5 things to consider when buying a new home in the Philippines – The Manila Times

ARE you planning to purchase a new home in the Philippines? If so, there are several factors that you need to consider so that you can decide whether a particular property suits your current and future needs. That way, you can make the most of your investment and enjoy the fruit of your hard work for many years. From location and home type to floor plan and infrastructure, here are five important things you should consider when buying a new home.
A good location
One of the first things you need to think about before pondering on other factors is the home's location. To find the best area, consider your needs and preferences.
Let's say you work in Metro Manila, but you want to live in an environment that offers both the convenience and amenities of urban living and the relaxed vibe of provincial life. If that is the case, you may want to find a house and lot for sale in Lipa City. It is relatively easy to travel from this thriving city in Batangas to Metro Manila due to major expressways like the Southern Tagalog Arterial Road (STAR) Tollway and the South Luzon Expressway (SLEX).
The community
Besides the general location of your house, you should also consider the neighborhood and the specific community that resides in that area. Make sure that the community is readily accessible whether you have a car or rely on public transportation. This will ensure shorter travel time to and from your house. Neighborhoods near public utility terminals, or those areas where buses, taxis, jeepneys, and tricycles operate 24/7, are smart choices.
You should also aim to buy a home in a community with good access to essential amenities, such as supermarkets, commercial establishments, banks, and reputable schools—especially if you have children or plan to have children in the future.
Home type
There are typically two types of residential property in the Philippines that you can invest in: your own house and lot or your own condominium unit. Each type has its own pros and cons, so you need to evaluate them against your lifestyle, budget, needs, and wants
However, if you are a career-driven professional who values affordability and easy access to different types of recreational amenities, buying a condo unit seems like a better choice. Condo properties may be smaller than house and lot properties, but they are relatively cheaper than the latter and are usually within walking distance of commercial establishments and a wide range of amenities. You can simply take the elevator to the floor of your condo's gym or head down to the lobby if you need to buy something from a nearby convenience store.
The size and layout of the home
When buying a new home, it is also important to determine the ideal size and layout of the residential property in light of your lifestyle and requirements. While you may be impressed with a unique feature like a spacious room in the attic, think carefully about how you will use the space. Unless you want to buy a house in Baguio City or similar places where the weather is cold, having an attic room will probably be a waste of space because of the Philippines' hot climate.
Proper Ventilation
Because of the mostly hot and humid weather in the Philippines, you need to ensure that the home you are considering has proper ventilation. Otherwise, you will probably feel stuffy and uncomfortable in your own home.
Buying a new home is an incredible investment, as it is probably the single biggest purchase you will ever make. As such, you should be extra careful about your planning and consider all the essential factors before you start house shopping.


Leave a Comment