Some people have a hard time deciding between buying a villa or a condo. In fact, it depends largely on your own needs, and here are a few ways to talk about this issue.
Input vs. Return
The villa type of house has the right to land, which has more room for appreciation and is more valuable. But the initial capital investment is huge.
Apartment houses have less upfront investment and generally less down payment, which gives many young people who have little savings the option to afford a house.
Maintenance
Do you like carpentry? Do you like being an electrician? Most people don't really like tinkering, but if you're willing and have the time to do it, living in a villa is a great option.
A villa will keep you busy, exercise your various hands-on skills, and give you a greater sense of accomplishment in building your home.
Living in a condo, the management company will handle most of the maintenance, the communal gardens, and there is very little you need to do in the house, mainly setting up furniture and hanging pictures.
There is a management fee to pay, but we all pay it together. Of course, if you live in a villa, you can hire someone else to do these things for you.
Maintenance Costs
If you are in an urban area, villas are mostly older homes and you have to be prepared to have unexpected maintenance work at any time. You'll have to cover the cost of utilities, insurance, water heater rental, etc.
But still, if you are a very hands-on person, these things will be hard to beat and you will be a smart owner to control your daily utility expenses.
When you live in an apartment, you don't have to worry about maintenance work outside your front door; the management office will pay for it out of the reserve fund you pay. New apartments are now centrally air-conditioned and you usually only have to pay for electricity, or add water. However, it is important to note that if the building is not well maintained, maintenance costs will increase, as will your management costs.
Space Comparison
Usually villa homes have much more space than apartment homes, with basements and garages.
Apartment homes have less space, you have to plan carefully, you can't buy too much stuff to fit in them, not everyone likes big spaces, which means more cleaning.
Some people like to have their bedrooms on the second or third floor so that the family can move without disturbing each other, but some people like to have all the rooms on the first floor so that they can avoid climbing the stairs.
Personal Privacy
Living in a villa, you usually have better personal privacy, better neighborly relations, and in the summer, you can exchange experiences in gardening.
Living in an apartment, you need to share many common facilities with others. Your house is only one wall away from your neighbors, but you and your neighbors may never get along because of the high mobility of apartment dwellers.
Security measures
Typically, new apartments now have 24-hour security and front desk services with video surveillance systems, smoke detection systems and gas detection systems. The level of security is high as outsiders entering the apartments need to register by calling the residents or the front desk.
Villa owners are independently responsible and there are no restrictions outside of what is required by law. You need to install your own security system, which depends on the house itself and its surroundings, and is slightly inferior to apartments in terms of burglary prevention measures.