Is it Good to Rent a Condo?

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Is it Good to Rent a Condo?

Recently, many people have been looking for new homes, to adapt and welcome the new changes in life, or perhaps to accept the new lifestyle. Some believe that living in a condominium is the right way to go. But many people may be hesitant about renting a condo, house, or apartment as well. In this article, we, BR Agents, will help you take a look at all the advantages of choosing to rent a condominium.

1. Good Location
Of course, choosing the right location for your condominium is important. Often, projects are located next to public transportation lines to reduce travel time in the city. During rush hour or on days when traffic is very bad, people often switch to the train, shortening the travel time by a lot. The more well-known condominium projects are often located in good areas, as developers choose to build them there to attract more people, and in order to sell them out as fast as possible. This also helps the residents in the long-run too.

2. You can use the common areas and facilities whenever you want
Nearly every condominium has a common area, which adds comfort to the residents. This often includes a fitness center, swimming pool, and resting/relaxation area. If it’s a newer condominium project, in some places, it may even have a co-working space, onsen, lounge & bar, and even game room. You’d never be bored living there. Imagine yourself exercising in the gym after work. Who said good health was hard to obtain? When the weather is hot, and you’re too lazy to go to the mall, why not go to the swimming pool area to see the city skylines and beautiful view? You can sip drinks at the rooftop areas, take photos, and show the world what kind of luxurious lifestyle you’re living. And this is all because you’re living well, and living life to the fullest.

3. Have a trial before you commit to staying there
Is there anyone out there reluctant to purchase a condominium? Try renting out a place, as another option before buying. You’ll know whether you like living in a condominium, rather than in a house or apartment. Plus, if you are already thinking of buying a unit in a particular project, you can rent it out first to test the place. Short lease periods start at 6 months. If the environment doesn’t suit your needs, you can easily terminate, instead of being stuck with it and suffer long-term.

4. Pick a unit type and layout according to your lifestyle
Condominiums have advantages over apartments in terms of room plan options. We can choose one that easily fits our daily lives. A person who likes to cook can choose a room with a separate kitchen, or a nature lover who wants to plant trees may choose a room with a wider balcony. The options are endless, and have better floor plans available.

5. No long-term financial debt burden
In the event that you have concerns about being in debt, choosing to rent a condominium is considered the perfect option. Sometimes, renting a condominium may be cheaper and more convenient than living in a house. As mentioned before in article 3, you can already try living there before. Bearing the monthly short-term rent can be a practice of how much you can actually afford to pay in installments for your property, incase you’re ready to make your decision later on. In addition to that, if you choose to buy a condominium near your work place, it’s best to think long-term, in case there’s a possibility of having to move and relocate, which can cause problems in the future. But if you’ve already decided on the location, and are certain with that, then buying a condominium could be another option for you as well.

As you can see, there’s many advantages of renting a condominium. But regardless of whether you choose to rent or buy, the decision should be based on your whether it aligns with your needs, lifestyle, and financial capabilities. There are many pros, so there’s no right or wrong choice either way. For those not sure about renting or buying, and unsure of where to start, feel free to consult our BR Agents to help ease your decision-making process. We have a team of lovely property consultants who are ready to help you find the place that suits you, and bring you convenience and happiness.