Some house and lot properties are priced heavily due to the demand for accessible homes, especially target prime locations within the major central business districts of Metro Manila. This is also why high-rise condominium living has been the practical and efficient choice among urban dwellers, as most condo developments are strategically located close to offices, schools, malls and other essential establishments.
Here are the top reasons that make a one-bedroom condo worth investing in.
Feels like home
Owning a one-bedroom condo unit is just like having your own house. Having a separate bedroom lets you freely move around and do more activities with the living space you have.
Comfort
Should you need a spot for your work-from-home setup or your children’s study nook, there will surely be enough space in your one-bedroom condo unit. You can also create an entertainment area, a fitness or hobby space, a mini-garden for indoor plants or anything else where you could express yourself without compromising comfort.
Easy to maintain
A studio might be easier to maintain because it has less space, but in reality, having an open-plan flat layout where everything is laid out before your eyes somehow obliges you to put it in order all at once. A one-bedroom condo unit might have a bigger space for you to clean, but it is still manageable to maintain, and you would also be able to compartmentalize the cleaning of your condo home.
Higher investment returns
While any condo property is a good investment, you are bound to reap higher ROI from a bigger condo unit that you will resell or rent out. If you intend to do condo rental business, let it be for short-term or long-term lease, you can command higher rates for a one-bedroom unit because of the separate room you have.
Value over price
When you’re buying a condo property in the pre-selling stage, it is best to decide now to avail a bigger unit than regret after several years upon turnover of your condo unit why you just purchased a smaller one.
Buying during pre-selling will also give you more flexible payment options where you are not required to pay in full or give out a huge down payment right away. For instance, real estate developer Empire East presents its upcoming township along Felix Avenue in Pasig-Cainta, the 22-hectare Empire East Highland City at affordable promo discounts ranging from five percent up to 10 percent and payment terms with low monthly amortizations.
To meet with the growing demand, the Empire East has launched two towers of Bellara, the second phase of its residential towers. Under the ongoing Real Deal Holiday promo offered this holiday season, one-bedroom suites ranging from 28.50 up to 31.52 square meters can be availed starting at P9,000 monthly.