Are you planning to purchase a property in the Philippines but don’t know what type and kind? There are many types of real estate properties that developers are constructing here in the Philippines. With so many types, clients find it difficult to find the one that will suit their needs.
Which type of property is the right one for you? Here we list down two common types of houses in the Philippines and its different kinds you may encounter and to help you choose your dream home.
Condominium or condo is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned in a building or a real estate development. This type of property can either be a studio-type or a unit that has one, two, or up to three bedrooms.
Different kinds of condominium:
Building below 4 stories
Building between 4 to 12 stories
Building higher than 12 stories
2. HOUSE AND LOT
House and Lot is basically a lot used where house or properties are constructed or built on it’s own parcel. This type of property has more space to move around or have the freedom to make home improvements. House constructed here can also have one, two, or even three floors with one or more than four bedrooms.
Different kinds of House and Lot:
This is a property that is constructed in the perimeter line of the lot. It’s wall that is attached to the boundary of your lot is called “firewall.”
This is a property that is constructed in the middle of the lot. It means that there is an open space on the sides, front, and back of the property. It has no common walls and is built on its own parcel of land.
ROW HOUSE AND TOWNHOUSE
One of a series of houses, often similar or identical design situated side by side and joined common walls. These are clustered houses usually with 4, 6, 8, or 10 units. Each unit typically have the same floor area. Row house are most of the time has single-story unit, while a townhouse have two or more units.
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