Is owning a condo right for you? While some people view condo ownership as something that young couples and seniors tend to do, owning a condo for life is not uncommon anymore, as condos offer the perfect fit for many families as well. There are myriad advantages to owning a condo and perhaps some of them might appeal to you. Price The beauty of a monthly mortgage on your condo versus renting is that you’re paying that mortgage to own the condo. Renting an apartment that’s a similar size would typically run you the same cost. Paying to own is a huge advantage over paying to rent. Potential profit-maker Owning a condo means you have an asset, and you stand to make a significant profit if you sell your condo in the right economic climate. Or, you could always opt to buy yourself another condo and pay the initial one off by renting it out. PLUS, finding someone to rent your unit is not for you to work for. Because we have Property Management who will find someone for you. No outdoor work A huge advantage to owning a condo is for those who would prefer not to mow the lawn or weed the garden, or make any repairs outdoors. This is one of the biggest advantages of owning a condo over a traditional home. If the roof needs repairs, if the sidewalk needs to be shoveled, if the pool needs cleaning, someone else will take care of it. Amenities abound The loop condo comes with myriad amenities including a swimming pool, a gym, a sky park, multi-function hall, terraces for barbecues, and more. Freedom to renovate When you rent an apartment, you really have no say in the way the space is designed. When you own a condo, however, you can change absolutely everything within the space because it belongs to you. A social setting Because you live within a community, so to speak, condo meetings for owners will bring you and your long-term neighbours together and will likely result in a close-knit environment that creates engagement and socialization. Location The loop condo is located in Central Business District. Thus it is always accessible to prime places like churches, Universities, Malls, boutiques, Grocery stores and more. If you’re thinking about owning a condo, visit The Loop at Limketkai Center CDO and Contact Alex Buko - Direct Marketing Officer at this number +639368316269 today and see what’s out there in your desired area.
Posted on: Fri, 10 Oct 2014 03:34:08 +0000
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