Introduction
Finding the perfect apartment in Makati, a bustling urban center in Metro Manila, can be both exciting and overwhelming. With its thriving business district, vibrant nightlife, and numerous amenities, Makati offers an attractive living environment. However, to ensure you make the best choice, a comprehensive apartment hunting checklist is essential.
Preparation Phase
Setting Your Budget
Before you begin your apartment hunt, it’s crucial to establish a realistic budget. Consider your monthly income and expenses to determine how much you can afford to spend on rent. Experts recommend that rent should not exceed 30% of your monthly income. Factor in additional costs such as utilities, internet, and maintenance fees.
Defining Your Needs and Wants
List your non-negotiable needs and your desired features. Needs might include proximity to work, safety, and essential amenities, while wants could be things like a balcony, gym access, or a pool. Having a clear distinction helps in making informed decisions.
Location Considerations
Proximity to Work or School
Living close to your workplace or school can save time and reduce commuting stress. In Makati, areas like Salcedo Village and Legazpi Village are popular among professionals due to their proximity to major business centers.
Accessibility and Public Transport
Consider the availability of public transport options. Makati is well-served by buses, jeepneys, and the MRT, making commuting relatively easy. Ensure your potential apartment is near these transport hubs.
Neighborhood Safety
Safety is paramount when choosing an apartment. Research crime rates in different neighborhoods and visit the area at different times of the day to get a feel for its safety.
Local Amenities and Conveniences
Check for nearby amenities such as grocery stores, hospitals, schools, and recreational facilities. Living near these conveniences can significantly enhance your quality of life.
Types of Apartments
Studio Apartments
Studio apartments are ideal for singles or couples. They are typically more affordable and easier to maintain.
One-Bedroom Apartments
One-bedroom units offer more space and privacy, suitable for small families or those who need a separate living area.
Two-Bedroom Apartments
These are great for families or roommates looking to share costs while having their own private spaces.
Luxury Apartments
Luxury apartments in Makati offer high-end finishes, premium amenities, and prime locations. They cater to those looking for comfort and convenience.
Serviced Apartments
Serviced apartments come fully furnished and include housekeeping services, ideal for expatriates or short-term stays.
Apartment Features and Amenities
Essential Features
Ensure the apartment has basic features such as reliable plumbing, electrical systems, and secure locks. Check for issues like leaks, faulty wiring, and overall cleanliness.
Nice-to-Have Features
These could include modern appliances, air conditioning, in-unit laundry, and ample storage space.
Building Amenities
Consider buildings that offer amenities like gyms, pools, 24/7 security, and parking facilities. These can add significant value to your living experience.
Financial Aspects
Rent and Lease Terms
Understand the rental terms and conditions. Is the rent fixed or subject to increase? What are the lease renewal terms?
Security Deposit
Typically, landlords require a security deposit equivalent to one or two months’ rent. Ensure you understand the conditions for its return.
Utilities and Other Fees
Clarify which utilities are included in the rent and what additional costs you may incur. This might include electricity, water, internet, and maintenance fees.
Cost of Living in Makati
Makati is one of the more expensive areas in Metro Manila, but the convenience and lifestyle benefits often outweigh the costs. Budgeting accordingly is crucial.
Inspection Checklist
Structural Integrity
Inspect the apartment for any signs of damage such as cracks in the walls, mold, or water damage.
Plumbing and Electrical Systems
Test faucets, showers, and toilets for proper function. Check all electrical outlets and light fixtures.
Appliances and Fixtures
Ensure all appliances (stove, refrigerator, etc.) are in working order and that fixtures are properly installed.
Cleanliness and Maintenance
The apartment should be clean and well-maintained. Ask about the building’s maintenance policies and response times for repairs.
Legal and Documentation
Lease Agreement
Read the lease agreement thoroughly. It should clearly outline the rental terms, payment schedules, and rules.
Important Clauses to Look For
Key clauses include the duration of the lease, renewal terms, conditions for termination, and policies on guests and subletting.
Tenant Rights and Responsibilities
Familiarize yourself with your rights as a tenant under Philippine law, such as protection against unlawful eviction and the right to a habitable living space.
Negotiation Tips
How to Negotiate Rent
Research comparable rental prices in the area to have a basis for negotiation. Be polite but firm in discussing rent reductions or additional amenities.
Getting the Best Lease Terms
Negotiate favorable lease terms, such as flexible move-in dates or included utilities.
Leveraging Market Conditions
If the market is in your favor, use this to negotiate lower rent or better terms. Landlords may be more willing to negotiate during slower rental periods.
Moving In
Planning Your Move
Plan your move-in day, considering factors like the availability of movers and peak traffic times. Ensure all necessary arrangements are made in advance.
Essential Items for Moving In
Prepare a checklist of essential items you’ll need immediately upon moving in, such as cleaning supplies, kitchen basics, and bedding.
Setting Up Utilities and Internet
Coordinate with utility providers to set up electricity, water, and internet services. Some buildings may offer packages for new tenants.
Living in Makati
Lifestyle and Culture
Makati boasts a cosmopolitan lifestyle with diverse dining options, shopping centers, and cultural events. Its vibrant nightlife and arts scene make it a lively place to live.
Popular Places to Visit
Explore places like Ayala Museum, Greenbelt, and Rockwell Center. These locations offer a mix of leisure, entertainment, and cultural experiences.
Local Events and Activities
Stay updated on local events such as weekend markets, festivals, and community activities. These are great opportunities to immerse yourself in the local culture.
FAQs
Common Questions About Renting in Makati
- What is the average rent in Makati?
- Are utilities included in the rent?
- How safe is Makati for expats?
Tips for First-Time Renters
- Always visit the apartment before signing the lease.
- Read and understand your lease agreement.
- Budget for unexpected expenses.
Conclusion
Apartment hunting in Makati requires careful planning and consideration of various factors. By following this comprehensive checklist, you can ensure that you find an apartment that meets your needs and enhances your lifestyle.
