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With property investments particularly condominiums, once you find a tenant for an annual lease
term, all you have to do is deposit the issued Post Dated Checks every month as they become due.
You need not worry about the maintenance of the common areas, facilities and amenities as well as
the security since these are all covered by the monthly association dues which is actually relatively
small if you compare it with the cost of paying for a relative to watch over your single detached house
and lot while you are away. Even if in case your unit does not get rented for a few months, you have
to consider the fact that it is also appreciating in value and you can recover those loses when you
resell. The worst thing that can happen to you is to be left with a very nice property that you can
personally enjoy.It's not a short-term investment where you expect so much within 2-3 years.
Yes there may be properties that you may find cheap and affordable. But eventually, it will really end
up that way…cheap. In this case, you may not be able to expect a good appreciation on your
investment. Imagine the type of neighborhood that you can expect. This also translates to concerns for
security, safety and privacy. What type of amenities do you think it will have to attract future buyers
in case you decide to resell or even to lease out your unit. What kind of maintenance can you expect if
you have a neighborhood that refuses to pay for a decent property management team who can
efficiently operate the facilities, common areas and security of the community? What kind of
appreciation do you expect from a property in a remote location with difficult access to public
transportation, prone to flooding, and in a dangerous area. What type of market do you expect to
attract if your property cannot even present a comfortable and relaxing lifestyle with class, elegance
and provide the residents the pride of ownership?
So again, if you can afford to invest that amount of money, if not here in the Philippines, where? If not
in real estate, what? If not now, when?
Why rent when you can now own an ayala condo for only 9k monthly in makati?
That's right, 9k only payable up to 48 months with this newest pre-selling project!!!