Condo-hunting is as exciting as it sounds especially if you’re a first-timer. You’ll come across some crucial decisions that can impact your lifestyle in the long run.
At some point, you’ll be scratching your head while faced with the option of choosing a unit to rent, whether bare or a fully furnished condo unit, or maybe something in between. You will also be in a dilemma if you will choose a 1-bedroom, 2-bedroom, or 3-bedroom condo unit. Don’t worry, all this is part of the journey.
You’ll eventually find the right choice that will take you one step closer to finding the right condo. Here are some guidelines to help you out on your condo hunting:
For the eager millennial
Are you part of the self-motivated Generation Y? Well, that explains why you’re hunting for a condo for rent this early in your life. Since you’re basically a newbie everywhere, your head is probably spinning with a lot of questions such as if you should go for a bare, semi-furnished, or fully-furnished condo? Just breathe. Relax. It’s okay to not have things all figured out the first time around. That’s what other people are there for: to help you out.
Since it’s your first job, renting out a fully furnished condo may be a good choice for you. It’s convenient because you wouldn’t have to buy your own furniture, lessening the baggage you need to pack and take along when you move out.
There’s only one downside to this: a fully furnished condo is more expensive than a semi-furnished or bare unit. Since everything is provided, you’re naturally expected to pull more bills out of your wallet. Of course, if you’re earning well in your entry-level job, this shouldn’t be a problem.
In fact, many young professionals are choosing fully furnished condos for the convenience they offer. You should definitely give it a try if you feel it will suit your lifestyle.
You can choose a fully furnished 1 bedroom, 2 bedrooms, or even a 3 bedroom condo unit depending on your lifestyle and the space that you need. Here are some of the pros and cons of owning a fully furnished single or multiple-bedroom condo unit.
Pros of a fully furnished 1-bedroom condo unit for rent
- It eases your settling in - Moving into the condo unit will be easy and you do not have to worry about the furniture that you need because the condo unit is already fully furnished.
- Manageable unit - Having a 1-bedroom condo unit can make you easily manage the space. You can easily clean and organize the space because of its size.
- You can enjoy your privacy - When you are ready to embark on independent living then a fully furnished 1-bedroom condo unit is perfect for you. You can enjoy your privacy in your 1-bedroom condo unit because the space is only suited for you.
- It is more affordable - A 1-bedroom unit is much more affordable compared to a 2- or 3-bedroom condo unit. It is more advisable to choose a 1-bedroom condo unit especially if you are still single because you will only need a small space.
Cons of a fully furnished 1 bedroom condo unit for rent
- Limited space - In cases of unexpected visitors like your family members or relatives who need a place to crash in for the night, you cannot offer them to stay in your place because of the limited space of your condo unit.
- Not for a start-up family - If you are planning to start your own family then this type of condo unit is not suitable for you. Because of the limited space, your children will have no available space to play on and no room to sleep on. This will also make your growing family uncomfortable because you are cramped in a small condo unit.
- Fixed space with limited decorating options - In a 1-bedroom unit, the space is limited and fixed. You do not have the option to convert the space to make it more useful, like having a spare room that you can rent out or make it your work from a home office. You also have limited decorating options because of the small size of the area.
Pros of a fully furnished 2- or 3-bedroom condo unit for rent
- Suitable for start-up families - A 2- or 3-bedroom condo unit is a suitable space for a start-up family because it offers a large space for family activities and an extra room for your children. Having this type of unit can be adaptable to your growing family.
- A source of your passive income - You can create a passive income from the extra room of your 2- or 3-bedroom condo. If you are better off sharing your condo unit with a roommate, you can rent it out for bed space, or if not then you can rent it out as a storage unit.
- Your work from a home office - You can convert the extra space of your 2-bedroom condo into your workstation. This setup can make you productive because you have an office setting inside your condo. Compared to when you are working in your bedroom and living room, there are chances that you might feel lazy and sleepy which can affect your work output.
Cons of a 2- or 3-bedroom condo unit for rent
- It is costly - 2- or 3-bedrooms are more expensive compared to a 1-bedroom unit, but this is normal because you are paying for a much wider space. You can just look at the bright side, even though it is pricey you can enjoy the comfort of a wide and fully furnished condo unit.
