Condo for Growing Family

Living in condominiums is the modern trend in urban living which is especially appealing to showbiz personalities, politicians, rich businessmen, and young professionals. Condos are also enticing to young couples wanting to raise a family in a modern residential community, which is often located near commercial and business districts. Because condo units have relatively limited spaces, it is especially ideal for small families with one or two children. What happens if the family size keeps on growing, then space would definitely be a problem. A studio unit would be good enough for a couple but with an offspring; the studio unit would apparently be unsuitable. This is especially true if the child starts to grow up and both the couple and their child would want space and privacy.

The first solution to addressing this issue is proper planning. Young couple planning to raise a family in a residential condo should consider investing on a two or three bedroom condo unit depending on how many children are they planning to have. The more children they plan to have, the bigger or the more bedrooms that unit should have. While a bigger three bedroom condo unit would apparently be more expensive, it would still be a better option because buying a bigger unit later on when the need arises would definitely be more expensive. As we all know, values of real estate properties appreciate, future inflation and devaluation of peso would further increase prices of condos in the future. More over, it would be difficult to buy in the future because as the children grow older, expenses grow bigger as well.

If the young couple was unable to plan earlier and was suddenly faced with the problem of finding space in their condo unit because of a growing family, then the next option is to upgrade to a bigger condo unit. If the couple is filthy rich, then simply buy a three-bedroom condo unit where there is available. If money is a problem, then sell the present small condo unit and use the money to buy a new bigger condo unit. In buying the new bigger unit, the couple should consider the amenities and facilities that are especially made for children. There are numerous condo complexes that are family oriented. In which case, it would also be worthwhile to look at condo complexes in the outskirts of Manila, where condo units are often bigger and is part of a community complex.

Related Posts:

• Viridian Tower Condominium Greenhills
  Viridian Tower Condominium in Greenhills is a 53 storey high end residential condominium tower that will soon rise into the horizons of Manila and its picturesque massing and blueprint will become the pivotal gemstone of [...]
  
• What to be Careful when Buying a Condo?
  When buying a condo unit better to read all the condo agreement before deciding to purchase one. Be sure to understand the agreement before deciding to sign the papers. Buying a condo unit can give [...]
  
• Reasons Why I need to Invest a Condo Unit?
  There are many reasons why buying a condominium unit is a good idea. This question will also depend on the investor of a certain unit. This is a good idea for the person interested to [...]
  
• First Things to Buy for a Condo Unit
  When moving to a new place of residence, one of common customary practices of Filipinos is to bring in a sack of rice or a bottle of salt first before anything else. This symbolic ritual [...]
  
• Condominium Law in the Philippines
  The definition of the condominium or condo is the type of housing tenure and other real property where a particular part or portion of a real estate (an apartment typically) is independently owned while use [...]
  
• Must-have Condo Amenities
  Condominium living gives the residents the hassle free life, when it comes to different amenities it offers. One of the come-ons of the developer in constructing a condominium building are the different high-end amenities it [...]
  
• Buy a Condo Or a House?
  Buying a condo or a house depends on one’s needs. If you need to live in the city because of the proximity of one’s work, to save on gas and transportation fare, or to avoid [...]
  
• Top Reasons to Buy a Condo
  Buying a condo has its many advantages over other types of residence especially befitting the modern urbanized citizens. Hereunder are the top reasons to buy a condo. Strategic location. This is the number one reason why [...]
  
• Childproof your Condo
  Condo units have also become popular to couples and starting families who have children. It is therefore important to learn how to make condo units safe for raising children especially toddlers. Hereunder are some tips [...]
  
• Tips in Selling Your Condo
  Your condo is an asset that appreciates more than it depreciates that is why it is a good investment. Whether you are in the business of buy and sell or are simply selling your [...]