Real Estate

Are You Really Ready to Buy a Condo Unit?

Let these four signs help you decide

Photography: Paolo Feliciano (Main Photo)

Have you experienced one of those days when you simply want to move out and break free? If you've been planning to get your own place for a long time now, you should know that it is not an easy jump to make. You need to think about funds, maintaining the home, and of course, the bills! It's a huge step that requires preparation, research, and commitment.

If you think you're ready to be a first-time condo owner, here are signs that you need to check:

Your savings account is ready (for the taking)

If you are financially stable, you may start scouting for the best unit. Visit different showrooms, discuss payment options with agents, and do check out the amenities of each. Since it entails paying for monthly fees, dues, and bills, you need to make sure that you have enough money to shoulder all costs.

You’re tired of the traffic

Does commuting for hours on end stress you out? If this is affecting your health and well-being, then it's the perfect time to look for a new home that's near your workplace. Property developers are usually present in business districts like Makati, Mandaluyong, and Quezon City, to name a few—giving you tons of spaces to check out. Don't forget to prioritize accessiblity!

You're a hundred percent ready to deal with repairs and (tons of) bills

Moving into your first home also involves choosing the right furniture and accessories. You also need to be ready to deal with busted pipes, leaky faucets, and faulty bulbs. Maintain a regular home checkup schedule to avoid bigger problems in the long run. You need to commit to keeping the space clean and organized at all times.

Since you now have your own space, you need to keep track of bills and other things that you need to pay on a monthly basis, too.

You’re ready to invest

Buying a condo unit is an investment. Unlike renting, this gives you a reward that you can proudly call yours. A property adds to your list of assets and overall worth as well.

More on

Furnishing Your First Home: 5 More Must-Haves to Consider

Furnishing Your First Home: 5 Pieces to Buy Now

Dos and Don’ts in Furnishing Your First Home


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