Condo sales are always at the peak of purchases. In cities of Metro Manila, most people are reviving the bliss of experiencing downtown living with an easy lifestyle. With the housing real estate prices at a remarkable coverage across the country, a condo is an affordable way into the market industry.

Most of the times, condominiums are mistaken by people in terms of purchasing the same way they would purchase a house. Even though there is a similar investment, buying a condo unit involves different factors to be measured.

Buying a condo means that the person wants to buy a piece of large property and wishes to be in a more peaceful way of living. Consider the following tips and advice regarding the decision on buying a condo unit:

• If the buyer is very particular in the noise and lousiness of the neighborhood, it is best to ask around the general atmosphere of the area. He/she can check how soundproofed the walls are and the overall features of the building. In the Philippines, where urban living can be noisy, ensuring the condo has good soundproofing is crucial.
• The buyer must also consider the fact that most condominium associations have regulations and laws that he/she needs to follow. Therefore, it is a must for the buyer himself/herself to know and adjust to the said rules of the building—taking into account that they may affect his/her lifestyle and routine activities. In the Philippines, these rules can include pet policies, noise regulations, and use of amenities.
• The buyer should also know where the money is going. From the mortgage, association fees, building maintenance and landscaping to garbage management and other necessary services, he/she can seek the aid of his/her professional realtor to help in the explanation of price breakdown and other fees. Philippine condo fees can vary widely, so it's important to understand all costs involved.
• Extra money is needed for closing costs, including moving, land transfer tax, and lawyers’ fees. In the Philippines, closing costs can also include documentary stamp tax, transfer tax, and registration fees.
• Emergency maintenance plans and processes must be carefully reviewed. These may not be that important generally but it will surely be of big help when utility problems arise. Emergency numbers should also be known and what problems they cover. In the Philippines, check if the building has backup power generators and reliable water supply systems.
• Pick a unit with a very nice landscape view or scenery. This will make everyday life more appealing. In the Philippines, units with views of the city skyline, parks, or bodies of water are highly desirable.
• Take note also of the condition and aroma of the lobby and other common areas like hallways and stairwells. The cleanliness and maintenance of these areas reflect the management’s commitment to the property.
• It is best also to have a conversation with the owners and other occupants about their experiences in the building. In the Philippines, talking to current residents can provide insights into the community and any potential issues.
• When the buyer is ready to deal with an offer, he/she should make it conditional on his/her lawyer about the review of the Condominium Documents and Status Certificate. In the Philippines, this ensures that there are no hidden issues with the property.
• The location of the condo unit greatly affects the potential of price increments. In the Philippines, condos located near business districts, schools, and transportation hubs tend to appreciate faster.
• Check the population density together with the amenities the condo unit offers. This is because of the fact that the more people living in the condo, the more inconvenient it gets because everyone has to share the amenities like swimming pool, gym, playground, function room, and elevators with more people. In the Philippines, amenities can vary greatly, so assess whether the amenities justify the condo fees.

It is a very risky decision to make in terms of purchasing a condo unit because buyers often think that money is the primary importance. However, they should also think to it that money is not the only thing that needs to be given the utmost priority. Ensuring that the condo fits their lifestyle and long-term needs is equally important.