7 Smart Ways to Earn From Your Condo Property in the Philippines

Turn Your Condo Into Cash: How to Earn Monthly Income from Real Estate

Many Filipinos are investing in condominiums for different reasons. One is to make money from their property investments, while having a place to stay in the city. Whether you’re in Metro Manila, Cebu, or Baguio City, your condo can work for you in more ways than one. So, here’s a practical guide for Filipinos to earn from their condos and maximize their real estate investment.

1. Rent Out on Airbnb

Short-term rental is a popular way condo owners generate income, especially in tourist-heavy areas like BGC, Makati, and Baguio City. Listing your unit on Airbnb allows you to earn daily, often higher than what you’d get monthly. Just make sure to secure approval from your condo admin, and register with the BIR and your local government to stay compliant.

If you prefer a steady monthly income, traditional long-term leasing is the way to go. Filipino condo owners rent out units to young professionals, expats, and students. In prime areas, rental yields can reach up to 7% per year, depending on location and furnishings.

3. Try Rent-to-Own Deals

Another smart strategy is offering your condo under a rent-to-own agreement, where part of the tenant’s monthly rent goes toward the eventual purchase of the unit. This attracts renters who want to own property but can’t afford full payment upfront.

4. Target OFWs and Balikbayans

Many OFWs and balikbayans return to the country looking for short- to mid-term accommodations. Furnished condos with flexible rental terms are ideal for this market. You can promote your unit through OFW Facebook groups or real estate platforms like REALS.PH website.

5. Convert Into Home Office or Studio

With the rise of remote work, some property owners rent out their units as home offices, podcast studios, or virtual meeting spaces. This is especially profitable if your condo has strong internet, good lighting, and quiet surroundings.

6. Offer Co-Living or Bedspace

If allowed by your building, you can convert your unit into a co-living space or rent out by bed. This works well in areas near universities or business hubs. Just make sure to follow condo rules and avoid over-occupancy.

7. Rent Out for Shoots & Events

Stylish condos are in demand for photo shoots, video content, or intimate events. You can earn by offering your space to vloggers, small production teams, or influencers. List your unit on local shoot sites or use social media to market it.

Final Thoughts

Remember that any income earned from your condo is subject to tax, so always register your business before accepting tenants. Your condo is more than just a place to live; it’s also an opportunity to build passive income. With the right approach, earning from your condo in Baguio can be profitable and hassle-free. If you want to list your property on our website, just visit our REALS.PH homepage and click on the List a Property button.