The Philippines is a gold mine for real estate investors. Due to the steady growth of the real estate market since 2001, all thanks to the great demands of the BPO industry, more people now realize the great financial opportunities in investing in establishments, particularly in condominiums.
Gaining capital takes a while, but investing in condominiums is highly practical. It could be one of your safest bets in investments. Since today’s condo prices come at flexible terms, it’s easier to buy your first unit.
Still hesitating on investing in Makati’s premier real estate? You might come to a decision after learning about the following advantages:
First-Class Amenities; Low Costs
One of the advantages of investing in condominiums, especially in prime locations such as Makati, is you gain access to high-quality amenities minus the expensive costs. If you’re one of the tenants, you also get a chance to enjoy said amenities. Sure, you have to pay for the facilities, but the amount is lower compared to visiting other properties just to use their facilities.
Condo unit owners are not the only ones who benefit from these amenities. If family and friends wish to use the pool, spa, gym, or bar, they also have instant access.
Higher ROIs with Condominiums
Condominium units in the cities boast of higher resale values. Individuals make more money by buying condos from owners and re-selling to other potential buyers. It makes good money since the unit’s price tends to be higher compared to the first purchase.
If you are an owner planning to sell your unit, you have the privilege to sell it at higher prices. Buyers will understand your command for higher prices, especially if the unit is well-maintained and requires fewer renovations.
Plenty of Financial Opportunities
When people buy condo units, this does not automatically mean they will live in the condo. They make money by renting it to those in need of short or long-term accommodations. As the leasing owner, you’ll earn more through rental payments.
Condos aren’t just great living spaces — these are also great financial investments that benefit you in the long run.