Baguio is one of the best places in the Philippines to stay. Most of the Filipino have dreams of having a property in this City for vacation purposes, business and a place to stay for good. The plan is already there, if budget is not a problem then choosing which property to buy will be a question for you. For a residential property, you will have to select whether it’s a condominium unit or a house and lot. I have here some advantages and disadvantages of both properties to help you figure out which one suits your needs the most
House and lot when in Baguio city
Advantages:
- You can have a personal garden
- You are allowed to have pets
- You can do whatever you want inside your fence
- You have more privacy
Disadvantages:
- Not easy to maintain especially if you don’t stay there often
- Usually, single detached houses in Baguio city are located away from the city because its seldom to find lot in prime location
- Less security if not inside the subdivision
- You have to buy the lot to build your house
- Often does not have classy amenities
- Connections of service providers (internet, t.v cable, telephone, etc.) depends on the location of your house
- Personalized insurance
Condominium when in Baguio City
Advantages:
- The condominium building is well maintained because there will be janitors and property management to do it for you
- You have many condominium outdoor and indoor amenities like swimming pool, picnic groove, courts, restaurants, gym, spa etc. that you can say part of your property
- The condominium building after construction already has insurance
- The condominium building is secured from outsiders because it often has security guards, cctv and other security measures
- Condominium does not require you to buy lot
- Condominium unit can be easily designed interiorly
- Living in a condominium can give you better social life
- You can use part of the condominium as reception to an event e.g. birthday party in the pavilion or swimming pool area
Disadvantages:
- In a condominium, you cannot have a personal garden
- You are not allowed to have pets
- In a condominium there are condo dues
- If the condominium is in the central business district, parking space is often a problem