“Most people see condo living as somewhere between owning your own home and renting an apartment, but it is more like owning your own home. There is a responsibility that each homeowner has, whether they accept it or not.” –Jean Craig
Millennials are known for their independence and individuality.
This is the generation that wishes to make a radical change in the world and to transform the way they live. Today, young adults would no longer elect to stay with their parents once they have graduated from school and would opt for a more liberty-driven lifestyle—away from their parents and family’s influence. As soon as they are financially independent enough, millennials would metaphorically spread their wings and look for a flat where they can be on their own. In a sense, this lifestyle cultivates not only liberty but self-sufficiency as well. It fosters growth and allows them to make their own decisions, make mistakes and learn from them as well.
If you have found yourself relating to all these, you might just be a millennial looking for the perfect place to live in. With today’s limitless housing options—from house and lots, townhouses to BGC condo units, it can get a tad bit overwhelming to zero in on just one. Well, to help you narrow down that list of prospective residential options to just a single item, this list has enumerated all the reasons why condo living might be the best tack for you:
1.) Affords an excellent lifestyle
One of the primary draws of condo living is the amenities and facilities it affords you once you become a condo unit owner. Living in a condo means you would no longer have to pay a premium for gym membership as you can simply take advantage of the condo’s gym and fitness facilities. Relaxing after a long and stressful day could be translated to an afternoon of lounging by the pool and taking a quick dip after work. Furthermore, there is a myriad of entertainment options offered to residents such as spas, game rooms, library and so many more.
2.) Design your home on a budget
Most millennials are known for being creative thinkers. Unfortunately, while many of them would want to have a free rein over the design of their homes, only a handful few could actually afford it. Fortunately, condos are incredibly budget-friendly without compromising design and functionality. There is no need to be constrained to a standard unit design even if you are on a budget. There is quite a lot of ways to get the most out of your unit, just make sure that you are not breaking any rules.
3.) Meet new people
Condo living is akin to communal living in the sense that you are in proximity to your neighbors. More often than not, the people who live in your building could either be young professionals, families starting out or even individuals like you. Most residential condominiums are located near universities, business districts and entertainment hubs, so it would not be a surprise to find a locality of various urbanities and cultures. In this regard, it would be rather easy for you to meet new people, make new friends and build your social sphere. You can make new friends who share the same interests with you and spend special occasions with them such as Easter and Christmas. Be on the lookout for condo community gatherings and be sure to attend to meet some potential friends.
4.) Save more money
It might be hard to imagine how you can actually save more money considering most condos would sell for more than a million pesos. But with flexible payment options, you can even own a condo for at least P12,000 a month which in effect is more cost-efficient than simply renting. Condos have never been more affordable than they are today and with flexible payment options, millennials can certainly afford to invest in one.