By investing in Real Estate, it affords you of both.
Growth – relatively in the long term, your property (condo or house and lot) will have its value appreciating
Income – your property provides for you an on-going cash inflow through rental yield.
As an investor, you have an option of generating maximum return of investments with these two options:
* Flipping – buy a condo unit during pre-selling while prices are lower and more affordable; then, put them on resale when the status of the condo project is already on RFO (ready for occupancy) because by this time your unit’s value has gone up.
*Leasing/Rental – By the time you have finished paying the down payment for your property/condo unit, you can have it rented and the income generated from it will be more than enough to cover for your amortization.
But what would be a great real estate investment?
For investors like you, go for CONDOMINIUMS – a Potential Investment which can give you Passive Income
The advantages of a condominium, as outlined below, can surprisingly entice people to rent or eventually buy condo units from you:
1. Strategic Location – condos are situated in areas that are accessible to banks, malls, churches, schools, offices, etc.
2. Safety and Security – condos are equipped with 24/7 security and safety features.
3. Lesser Maintenance Cost – affordable condo dues already encompass the maintenance cost. Also, condos are less prone to burglaries and graffiti.
4. Recreational and Entertaining – condos offer an array of amenities such as swimming pool, gym, jogging trail, sauna, etc.
5. Comfort and Convenience – condos have concierge capable of handling your mails and even visitors too. Condos also have meticulously designed lobbies and manicured gardens providing you with an atmosphere of elegant relaxation. Of course, condos have standby generators to ensure backup power for your convenience.
6. Lifestyle Alternatives – a number of condos provide for health and wellness amenities as an alternative for people who values a healthy lifestyle.
[vfb id=1]
Leave a Reply