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Tips for Buying a Condo in the Philippines | Lamudi

Date post: 06-May-2020
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Urbanization and rapid population growth have changed the face of real estate in the Philippines. These days, more and more people are opting to live in condos and the market is also attracting an ever-increasing number of foreign investors. To help you get started in this growing market, let this checklist of tips guide you in buying a condo: https://www.lamudi.com.ph/journal/five-tips-consider-before-buying-condo-philippines/ Link to journal/webpage: https://www.lamudi.com.ph/journal/five-tips-consider-before-buying-condo-philippines/
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FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINES CHECKLIST
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Page 2: Tips for Buying a Condo in the Philippines | Lamudi

FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINESCHECKLIST✔

Do your researchBefore you even go to open inspections and condo tours, remember to do your research and conduct a background check on the property developer. This way, you’ll become acquainted with the company’s portfolio, client testimonials and the developer’s current projects.

1TIP #✔

Page 3: Tips for Buying a Condo in the Philippines | Lamudi

FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINESCHECKLIST✔

Consider property managementIt is one thing to be able to finish the development within budget and on time. But once construction is completed, what will matter more is the company’s ability to manage the property well.

2TIP #✔

Page 4: Tips for Buying a Condo in the Philippines | Lamudi

FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINESCHECKLIST✔

Find the perfect location3TIP #✔

As a general rule, condos are often located close to central business districts in metro areas. Many condos have been constructed near connected to or at least near MRT stations in Manila. But you should still consider its accessibility to major thoroughfares and public transport.

Page 5: Tips for Buying a Condo in the Philippines | Lamudi

FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINESCHECKLIST✔

Inspect the property4TIP #✔

Make sure you get the chance to view the actual units, so you can see firsthand whether the amenities and features offered are right for you.

Page 6: Tips for Buying a Condo in the Philippines | Lamudi

FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINESCHECKLIST✔

Review your budget5TIP #✔

This may sound obvious, but one of the final things you should do is calculate what you can afford and make sure the property fits your set budget.

Page 7: Tips for Buying a Condo in the Philippines | Lamudi

For more information, you may read the article atChecklist: Five tips for buying a condo in the Philippines

Lamudi.com.ph is the leading real estate platform in the Philippines. We offer sellers, buyers, and renters a secure and easy-to-use platform to find or list properties online.

FIVE TIPS FOR BUYING A CONDO IN THE PHILIPPINES

CHECKLIST✔


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