Advantages Of Townhouses

Published: 15th April 2010
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Townhouses is one of the oldest and most popular forms of housing in the Philippines. Although condominiums are starting to become a popular trend for the wealthy, many are still opting to buying a townhouse rather than a condominium practically because of its advantages compared to condominiums or even apartments. But first, what is a townhouse?

Definition of Townhouse
A townhouse is a form of housing which were first founded in United Kingdom, Ireland and in many other countries. It was once used as a residence of a peer or member of the aristocracy in the capital or major city. Most figures owned one or more country houses in which they lived for much of the year. During the social season, such as major balls, peers and the servants moved to live in their townhouse in the capital. Eventually, According to Philippines property experts, townhouses became open to common folks, particularly when it was adapted by other countries such as in the US, Canada, Australia, and in many Asian countries like the Philippines.

Advantage of Townhouses Today
The main advantage of townhouses of today is its location as well as its capability to provide luxury. Townhouses usually sits in a small footprint in a city. The small footprint of the townhouse allows it to be within walking or mass transit distance of business and industrial areas of the city, yet luxurious enough for wealthy residents of the city.

Townhouses in Australia and in most Asian countries, are usually located in luxurious complexes. Large complexes often have high security, resort facilities such as swimming pools, gyms, parks and playground equipment. Typically, according to many Philippines property experts, a townhouse has a Strata Title, i.e. a type of title where the common property (landscaped area, public corridors, building structure etc.) is owned by a corporation of individual owners and the houses on the property are owned by the individual owners.

In the Philippines, condominiums and some apartments have also been known to provide the same luxury with that of townhouses. According to Philippines property experts, condominiums and townhouses are usually similar in terms of ownership. However, the difference is with the form of housing. Townhouses usually covers a whole floor of a building (or a whole building) whereas condominiums may only cover a single unit of a building.For more information visit to our site at http://www.myayala.com







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