Browse Condos in Marikina, Metro Manila or list your own. Advertise, sell your property, list it for letMarikina (), officially the City of Marikina (Tagalog: Lungsod ng Marikina), or simply known as Marikina City, is a 1st class highly urbanized city in Metro Manila, Philippines. According to the 2015 census, it has a population of 450,741 people.Located along the eastern border of Metro Manila, Marikina is the main gateway of Metro Manila to Rizal and Quezon provinces through Marcos Highway (Marikina–Infanta Highway) It is bordered on the west by Quezon City, to the south by Pasig and Cainta, to the north by San Mateo and to the east by Antipolo, the capital of Rizal province.
Founded by the Jesuits on the fertile Marikina Valley in 1630, Marikina was the provincial capital of the Province of Manila under the First Philippine Republic from 1898 to 1899 during the Philippine Revolution. Following the onset of American occupation it was then organized as a municipality of Rizal Province, prior to the formation of Metro Manila in 1975. A formerly rural settlement, Marikina is now primarily residential and industrial and has become increasingly commercial in recent years. The City of Marikina is considered one of the wealthiest local government units in the Philippines.Marikina is known as the "Shoe Capital of the Philippines" for its famous shoe industry. It is the biggest manufacturer of shoes in the Philippines, producing almost 70% of shoes made in the country. Located in the city are the Philippine International Footwear Center and the Shoe Museum, housing the infamous shoe collection of former First Lady Imelda Marcos, wife of the late Filipino dictator Ferdinand Marcos.The city is under the jurisdiction of the Roman Catholic Diocese of Antipolo. It contains the Our Lady of the Abandoned Church, the oldest in the Marikina Valley.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/