Budget

 
You have to set a budget to ensure that you don’t go beyond your financial capacity. Otherwise, you will end up with debt that you can’t afford to pay.

Determining your budget isn’t simply setting aside the down payment. Think about the other fees you’d have to pay, too, such as insurance, registration fees, monthly dues, electricity bills, and many others. Before signing the contract, make sure you can cover these extra payments.

Buying a good condo may involve a lot of payments, but in the long run, you’ll thank yourself as your money grows ten-fold from investing in real estate.

Location

 

When it comes to property investments, location is always one of the major factors. Check if the site of the buildings you’re interested in is flood- or accident-prone, has easy access to establishments like hospitals, shopping centers, churches, and convenience stores, and close to your work.

Also, see if it’s within proximity of bus stations and other transportation. Considering these factors will let you live more comfortably after your purchase. The Studio N Tower is located at Northgate Cyberzone, the premiere BPO Hub of Filinvest City, which is home to local and multinational companies and steps away from leisure and essential establishments , as well as terminals for public transportation.

Developer

 

Purchasing a condo unit isn’t cheap. It may be affordable, but it’s your hard-earned money on the line. That’s why it’s best to ensure that your investment goes in good hands—preferably a reputable developer known for their projects’ quality and with solid credentials. Excellent developers also ensure that their tenants get the best amenities and services.

Amenities

 

The amenities provided by the developer are part of their selling point, value proposition, and strategy. What kind of amenities would you wish your future unit to have?

If you often go to the gym, a fitness and wellness center would be an attractive perk. If you have a small family, a children’s play area will help keep them entertained within the building. Moreover, a swimming pool would be fantastic whenever you need to cold down after a long day at work.

Unit Type

 

There are many types of condo units you can choose from, with studio-type units being the most common and affordable for first-time buyers and working professionals.

Studio types usually feature an open floor plan, where the living, dining, kitchen, and bedroom are in sight. This has the smallest floor size and the most affordable among all types. Studio-type units are perfect for those who want a place with low maintenance fees and association dues, yet still offers ample space for one’s personal belongings.