- High maintenance - Renting a 2- or 3-bedroom condo needs a lot of work to keep the condition of the unit in good condition. Because it is spacious, you need additional time and manpower to clean your unit.
- Fees for damaged furniture - You must be careful when renting out a fully furnished 2- or 3-bedroom condo. Because of the size of the space, there is a lot of furniture on the unit, and when you damage this furniture then it will be expensive on your part to replace it or pay for it when you move out of the unit.
For the mid-aged independent professional
Maybe you’re not so new to the corporate world anymore and thus, know how things generally work. Perhaps you’ve heard about misconceptions about condo living and its many advantages. Is that why you’re looking for condos for rent?
Whatever your reasons may be, you’re right about upgrading your living standards. You’re entering the leasing market at a perfect time when resort-style condos for rent are everywhere.
As an independent professional who’s probably in your late twenties or early thirties, you surely own a fair amount of personal possessions. This is why a semi-furnished condo will suit you just fine.
Essential furniture like a bed, dresser, table, and chairs will be provided for you by your lessor. All you have to bring is your coffee maker, glassware, bookshelf, and other things you need for daily living.
For the hopeful and idealistic newlywed
You just emerged from the happiest two months of your life. Now you’re ready to face the world and start a new life with your spouse. First step: condo-hunting. Naturally, you have that itch to start from the bottom and build from scratch with your loved one. It just sounds so exciting and romantic; however, with the costs you incurred from the wedding and the honeymoon, it’s probably best if you keep your practical sense alongside your poetic spirit.
How furnished the condo unit is may be one of the most important things to consider before renting. In your case, a semi-furnished condo for rent seems best because it allows you to start with something while giving you enough space for personalization. It has all the essentials: a bed, a dining set, and probably a dresser or two. You can still fill in and add your own touch of creativity as a couple. Renting a semi-furnished condo may seem like a compromise at first, but you’ll eventually see it’s a smart choice.
For the devoted family man
If you have a family of your own and you’re planning to move into a condominium, the best choice is to rent a bare condo. This is, of course, presuming you already have all the furniture you need. A bare condo is especially practical as it is the most cost-effective among the three types of condo furnishings. Since it’s empty, it has only the standard structural elements like the ceiling and walls, which is perfect because you don’t need anything else, to begin with.
DMCI Homes Leasing allows you to personalize your own bare condo. You can move in with all your furniture and other possessions and start living the condo life at once. With the same furniture and appliances, you and your kids will still feel at home while enjoying the benefits of resort-style amenities and other perks. It’s a win-win situation from any perspective.
For the expat who’s here to stay
So you’re an expat who’s looking for the best condo for rent in the Philippines. Maybe you’ve heard about this country-house-style, high-rise condominiums offering first-class amenities for a low cost. That sure is convenient and economical if you’re one of those types of people who rent with the intention of staying for the long haul.
Since you’re not planning to leave the Philippines anytime soon, why not rent a bare condo unit? It will give you ample space to express your inner creative spirit, allowing you to choose the wall colors, furniture, appliances — basically everything! You’ll have the freedom and flexibility to customize your condo living experience while at the same time keeping your costs to the minimum.
However, if you’re not planning to stay in the country for a long time, then you might reconsider this as renting out a bare condo is best for people who are ready to transform their condo unit into a home.
For the wise and prudent retiree
Congratulations! You’re now a certified veteran in life. But wait, did you say it’s your first time renting a condo? If that’s the case, then you’re up for another mini-adventure. As a first-time renter, you’re probably thinking, which one should I choose for my first time renting: bare, fully-furnished, or semi-furnished?
There’s really no fixed answer to that question, but if you’re a retiree who’s looking forward to spending the rest of your life in a little paradise called a condominium, then a fully-furnished condo is for you. Sure, it’s a little more expensive than a bare condo and a semi-furnished one, but at least it already has everything you need.
Typically, fully furnished single or multiple bedroom condo units are complete with furniture and appliances for the bedroom, living room, bathroom, and kitchen areas; All that’s missing is you. It’s ideal because you don’t have to worry about anything else. You can just focus on having a great retirement and living your life to the fullest.
