There are interesting opportunities in the city of Metro Manila for those who want to take "home" for rent. Do not consider only the Makati area because it is considered "safe" because it's all a bit relative.
Electricity and water then is more expensive in Makati than other areas, but I think it's a speech that will change from condominium to condominium, from district to district or better from barangay to barangay. It should rent the classic condo or an apartment or boarding house ? What are they? Let's look at the differences.
The "condo" is an apartment of a skyscraper or tower inserted into a broader context organized, usually with the amenities such as swimming pools, gyms and shops (convenience stores) and various internal services. There is a security service 24/24 and any guest are controlled and have the obligation to register.
There are several manufacturers in Manila (condominium developer) for example DMCI homes high quality and Cityland more popular.
If you are alone and you plan to stay for a long period, it should definitely rely on one of these structures which are many.
Prices currently start at 9k up for a unit coffins (empty apartment). E 15 / 17k for a furnished studio unit fully furnished with aircon, fridge, heater, double bed, table, microwave oven and sometimes a washing machine.
The apartment is a classic apartment as for us in Italy. The offer is really varied and should visit the area (the location) and check the internal state of things, but this applies to all options. In this case you can find apartments for 7k up (average price 10k one bedroom) obviously depends on the area and size, always it refers to a unit coffins (empty apartment, unfurnished).
The sites to turn to "find a home" in Manila are manifold. The most famous:
but there are many others.
Boarding House : apartments usually with kitchen and shared bathroom. The "security" conditions are sometimes far from those considered in Italy and even normal hygiene conditions can not be considered acceptable.Usually stays at these facilities are temporary and prices start at 3k up (average 4 / 5k). The agreement usually is verbal and there is a written contract as per the condo or apartment.
Prices in Manila are much higher than in other areas. For example in Cavite town just outside Manila can be found quite large houses (one or more bedroom) inserted in Subdivision (popular villages presided over by an incoming control gate sometimes active, sometimes not) by 3k up. Very competitive prices, However you pay the price of the time that is employed to get to the center of manila; 3 hours or more in the presence of traffic .
Traffic is the number one enemy in Manila making it unpredictable and ever-present, only on the weekend fades to disappear almost completely alone on Sundays.
To get a good price should rent for at least 6 months or a year. Usually it requested 2 months deposit and 1 month in advance . 2 monthly payments as deposit and 1 advance payment. Generally. It is often incur an additional deposit if you install an air conditioner or if the number of members who will live the drive is greater than 2 (water costs increase), and so on.
If you rent with a term of one year, for example, and you need to go before the natural expiration of the contract, the deposit is lost, but it is not always so. It can be returned on condition that you have not broken anything of course, inform the owner one or two months before the normal deadline. So be careful to sign contracts carefully read the rules and treat if necessary.
The real estate offer in Manila is high, and the contractual agreement signed is quick to end the continuous and steady high demand from the market.
John,
April 19th, year of the Lord 2016
