Manila real estate has experienced a boom over the recent years. There are a lot of real estate properties in Manila for people wanting to settle in the city and in the surrounding areas, particularly in Makati. Makati properties include houses, apartments, and condos. Makati condos are valued much higher than in other cities surrounding Manila because Makati boasts of several shopping districts, universities, and the business area. Major international banks such as HSBC, JP Morgan Chase, and Citibank have offices in Makati. It has the advantage of being near one’s office or school and great condos are not hard to find in Makati.
When looking for a Makati condo, people usually take in to consideration the accessibility of the property. Is the property near main roads? Is it safe? How much will the property cost? Condos are managed by professionals who understand the importance of the safety. They make sure the Makati properties they manage are properly maintained and secure. Prospective Makati condo tenants should find out how many years the building has been standing as the age of the building affects its structure. Consider the reputation of the developer before making a commitment of renting a condo. Tenants should also consider how many people can occupy the condominium unit for rent and will pets be allowed inside the building. An advantage of renting a condo is that condos are high-rise structures and they are not generally affected by floods which Manila real estate owners are prone to suffer.
When a buyer has limited budget, then the wiser choice would be to rent a Makati condo instead where the quality of Manila real estate is much better than in other areas. Car owners who want to rent condos should make sure that the building has enough parking spaces and renters should check with condo managers if they would allows pets inside the building. Makati properties have maintenance costs besides the rent which the tenant pays every month. People looking for condos should make sure they check out the property first before committing themselves to renting it.
They should also check out the contract first if the terms are okay with them and ask the real estate agent if there are things in the contract that are not clear to them. Finding the right Makati property is relatively easy and there are a lot of benefits in renting a Makati condo.