Getting your first condo lease is undoubtedly a huge step. Financially, it may be quite a challenge, but emotionally, it is more fulfilling and rewarding than you can imagine. Remember condo living is a lifestyle choice. It’s important that you take all the time and effort you need to know the top considerations in choosing a condo for rent to get the best deal.
Here are some of the pros and cons that can guide you in your decision-making in renting a fully furnished single or multiple-bedroom condos.
Pros of a fully furnished 1-bedroom condo unit for rent
- Save time and reduce stress - You are now enjoying your retirement, there is no more reason for you to be stressed out. One of the impacts of condo living is that a fully furnished one-bedroom condo can save you time in buying the furniture that you need. All you need to do is to move in and enjoy the environment of your condo unit and its amenities.
- Everything is within your reach - It is very tiring when you are looking for something that you have misplaced, especially if you need to look for it in wide areas. When you rent a single bedroom condo unit you can easily find things that you are looking for. It is also easy to remember where you keep your things because of the space of the unit.
- You can always be mobile - You can easily switch from one retirement place to another when you are renting a fully furnished one-bedroom condo unit. Because you do not own the furniture, and all you have is your personal belongings so it is easy to pack your stuff and move to another retirement place that you want.
Cons of a fully furnished 1-bedroom condo unit for rent
- Limited space - Because it is only a 1-bedroom condo the space is limited. You cannot have your children or grandchildren sleep over at your place because of the limited space, and you cannot also host a family gathering in your condo unit.
- No room for other personal items - If you have collected personal items over the years, you will not be able to display these items or store them in your 1-bedroom condo unit, because the decorations of the condo unit are designed for a small space.
- You cannot bring in extra furniture - In a 1-bedroom condo, the space is only fixed for the furniture that is only good for one or two persons. It will be difficult for you to add additional furniture.
Pros of a fully furnished 2- or 3-bedroom condo unit for rent
- Spacious for your family gathering - Family reunions are one of the best occasions to celebrate, and renting a 2- or 3-bedroom condo unit can give you the opportunity to host this kind of celebration because the condo unit is spacious.
- More foot traffic for you - In renting a 2 or 3-bedroom condo, you get the benefits of bigger space for more foot traffic or walking around inside your condo and doing some stretching or exercises.
- You can invite your grandchildren for a sleepover - If you are missing your loved ones, you can always have your children or grandchildren come over and do a sleepover in the extra rooms of your condo. There will be no problem with them staying with you in your condo for a couple of days.
Cons of a fully furnished 2 or 3 bedroom condo unit for rent
- Higher cost - Renting a 2 or 3-bedroom condo can be expensive because of the wide space and the number of bedrooms. You must check your budget if it can cover the cost of renting this kind of condo unit.
- Furniture quality - You cannot be sure of the quality of the furniture that is installed in the condo unit, because it is already installed when you will be moving in. There are instances that the quality of the furniture installed is not good because of the wear and tear of the furniture over time. You must make sure to check the furniture before moving into the condo.
- Maintenance problems - If you are a retiree it will be difficult to clean a large space, as a result, you will be hiring someone to do it for you. This will be expensive on your part because you have to spend on the housekeeping of your condo unit.
These are just some of the pointers that might help you and give you a little push when you are contemplating renting a single or multiple bedroom condo units, whether the unit is bare, semi-furnished, or fully furnished.
- Choose the right unit that suits you. You must check your budget if it can cover the cost of renting a single or multiple bedrooms bare, semi-furnished, or fully furnished condo units. You must also choose a unit according to your lifestyle. This will help you to avoid spending too much on a condo space that you cannot utilize.
- Always seek professional help. If you are a newbie when it comes to condo hunting, do not be ashamed to ask for help from those who are experts in this kind of field. They can help you find a perfect condo unit that will suit your lifestyle and your needs.
- Do your homework. You must do your research on what is the condo unit for rent suits your age and your lifestyle. You must also do some research about the land developer of the condo that you will be renting in, remember that you and your loved ones will be staying on that property.
To learn more about DMCI Homes pre-selling and ready for occupancy projects, units for lease, and special promos, log on to www.dmcihomes.com or call (632) 5324-8888.