Should You Buy a Condo or House & Lot?
Answer 5 quick questions to get a personalized recommendation based on your lifestyle, budget, and goals.
Who will primarily live in this property?
How This Quiz Works
We ask about factors that actually matter when choosing between a condo and house:
- Who will live there: Family size affects space needs
- Location priority: Condos are typically in urban areas
- Maintenance preference: Houses require more upkeep
- Investment timeline: Each appreciates differently
- Budget range: Entry prices differ significantly
Related Tools
- Affordability Calculator — See how much you can actually afford
- Pag-IBIG Calculator — Calculate monthly payments
- Document Checklist — Prepare your requirements
Related Guides
- OFW Condo Buying Guide — Country-specific guide for buying condos from abroad
- How to Buy Property While Working Abroad — Complete guide for OFW buyers
- Complete Pag-IBIG Housing Loan Guide — Finance your condo or house purchase
Condo vs House FAQs
Which is a better investment — condo or house?
It depends on location. Condos in prime urban areas (BGC, Makati, Ortigas) appreciate well. Houses in growing suburban areas also appreciate but offer land value. Generally, land appreciates while buildings depreciate.
Are condos cheaper than houses?
Usually yes for entry price. You can buy a studio condo for P2-3M, while house & lots typically start at P3-5M in suburban areas. However, condos have monthly association dues (P2,000-10,000+).
Can OFWs buy condos in the Philippines?
Yes. Filipinos can own condos outright. For condo-hotels or mixed-use properties, there may be foreign ownership limits on certain units, but standard residential condos are fine.
What are association dues and how much are they?
Monthly fees for building maintenance, security, amenities, and common areas. Typically P50-150 per sqm per month. A 30sqm unit might pay P1,500-4,500 monthly. This is on top of your mortgage.
Is it harder to get a loan for a condo vs house?
Not really. Both Pag-IBIG and banks finance condos and houses. The property must be from an accredited developer for Pag-IBIG. Some banks have minimum unit size requirements for condos.
Know Your Budget First
Use the Affordability Calculator to see what you can actually afford before property hunting.