There are many living choices available in the Philippine real estate market today that will appeal to anyone looking for a home to live in. Makati is always a top residential destination given its close proximity to the business and commercial districts. You can choose between a house, apartment, or condo. However, a Makati apartment will especially seem to be appealing due to the city’s great resources for security and closeness to practically everything that a family needs. However, there are some things to prepare for when hunting for your living space in Makati.
What’s your budget?
When you’ve finally considered a Makati apartment as your living space, the first question you should ask yourself is “What’s my budget?” Rent in a Makati apartment usually ranges from P25,000 to as high as P90,000. These costs represent a wide range of apartment sizes, and obviously not every one of them would be fit for every financial or personal situation.
How much of your income should be invested in apartment rent? Experts say that about 30 percent should be sufficient, with the rest of your income going to your daily expenses and the occasional recreational activities. If rent takes a bigger chunk out of your wallet, then you should consider a different kind of Makati apartment, as there are more affordable choices located in the city.
Furnishing your apartment
Now that you’ve fully committed to renting a Makati apartment, you have to furnish it as well. It can either come furnished or unfurnished. Most of the high-end apartments in the city, especially those in the CBD, come with furniture. This is another great way to save money. After all, you will already have a lot to spend on without the added hassle of actually trying to look for your own furniture. Unless you expect to live in an apartment for the rest of your life, a furnished Makati apartment presents a convenient alternative to bare ones.
You don’t need to consider that option, though, if you have your own furniture to put in your apartment. Sometimes, the problem with renting furnished apartments is that the stuff they come with doesn’t match up with one’s own personal taste. You may simply not have enough space for both the apartment’s existing furniture and yours. Certainly you don’t want to just give away some of that stuff.
Hiring the right broker
The most important step when looking for a Makati apartment is hiring a real estate agent who is familiar with the area. Pick someone you can trust. These real estate brokers have the capability of finding and negotiating the best deals for you, but you have to be careful as well, as this relationship should be built on mutual trust. Your real estate agent may be your best friend in helping you find your much-desired Makati apartment.
Renting a Makati apartment can be a good investment and it provides many benefits that other residential living spaces do not. However, pay close attention to these important details before you make that big decision. In the end, your living arrangement will be all up to you.
