near a number of establishments. When choosing a condominium, take into consideration what kind of amenities you tend to constantly buy from. This could be in terms of groceries, food specifications, or furniture. Choose a property that is the closest to your favorite places to get these items from.

Here is a list of malls and establishments in Makati:

  • Greenbelt
  • Glorietta
  • SM Makati

Condo’s Amenities

Besides the places around the area, it is important to also consider the amenities inside the condominium itself. Condominiums have aimed to create complexes that can make their residents feel at home. These amenities are available for residents to use and enjoy with their loved ones.

Here are a number of different amenities condos in Makati have:

  • Fitness Centers
  • Wellness Centers
  • Infinity Pools
  • Game Rooms
  • Rooftop Bars
  • Relaxation Gardens

Trusted Property Developer

You will have the option of buying condominiums from a number of property developers. Read up on the different companies and their previous developments. How have they been holding up? Are they made of high quality materials? How are the living conditions of the residents there?

Makati’s Rules and Regulations

Before finalizing your purchase on a condominium, it is important to be aware of the rules and regulations of an area. The residents of Makati are ensured of their safety because of the constant presence of roaming security enforcers around the area. There are also security guards posted at the entrances of luxury condominiums 24/7.

Short Term vs. Long Term

When thinking of buying a condominium, think of your short term goals vs. your long term goals. Condominiums are large investments, and you should make the most out of your time in one. Try to imagine what you would like to achieve in 5 years.

Are you thinking of settling down with your new family in a peaceful and spacious home? Are you aiming to get promoted to a job in another country or city? If you are planning to live in a condominium for a short amount of time, it would be more cost saving to rent out a unit instead of purchasing one.

Key Takeaway

Buying a condo in Makati will depend on a number of factors regarding your life. Take into consideration where you go to school/work, what kind of activities you enjoy doing, and the style you want your home to look like. Weigh the pros and cons of your current living situation compared to a possible move to one of the luxury condominiums found around the area. One thing’s for sure, you will never run out of fun activities to go on when you live in a condo in Makati!

 

 


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