Selling your condominium unit is never easy. You might even feel that it’s taking as long as it takes to close a sale, let alone find a buyer for your unit. The quicker you can profit from your investment, the happier you will be, but it’s just not happening like you imagined.
You could try two approaches: You could try your luck, and waste time. Or you could try to prepare and strategize your way to the sale.
If you’re an OFW or a foreigner thinking of investing in condo units to rent out, you’re probably worrying about how you could manage it when you’re still working abroad. I mean, you must have heard of stories where condo units are so badly mismanaged that investors lose their tenants so quickly; they’re losing money on the deal.
For that matter, any business, when not monitored properly, will surely fail.
It’s tough being a millennial in this fast-paced world.
This probably sounds like you: a young and active go-getter renting an apartment, earning relatively-okay income – but with a strong, strong desire to get your own place in this hustling and bustling city. In other words? You’re a young adult with a dream condo in mind…
…but with no idea how to get it.
No need to worry because here you’ll find 6 easy, concrete questions you can ask yourself in order to start your journey to getting the condominium unit of your dreams.
The continuous growth of the real estate sector in the Philippines has remained on a positive level this 2016. Despite the changes that the coming elections may bring in the government, the real estate has maintained to contribute to the stability of the economy. This is according to the CBRE Philippines which is a well-known real estate service provider and consultancy firm.
Photo credit: thousandwonders.net
The first quarter of 2016 has seen the rebound of the GDP from 5.6% and a second quarter leap to 6.4% which is becoming a rising trend. With the positive forecasts and affirmation from international financial and credit rating institutions like the International Monetary Fund (IMF), Asian Development Bank (ADB) and by Standard and Poor’s (S&P). With these optimistic views, the real estate sector is bringing more developments in various sectors such as retail, office, industrial as well as residential within and even outside of the main city across the country.
Makati City's Central Business District (CBD), known as the premier financial capital of the Philippines, is home to most of the multinational companies, commercial establishments and to medical institutions. It is no wonder that Makati CBD remains to be the unbeatable address to live, work and play in a bustling district where all the action never ends-day and night.
Makati has become the favorite home away from home place for most expats who are currently working or who simply choose to stay in the Philippines. With the warm hospitality of the Filipinos and the welcoming climate, many foreigners have made our country a top pick to relocate to.
Many companies in the Makati area employ expats. With their employment, they were given opportunities to explore possible places to stay with their families. They were also provided a list of condo for sale to check out to narrow down their choices.
So why do these expats choose to live in Makati? Let us count the ways.
With starting families and young professionals in mind, Megaworld Corporation is offering its future residents an opportunity to own a San Antonio Residence unit with more flexible payment terms and further forms of financing.
About Three Central:
“Three Central Wins Best Residential Interior Design Honor at the 2015 Philippines Property Awards”
Apart from being a masterpiece by itself, Three Central also partnered with various market leaders of interior designing including the notable global design firm, Wilson Associates. As a brand dedicated to creating new definitions of luxury, the firm’s portfolio include iconic addresses of royal palaces, Michelin-star restaurants, mega casinos, five-star hotels and now, including Megaworld’s own Three Central.
Three Central will be joining the rest of the major awardees to compete at the South East Asia Property Awards this coming October 15, 2015.
Three Central of Megaworld Makati is located along Valero Street in Salcedo Village Makati. The 51 storey residential masterpiece will have an edifice of light blue glass and concrete, taking cues from the elegant architecture inspired by the iconic International Finance Center in Hong-Kong.
Three Central condominium in Makati will be the home of the first high-end lifestyle mall in the area. The units will be turned over fully-furnished, complete with furniture and appliances and the building will feature more than 20 different types of amenities. One of its highlight is the culinary station. The first of its kind in all the condominiums in Makati City.
We continue with the last post in what I now call the Finance Series. With the last few posts, I shared with you how you can calculate your returns from your condo investments. If you missed those few posts, here they are below:
Hi again guys. It’s a new week and here in the Philippines, the anticipation of the upcoming Pacquiao-Mayweather fight can already be felt in the air. I know I’m looking forward to watching what could be a historical fight. And a very profitable fight it is, too! Ticket prices are through the roof, and the promoters of the fight have built so much anticipation in this fight. You might be correct in thinking that a lot of people will become rich in this fight.
Some of those of would be the gamblers that are betting in on the fight. Betting odds are mostly pro-Mayweather right now. I’m not really a fan of gambling, though And I much prefer putting my and my clients’ money on condo investments. Because here, you get a solid, asset backed investments that could potentially make you money in the long-term, instead of a just one-off income.