Great Condo Lifestyle Guide You Need

Architectural facade of Megaworld - Iloilo Business Park's exceptionally gorgeous and impressive residential towers: The Parisian-inspired Saint Honore, sky-garden lifestyle The Palladium, modern contemporary-designed One Madison Place (to be completed this year), Chateau-inspired Lafayette Park Square (to be complete in 2018), and the newly-launched French-themed Saint Dominique

Just to refresh your memory, a condo or condominium is a type of property ownership under which a person owns a particular unit in many developments, and where all unit owners share common areas and facilities such as lobbies, hallways, elevators, swimming pools, and much more. Many people, especially young adults prefer buying a condo because of the “prestige” and the convenience it offers.

It's all about Price and Affordability 
Look out for condos that suit your price range. While researching, consider the monthly fees payable to the condo’s association, mortgage expenses, taxes, and interior insurance. Find out if there are any additional costs to avoid unnecessary surprises.

Location is Essentially Important
Before signing any contracts, ensure you know the location of the condo you are interested in purchasing. Does the condo provide you easy access to public means of transport? How is the traffic? Is the unit near your workplace? What’s more? Check out if there are nearby schools for your children, supermarkets, and convenience stores.

What Condo Type Suits You?
A condo can either be low-rise or high-rise. If you prefer a private and quieter place, consider getting a unit in one of the top floors of a high-rise condominium. If you love encounters with other people, then a low-rise condo is the perfect selection for you. Does the condominium’s interior design fit your needs? Remember, major structural changes are difficult to carry out and must be approved by the condo board.

It's Always About Amenities
Besides the location and price, ensure you put into consideration the available amenities available on your condo. Visit the unit and check if it has all the facilities that you will need. A typical condo should have facilities like a gym, a swimming pool, a function hall, and a children’s play area. Calculate whether the price you are going to pay is equal to the value of the available facilities before penning down the deal.

Check out the Rules and Regulations
As a resident of a condo, you will be expected to adhere to certain rules and regulations as stipulated by the condominium board. Therefore, it is vital to request a copy of the condo’s regulations for thorough reading before buying to ensure that there are no surprises once you move in.

Uncover a Great Lifestyle Township
Located in the old Iloilo airport in Mandurriao District, the 72-hectare Iloilo Business Park is the epitome of upscale lifestyle, a vision that replicates other significant vibrant townships of Megaworld across the country. Iloilo Business Park is the biggest single investment worth P35 billion of Megaworld that comes with a complete perspective including lifestyle malls, high-end hotels, convention center, BPO office towers, shop-and-dine strip, and residential towers. Iloilo Business Park classy residential towers offers unique lifestyle themes and showcases astonishing amenities. For as low as P10,000 a month, you can reserve and own your first condominium right inside a posh and exceptional business community, where serenity, exciting living experiences, career and investments fuses together.

Reach Iloilo Business Park Sales and Information Center for details on condominium lifestyle or call (033) 330-3464. Our website offers significant information and township updates at www.iloilobusinesspark,com.ph.