Buying a condo for sale in Quezon City can be a good move if you want to live or work there, or if you are simply looking for a property to purchase as an investment. With many projects in this bustling city—offering units at different price points—how do you know which one to choose?
Here are some tips to consider before investing in a QC condo:
Know your purpose
Are you buying a condo for your own use in Quezon city? Do you want to rent it out to students? How about leasing it to office people who work in the QC business district? You should establish your main purpose as to why you are getting a condo for sale in Quezon City. Once you know how you want to use the condo unit, it will be easier for you to narrow down your choices.
Where in Quezon City should you buy?
If your target tenants are employees, it is recommended that buy a condo near the New Quezon City Central Business District, which is in the proximity to the Trinoma-SM North area, Eton Centris, the Ninoy Aquino Memorial Park, the Quezon City Memorial Circle, and other plazas and parks. If your business plan is to rent your unit out to students, then it makes sense to get units near heavily populated universities in the area such as the University of the Philippines, the Ateneo de Manila, etc.
Understand your rights
Before getting a condo for sale in Quezon City, you must first understand your rights and obligations as a condo unit owner. Is your condo a leasehold property or a freehold property? You are also entitled to all privileges and limited to the restrictions stated in the house rules, so be sure to read them.
Doing your research before buying a condo for sale in Quezon City is essential, but it also advisable to consult with a real estate specialist.
About the Author:
This article is written by Aakanksha Sangtani, working as an International Business Analyst at Housal Inc., is an online platform for real estate, addresses the unfulfilled needs by harnessing technology and bringing all-related solutions under one roof. For buyers, tenants, sellers, brokers, agencies or developers, it encompasses all their answers from property matching, listings, management, analytics and much more. Housal Inc. is the evolution of the real estate process – empowering the real estate industry for the future.