Ghie Cars
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As an aspiring homebuyer, you need a clear goal before making an investment as important as owning a condo. What do you plan to use it for? Will you live in it, rent it out, or sell it later for a higher price?
The right condo purchase decision depends on your situation and financial goals. Here’s a guide to help you figure out whether a condo is better to use as an investment or as a living space.
Why get a condo as an investment?
1. Earn extra income from condo rental
How to make your hard-earned money work for you? Buy a condo property in a good location and rent it out. Once you find a tenant, you’ll soon start making a profit from your condo investment. The monthly rental fees you collect can be used to pay your bills, add to your savings, or invest in other financial instruments like bonds and stocks.
2. Gain a long-term profit
Apart from condo leasing, you can make money from a condo investment even while you sleep. Get a condo unit and then sell it later for a lot more than the price you purchased it for.
With condo prices increasing over time, you’re assured that the value of the condo you buy today will be higher when the time comes you decide to sell it. According to data from the Bangko Sentral ng Pilipinas, condo prices enjoy stable growth—ranging from 2.3% to 8.7% since 2015 up to 2017.
Compare that to the depreciating value of a car or a high-end smartphone model, and you’ll realize there’s no better time to invest in a condo than now.
3. Plenty of profitable condo locations to choose from
Flair Towers Mandaluyong City | DMCI Homes
Flair Towers, a DMCI condo in Mandaluyong City. Photo courtesy of DMCI Homes
Is buying a condo a good investment in the Philippines? Yes, the country’s condo property market performs even better than its Asian neighbors.
Putting up a condo unit for rent in Makati or anywhere in Metro Manila results in better rental yields than in other Asian cities, based on the latest Colliers International Philippines residential report. So use this opportunity to your advantage.
While condo properties in major financial districts are very much in demand, those located in up-and-coming business districts in Metro Manila also attract a lot of potential renters. Consider getting a condo unit in Mandaluyong, Quezon City, Pasig and other areas in Metro Manila ideal for condo investment this 2018.
4. Diversify your investment portfolio
Photo courtesy of Benzoix via Freepik.com
If you’re already investing in bonds, mutual funds and stocks, adding a condo as an investment will give your portfolio a boost. For instance, when the value of your stocks takes a nosedive, your lower-risk condo investment can balance out your net gains.
Why get a condo as a home?
1. Safety, privacy and convenience for your family
Family Time in Living Room
Photo courtesy of Pressfoto via Freepik.com
Planning to move out of your parents’ home to raise a family of your own? Good call! Getting a condo before getting married or having a baby makes the transition a lot easier. Compared to buying a house and lot, it’s faster to move into a condo, especially if it’s a ready-for-occupancy unit.
Living in a condo community comes with a lot of benefits for starting families. There’s a sense of stability, as your family will be staying there for as long as you want without having to move from one home to another.
Safety is another advantage of getting a condo as a home. DMCI condo communities, for example, have 24-hour security, fire alarm and sprinkler system, and CCTV cameras to ensure your family is secure round the clock.
Condo living is also more convenient than living in a house and lot. Residents of DMCI condo communities, for example, enjoy easy access to schools, malls, major roads and a variety of transportation options.
2. Enjoy a sense of freedom through independent living
Woman floating in swimming pool
Want to make your adulting goals a reality by living solo? Condo living affords you a space to call your own—no need to adjust to anyone’s rules, schedule, mood and quirks.
3. Enjoy hassle-free living
Living in a condo community can save you time and effort in doing maintenance tasks. No need to worry about cleaning the pool and watering the plants because somebody else will handle it.
Also, you won’t even have to get out of the condo premises when you need to refill water, hit the gym, hang out at the pool or buy snacks—just go downstairs or walk to the next tower to access DMCI condo amenities.
4. Your money goes to something you actually own
Buying a condo for personal use is a practical choice when you want to stay for good in a particular area. Rather than hop from one apartment to another and pay a monthly rent, it’s better to pay monthly amortizations to own a condo.
Condo as an investment vs. condo as a home: Which is the better choice?
1. Get a condo for investment if it’s located in an area ideal for renting and selling
Is the condo you’re eyeing located in an accessible area? Location is an important consideration when investing in a condo property. To maximize your returns, choose an area where a lot of people are likely to rent or buy a condo.
2. Get a condo for personal use if you’re a first-time homebuyer
While investing in a condo is more financially rewarding than living in one, the latter is a better choice if you still don’t have a permanent living space to begin with. Once you’ve settled down to your condo as a home, you can start saving up to buy another condo for investment.
3. Or you can do both at different times
The beauty of real estate investing is that you can strategize according to your financial goals. Overseas Filipino workers or OFWs, for example, can buy a condo and rent it out while they’re working abroad. And when they return to the Philippines for good, they can choose to settle there with their family.
Alternatively, you can buy a condo to live there first. When you’re capable of buying another condo property, you move into the new unit and put up your older unit for rent or sale.
4. Whichever you choose, it teaches financial discipline
organized money saving notes
While you’re still young and have a high earning capacity, you’re in a good position to future-proof your finances with a condo purchase either for investment or personal use. You have a lot of time and energy to save up and invest in a condo, so you’d better make the most of it!
