Why Baguio has the real estate property for any type of couple
Are you and your partner/spouse at the stage of your life when you are trying to decide what type of real estate property you will buy? This stage in every relationship is an important one since this is another milestone that can affect future decisions as well. It will be hard to determine the right location and much more the right type of property.
In recent years, there has been a continuous rise of population of partners or married couples all throughout the country moving to Baguio city. Why is that? Because it is the place where convenience and comfortably are both present. Real estate property in Baguio offers a lot of choices to couples who are trying to decide whether or not they want to build a family yet.
Try to determine if you and your spouse want to have kids in the near future or you want it to be just the two of you for now.
If you just want it to be the two of you for now:
Different areas in Baguio offer many types of condos that is perfect for any couple who wish to buy their first property. Condominiums in Baguio are great because it keeps the intimacy between the two of you with its unique themes and structures. And most condominiums in Baguio are situated in areas that are near useful establishments such as malls, bars, restaurants, and some tourist attractions, which makes going on dates easier for the both of you. You are presented with many choices and all of which are sure to fit your budget but without having to worry about the quality of your lifestyle. Plus some condominiums in Baguio are also near the business districts, so work won’t be a hassle to go to.
If you have decided to have kids now or at least in the near future:
A perfect real estate property in this city for budding or hoping parents is their house and lot properties. House and lots in Baguio are very quaint and cozy. They are in places that would be safe for you to raise children. No possible encounters of drunkies or heavy and dangerous traffic in the main road because most house and lots are located in areas that are well-secured. These house and lots in Baguio City are near schools, which lessens the travel time and stress for your future children, giving them more time to relax when they get home, and this lessens the worry for you of them wondering of after school. If ever they do want to have some fun, there are playgrounds and other establishments with activities great for children.
Buying either of the two real estate properties is a big decision, so the best way to make sure if your money is going to the right place is first figuring out what you both want.
Now that you’ve been given an insight of what’s in store for you in Baguio City, all what’s left for you is to make that decision.
Tips When Buying a Property in the City of Pine
Condominium sales are unbelievably at an all-time high. In many cities around the world, people are rediscovering the bliss of living downtown again. What with the low-maintenance and modern lifestyle that allow them easy access to almost everything that consumers need. Moreover, with housing real estate prices at amazingly high prices, buying a condo is an affordable way for young homeowners to own up a home at their very own castle high up in the clouds. However, before you go on a hunt for condominiums in Baguio City, it is good to be familiar with some small condominium buying tips.
What small condominium buying tips can practically help you find your own castle in the top floors of high-rise condo buildings? Here are some tips that you can use:
Before the Hunt
It is good to hire a professional realtor. A realtor who has the experience can most efficiently help you with the buying process. He might even know of a house and lot in Baguio City that would give you more value for your money than a condominium would. Availing of the services of a professional realtor does not cost you anything as they earn from the commissions after sales are made.
It is also important to seek the help of a lawyer who can provide legal advice on contracts to be signed with condo developers and financing institutions if it will be put on mortgage. Mortgage is another aspect of the buying process that needs to be cautiously handled. There are contract terms, interest rates, land transfer tax, and other fees to understand and settle when investing in real estate in Baguio City.
During the Hunt
It is always best to come prepared, and this means doing your homework. You must have the basic idea of what you want because you will be assailed with too many choices - low-rise, high-rise, kinds of amenities like doormen, gym facilities, swimming pools, etc. While checking out units in various buildings, think about what you want. Check out the neighborhood and the view that you get from the different sides of the same building. Doing all these would help you decide whether to get a condominium or a house and lot in Baguio City instead.
Consider also the resale value of your unit. Opt for those that can make resale easier such as the floor area - the bigger it is the easier to resell, and the view that can help improve the motivation of buyers. It also helps to know that a unit that overlooks a garbage pick-up area, the garage entrance or a suite beside or across the elevator must be avoided.
The heating and lighting inside the condominium suite must be checked. Some units can be overly hot during summers, although that shouldn’t be a big problem in condominiums in Baguio City. The other amenities must be considered when comparing your choices such as the parking space and lockers to have storage space when the space in the condo is not enough.
Other information to know or questions to ask:
1. How’s the visitor parking? If you have many friends or family dropping by every now and then, know how many spaces are available?
2. Are you buying a resale condominium? If so, check out the state of those furniture and appliances that come with the resale.
3. How clean is the building? You can assess this condition with the smell of the lobby and other common areas like elevator, hallways, and staircases.
4. Who are living in the building? Are they mostly owners or tenants? It is good if the residents are mostly owners.
5. How much maintenance fees do you need to pay? What are included in the maintenance fee that you are paying for? This is important so you would know what else you need to take care for such as property taxes.
6. What do the other residents say about their experience in the building?
7. How does it compare with other condominium suites you have seen so far?
When you are happy with the results of your research, make another visit to the condominium. If living there can make you happy and comfortable, start turning the wheels of buying process with the help of the realtor and the lawyer who are well-versed concerning real estate in Baguio City.