If you are about to buy a condominium unit or a townhouse you may be facing a dilemma on which type to purchase. Should you purchase pre-selling units or ready for occupancy units? Both have their advantages and disadvantages so it’s best to delve into them further to arrive at a wise decision.
A new business and lifestyle district is rising south of the Metro, and you’ll want to be among the first to help it shine at its brightest. ARCA South, a 74 h.a. master-planned, mixed-used estate, starts to build the foundations for a vibrant hub of the future.
If you’re genuinely constrained in the budget, even that is not a problem today. Nowadays, for retail investors, investing in real estate has become seamlessly easier with pooled fund arrangement. You can get together with other individuals like you who want to invest in properties but lack adequate capital, you can pool a fund with them, and then you easily purchase the desired, highly promising properties.
The vision behind Parklinks is not limited to its ongoing residential and corporate development projects. In fact, Eton Properties Philippines Inc. and Ayala Land Inc. envision a balance between open spaces and lifestyle and office facilities over the course of the next decade of Parklinks’ development.
In recent times, flipping real estate investment properties have become quite popular. While the trend posts a great opportunity for investors to make more money, it also brings with it several pits. The moment something becomes trendy, more people jump in the scene without adequate knowledge; meaning, more people lose money. So, not everyone flipping houses are ending with profits.
We are in one of those times when opportunities are in abundance. And yet, so many of us are failing to leverage on one. This is just as true about the real estate market.
Unlike your friends and family members who might require more convincing, these investors would be more willing to make investments. Besides, they can provide you with more inputs and insights, which can help you make the most out of the pooled fund.
When it comes to real estate investment, focus your resources on property that has the largest potential for growth. Where the property is located, how secure it is, and the amenities it provides are usually major considerations for investors.
There are certain things investors in real estate need to consider before they take the plunge. Taken seriously, these key reminders may keep you from making major mistakes when your goal is owning land in the Philippines.
Real estate is a good investment. It’s only a question of finding the right property to invest in, and remembering that a “good” investment is a personal definition. With an established reputation among real estate developers in the Philippines, Alveo Land’s portfolio provides a great variety to choose from.
On the other hand, if you are purchasing the property for your own use, think about how comfortable you will be with the environment. Does it have the amenities you like? Is it close to your place of work or to your kids’ school? Finding property you enjoy will make it worth the price.
When it comes to investment, buying real estate is generally a great option. Investing hard-earned money into a condo for sale will usually work for people in the short or long-term. One can have it listed for residential lease to earn passive income, which in turn can be used to pay off monthly amortization payments. If the property is located at a real estate hotspot, one can sell it at a premium.
A lot of real estate investors choose pre-selling condo as their first real estate investment. The advantage of pre-selling is that you don't need to have a lot of capital since more often you will only need to pay the down payment at zero percent interest which is spread over a period of several months until up to three months before date of turnover.
When looking for a condo unit for sale in the Philippines, there are a number of factors to consider. It would also be good to choose a condo based on the reputation and track record of its developer. This is the best way to avoid getting burned by pre-selling developments that are delivered late, or that may never be delivered at all.
It helps to narrow down the list. While not as seemingly in-demand as top condominiums in BGC or Makati (be it both in terms of pre-selling and RFO), here are some locations that still show great potential for a good ROI. If you’re looking to invest in Philippine real estate, snap up these locations before their prices peak.
Ultimately, it depends on a condo buyer’s lifestyle and financial situation on whether to go with a pre-selling property or one from the secondary market. If one is looking for a condo for sale in Manila that is ready for occupancy, a unit from the second-hand market is the best choice as it provides immediate opportunity to move-in and enjoy the property. If one can still afford to wait until turnover, it is best to go with a pre-selling property.
By all indications, condo developments in the country are not seen to slow down anytime soon. Everywhere in the metro, vertical communities are rising, providing even the most ordinary of Filipinos an opportunity to enjoy a modern condo lifestyle. The high-end market also continues to evolve and push the envelope, providing discerning homebuyers exciting and irresistible choices.