193sqm CORNER LOT FOR SALE
Willow Park Homes by DMCI Homes
Location: RFM Rd. Cabuyao Laguna Near Cabuyao Exit
Discounted Price is 1,947,500
20% Down Payment is payable in 12 months or 30k / month
To know more or for site visit PM or Call me at 09175638882
09989715184
[email protected]
PRISMA RESIDENCES – PRE SELLING
Located in Pasig Blvd., corner C5, Pasig City
Very accessible/near in Ortigas Center, BGC, Mckinley Hill Taguig, SM Megamall, St. Lukes, St. Paul Pasig
Turnover Dates:
April 2022 (astra) 1st Bldg
April 2023(celeste) 2nd Bldg
WE OFFER FLEXIBLE PAYMENT TERMS:
For Astra
Option1: 30% Down payment payable in 45 months 70% Bank Financing
Option 2: 100% Spot Cash (10% to 16%)
For Celeste:
Option1: 30% Down payment payable in 57 months 70% Bank Financing
Option 2: 100% Spot Cash (10% to 16%)
RESERVATION REQUIREMENTS:
• (2) Valid Government I.D.s
• Proof of Billing and TIN
• Only P20,000 Reservation Fee
DMCI HOMES OFFERS:
• Location Wise
• Trusted Quality – DMCI Homes
• Resort-Type Living
• High Appraisal / Rental Value
• 24/7 High-Tech Security
• Perpetual Ownership
• 0% Interest and No Hidden Charges
• Fully Finished with 2 Year Warranty
• Bigger Unit Cuts (60% - 70% Common Areas)
• Free Assistance for Home Loan Application
I handle all DMCI Projects in Metro Manila:
Zinnia Towers - North EDSA QC
The Celandine - A. Bonifacio Balintawak QC
Infina Towers - Aurora Blvd QC
The Orabella - P. Tuazon Blvd Cubao QC
Mirea Residences - Amang Rodriguez Ave. Santolan Pasig
Levina Place - Jenny's Ave. Ext. Pasig
Lumiere Residences - Pasig Blvd corner Shaw Blvd Pasig
Prisma Residences - Pasig Ave. corner C5 Pasig
Kai Residences - Dansalan Mandaluyong
Fairway Terraces - Villamor SLEX Pasay
Calathea Place - Dr.A. Santos Ave. Paranaque
Asteria Residences - San Antonio Valley Paranaque
Torre De Manila - Taft Ave. Manila
P.S. Free Assistance on site tripping and documentation.
📲09989715184 (Smart)
📲09175638882 (Globe)
📨 [email protected]
Hyundai Grand Starex Van
Face Lifted 2018
Urban Exclusive (top of the line)
Dual Sunroof
Bigger New Alloy Mags 17"
New Dash and Audio Pack
Brown Leather Captain Seats
New Projector HeadLamp
Free: 3 yrs LTO Registration, Tint and Matting
Free: assistance on Auto Loan application
Look for GHIE to assist you better
THE ATHERTON - Modern Tropical Condo
Dr.A.Santos Ave., Valley 1, Parañaque City.
Near Patts, Olivares College, Unihealth Hospital & SM BF
Few minutes Drive to Mall of Asia, Okada, City of Dreams Solaire and International Airport. And also accessible via skyway.
High potential of rentals.
Take advantage of our INTRODUCTORY PRICE!!!
Our Downpayment is ZERO INTEREST
30% Down Payment Payable in 48months
2BR A 54sqm P4.5-5.3M P18.6-21.3k/monthly
2BR B 56sqm P4.6-5.3M P18.7-21.5k/monthly
2BR C 57sqm P4.6-5.3M P18.9-21.7k/monthly
3BR Tandem 91sqm P8.4-9M P34-36k/monthly
Reservation Acceptance July 17, 2018
To know more please contact your licensed and in house property consultant
+639175638882 Globe
+629989715184 Smart
+632-2182977 Landline
[email protected]
Pre Selling Condo near BGC
Prisma Residence
Location: Pasig Blvd. Pasig City
10mins to BGC Taguig / Mckinley Hill
2mins to Capitol Commons
15mins to Makati
Available in 2-3 bedroom
Turn over April 2022 for Astra Bldg
2 Bedroom - 31,327.56
3 Bedroom - 45,229.69
Turn over April 2023 for Celeste Bldg
2 Bedroom - 24,732.28
3 Bedroom - 36,497.12
Few Units Left before the price increase
Enjoy the Quality CondoHomeVestment for your Family or for Business Sake.
Consult Now and will assist you better
In House Licensed Property Consultant
Gina Imperio - Available in Viber, Whatsapp, iMessage, WeChat
+639175638882 globe
+639989715184 smart
+6322182977 landline
SALES PROMO
Avail before it's sold out‼️
✅Selected 1 bedroom units with additional PROMO discount.
➡️ Infina Towers near Ateneo de Manila
➡️ The Celandine near Ayala Clover Leaf Mall
➡️ Calathea Place near SM City BF Paranaque
Call or Message your Licensed Property Consultant
+639989715184
ZINNIA TOWERS
Ready for occupancy Condo in Quezon City
Location Munoz Edsa Quezon City
Available Units: 2BR I 3BR
Price Range: P5M - 7M
North Tower-
South Tower-
Promo Payment Term: 20% DP , 80% thru bank financing.
Why choose DMCI Homes?
> Quadruple A Builder & Developer
> Perpetual Ownership (Lifetime Ownership)
> Resort Type Living
> Family Oriented Environment
> Quality and Tested
Contact your licensed property consultant now
09989715184 viber whatsapp and imessage ready
2018 Hyundai Grand Starex
Urban Exclusive
Euro6 2.5L 175hp
Automatic
Brown leather captain seats
Touch screen dash
17” mags
Dual Sunroof
Retractable side mirror with Led
Projector headlamp
Please message me for more details or text 09989715184
Click here to claim your Sponsored Listing.
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Thursday | 7am - 10pm |
Friday | 7am - 10pm |
Saturday | 7am - 10pm |
Sunday | 7am - 10pm |
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