here's few hints for your next property acquisition in Baguio city
Buying a property in Baguio city is very simple and easy yet buying an excellent one may be problematic. A lot of questions may come into your mind why property in Baguio city is very in demand. A simple answer to your many questions would be like this, maybe because Baguio city is a place where you got to enjoy a mixed life of urban and rural and of course, a chillin’ weather.
Records in recent months showed that many house and lot in Baguio city were bought and a few of the condominium in Baguio City was rented as well. No wonder that the city’s population continues to rise.
For you to be guided here are a few tips in case you may want to buy or rent real estates in Baguio city that you may want to consider.
As of now, this is the primary aspect that you should always consider. A lot of areas in Baguio city rely on private water delivery. Thus, when buying or renting a condominium in Baguio city, choose the place where there is a permanent supply of water, also the assessment will vary on this.
Not all the lands in Baguio city are titled, you may notice that even the rich people living there can’t be considered as squatters by law since a part of where they are residing is somewhat owned by the government. Yet, this is still not a good news since anytime or someday but not today your property might be taken from you.
That is why you should take note that finding a good place to buy a house and lot in Baguio city must have a clean title. Worry, not the cost how much could it be, think of the future that this will always increase in value.
We all know that Baguio is a hilly place and don’t you ever forget the 1990 Luzon Earthquake that hit Baguio so hard. Although there are a few houses survived 1990 the value of each has increased very high.
So, consider a place especially for a condominium which is not so high-rise since many of the properties here built after 1990 are not yet tested if they can withstand an intense earthquake.
The best way to have this accurately is to hire a licensed geologist who can test and investigate the area whether it is above or near a fault line.
The price is right
This is one thing you should never forget before buying a real estate in Baguio city. Assess the area and yourself if the cost of the property will complement to the cost of living you will have. Remember, you’re in Baguio City, nothing here is as free lunch.
Truly, living in Baguio City would be perfectly enough if you have chosen a good place to live. Enjoy the life of living like a tourist every day and experience the cool and satisfying climate each moment. Find, Evaluate, Invest, Live.