Converting 1BR Condominium to 2BR Unit for Airbnb in the PhilippinesMany Filipinos are now investing in condominium units for rental purposes. If you want an extra income, you can turn your condo into an Airbnb unit. Condo living in the Philippines is a smart way to live near your workplace. And for tourists, this is a more affordable way to rent a space than staying in hotels. So, how can you convert your one-bedroom unit into a two-bedroom space to accommodate more guests? More Affordable Condo Upgrade Aside from renting out your unit, you may be wondering why consider a condo conversion? Well, real estate prices in urban areas like Metro Manila and Cebu continue to rise. Instead of upgrading to a more expensive 2-bedroom condominium, you can just renovate your current unit to meet your growing space needs. This is cost-efficient as well as a smart move to increase your condo’s functionality and resale value. Ways to Convert a 1BR Condo to a 2BR So, you currently have a 1-bedroom condo and want to convert the unit into a 2-bedroom for Airbnb. You can simply build a wall and door to an open space, such as living room, to make an additional bedroom. After finding an unused area in your condo, you can hire a carpenter to install the drywall and cladding for a wall accent. Make sure to adjust the switches and outlets to accommodate the changes. Unlike a 1BR unit, you can enjoy more privacy by adding another bedroom. With two bedrooms, you can rent your condo for up to six people. The cost of materials and labor will depend on your budget, but normally, you may spend around Php 30,000 for this simple renovation. Make sure to hire a reliable contractor to do this project. Here’s a step-by-step guide to convert a 1BR condominium unit to a 2BR:
Final Thoughts If planned well and done properly, converting your 1-bedroom into a 2-bedroom unit can improve functionality, attract renters, and increase your condo’s market value. Just make sure to prepare the costing so you can stick to your budget while doing the condo renovation. You can check out our new condominiums in Baguio City exclusive listings. Our seasoned real estate agents can help you find what you need or sell your property via REALS.PH website.
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