Learning More About Apartments

Apartments are one of the most popular types of housing in the Philippines. Unlike investing a large sum of capital to buy a house, apartments are normally rented, allowing Filipinos to find a suitable type of housing without having to invest too much. But what else do we know about apartments.


Apart from houses, apartments is also considered as one of the most popular and in-demand types of housing in the Philippines. According to many Philippines properties experts, many of today's Filipinos live in an apartment because of its benefits. Unlike investing a large sum of capital to buy a house, or any other types of housing such as condominiums and townhouses, apartments are normally rented, allowing Filipinos to find a suitable type of housing without having to invest too much.

What is an apartment?
An apartment can be anything from any type of housing. A house could be made as an apartment. A condominium unit or a townhouse unit could also be made as an apartment. The difference lies with its ownership. According to Philippines properties experts, the term that embodies the type of ownership an individual or group of people have in any type of housing is called housing tenure. And the type of housing tenure that embodies apartments is called lease-hold estate.

Advantages and disadvantages of apartments
One main advantage of apartments is its affordability, which allows people to have a suitable housing without having to invest too much in buying a house or even a condominium. However, the major disadvantage of living in apartments is that it doesn't protect them from eviction by its land lord.

Another adverse effect of tenancy is that tenants have to pay the landowner even though they are doing all of the agricultural work. In a sense, it is a cycle where the tenant is never really able to become a landowner because they constantly have to pay the landowner, as well as other expenses. e he is ultimately owner of the land, also can have a say in what the tenant uses the land for or what he can or cannot grow.

Types of apartments
There are different types of apartments available in the market today. One of the most popular are the studio type apartments. This type of apartment tends to be the smallest apartments with the cheapest rents in a given area. It usually consists mainly of a large room which is the living, dining, and bedroom combined.

Other types of apartments are the one/two/three-bedroom apartment, in which one/two/three bedroom/bedrooms are separated from the rest of the apartment. Another is the garden apartment complexes, which is the largest as well as the most expensive type of apartment. According to many Philippines properties experts, these types of apartments are similar with townhouse complexes and condominium complexes in terms of amenities, luxuries, and lifestyle. The difference is that these are rented rather than purchased.