Why You Should Invest in a Property in the Philippines If you want peace of mind and secure your future when you retire, you can invest in real estate now. Aside from the increasing value of properties in the country, it’s also the best time to acquire a new home because of the low interest rates offered by real estate companies. There are so many good reasons why Filipinos should consider having a real estate investment before their careers end. Read on to discover the many benefits of buying a property, its potential profits, and some pitfalls to look out for. Investment Portfolio Diversification As an investor, you want to diversify your portfolio in order to protect your assets against any loss. One way to do it is to invest in real estate as the values of stocks, mutual funds, and other securities will fluctuate depending on market conditions. Real estate is a non-liquid investment so you can play with the volatility of the market from time to time. Keep in mind that the worth of condos, townhouses, single-detached homes, and other housing units will keep increasing over time. PH Real Estate Is Least Expensive Around the world, you can find the least expensive properties in the Philippines due to a plethora of well-funded developers. There are so many affordable options to buy or invest in, making it an even better investment. Moreover, both non-licensed and licensed investors as well as brokers without license can join the real estate market including the pre-sale option. Meaning, they can sell or acquire properties anytime – a nice strategy if you want to build a stable rental income. Enjoy Tax Savings and Other Perks Real estate investors can avail of tax benefits and deductions from owning, maintaining, and operating properties in the Philippines. The cost if you want to buy and develop your property will depreciate over time, so you can benefit from the deductions and decrease your taxable income for decades. Build Passive Income Before you invest, make sure to calculate your potential profits. If you’re paying monthly amortization, you can make an income on rental. Some areas have higher rental rates so it’s really a good strategy to build a passive income from your real estate investments. You can also buy a property and then sell it for a higher price to make profits. Another idea is to transform your home into lodging or AirBnB if you’re located near a commercial center, tourist spots, and other destinations that people come to visit. Final Thoughts Investing in real estate in the Philippines is a smart move. Whether you’re an OFW, a seasoned investor, or a new home buyer, make sure to consult a real estate agent to help you throughout the process. Remember, it’s not an easy journey so it’s always better to work with a professional who understands the entire buying process. You may contact us today for some free advice and we’ll be happy to help you! if you are looking for a property to buy in the Philippines, click the button below: do you have a property for sale? We would like to help you sell your property, enlist your poperties with us for free. Click the button below:
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