Condos in Cavite, Philippines

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Cavite, officially the Province of Cavite (Tagalog: Lalawigan ng Kabite; Tagalog pronunciation: [ˈkäbite̞], [käˈbiːte̞] or [käˈbitɛː]; Chabacano: Provincia de Cavite), is a province in the Philippines located on the southern shores of Manila Bay in the Calabarzon region on Luzon island. Situated 21 kilometers (13 mi) southwest of Metro Manila, it is one of the most industrialized and fastest-growing provinces in the Philippines. Its population of 3,678,301 (2015) makes it one of the most populated provinces in the country. Originally agricultural and now a booming bedroom community for ultracongested Metro Manila, its location just north of Taal volcano poses significant risks of ashfall, and debris flows through it into Manila Bay. The de facto capital of the province is Trece Martires, although Imus is the official (de jure) capital. For over 300 years, the province played an important role in both the country's colonial past and eventual fight for independence, earning it the title "Historical Capital of the Philippines". It became the cradle of the Philippine Revolution, which led to the renouncement of Spanish colonial control, finally culminating in the Philippine Declaration of Independence on June 12, 1898 in Kawit, Cavite. The old provincial capital, Cavite City also hosted docks for the Manila galleon, becoming an essential part of commerce between Asia and Latin America.

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A condominium, usually shortened to condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned. Residential condominiums are frequently constructed as apartment buildings, but there has been an increase in the number of "detached condominiums", which look like single-family homes but in which the yards, building exteriors, and streets are jointly owned and jointly maintained by a community association. Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, such as hallways, walkways, laundry rooms, etc.; as well as common utilities and amenities, such as the HVAC system, elevators, and so on. Many shopping malls are industrial condominia in which the individual retail and office spaces are owned by the businesses that occupy them while the common areas of the mall are collectively owned by all the business entities that own the individual spaces.

Source: https://en.wikipedia.org/