Looking at a Condo Unit in Baguio City, Philippines? Invest Now
These days, if you want to get the most out of your savings or retirement, investing in real estate is by far the best option. It can give you double, triple, and sometimes, quadruple of the amount you’ve spent. And if the property is well-maintained and located in a prime location, your profit can go on for decades. This is the primary reason the real estate sector in the Philippines continues to grow fast and strong. In fact, the latest forecast reveals that it will remain “rosy” 2 years from now.
Now, if you are currently looking at different Philippine locations, you can definitely consider a real estate investment in Baguio City. With its cool climate, strong economic growth, numerous prestigious universities, and rich history, your investment is up to a very good start. And since it is a home to a few of the most esteemed developers in the country like Goshen Land, you are assured to get the best property, whether a condo or a house and lot in Baguio City.
In this instance, however, we will be tackling about the benefits of condominium investment.
Premium Resell Price and Rental
Baguio City is one of the premier places for real estate investment in the Philippines. Because of this, whatever property you plan to own in the city, whether a condo unit or a house & lot, it will also come with a premium price. And, of course, if you plan to resell the property in the future, this will have a premium price too. Same goes with the rental. Just think of how much you’ll be earning years after. So, you can expect a higher profit, more than what you can expect.
Sure Tenant if Rented Out
If you choose to have the unit rented by others but you do not have prospects yet, then do not worry because condominium developers are very much ready to help you. They can definitely help you find one through their wide connection in the real estate sector.
Lower Purchase Price
Compared to a house, the purchase price is lower because condo buildings are made up of many units. That is why condominiums in Baguio City are highly recommended to those who are new in the real estate market.
Less Maintenance Cost
Condo developers have their own rules and regulations implemented in the property regarding maintenance, so you will not spend much this.
Condominiums come along with awesome amenities for all the tenants and most are for free. These can include swimming pools, gyms, gardens, parking, 24 hour security, and more.
Would you like to check out a few condominiums now?