Many people believe that condominiums are reserved for those who can afford frills and want pricey residences near to amenities. and are very wealthy, yet this is not usually the case. Condominiums are not simply pleasures; they may also be an excellent source of revenue. They are an excellent investment because, although they are not readily available, they do not suffer from liquidity problems. The following are some reasons why you should purchase a condo even if you do not intend to live there.
Condominiums may be an excellent investment and business opportunity.
It is tolerable and not very difficult to deal with. In leasing, it is not the condo owner but the occupants who are responsible for the upkeep, since you only own the space and will only be responsible for the equipment included inside your unit.
Affordability + Complimentary Amenities
Condos are an affordable investment when compared to other types of real estate such as townhouses or rest homes. Additionally, if you buy a condo in commercial areas, many people, particularly tourists, will want to lease it. The majority of condominiums being built now, particularly in Davao city, are located near attractions like Bajada, Lanang, and Ecoland. These locations have a strong demand for real estate since many people desire to reside conveniently close to them. Having a condo near these locations provides the convenience of living downtown since your daily requirements can be met at nearby supermarkets. Additionally, if you want to utilize it as a leasing company, you will have no difficulty getting tenants since they are aware of the advantages and benefits associated with leasing your space.
Condominium Value Increases
Condominiums appreciate at a faster pace than inflation. They appreciate based on a variety of criteria, including location, amenities such as those described above, population expansion, and the environment. Demand for lots and residences will continue to grow over time. The condo’s value will improve as downtown regions become more congested and there are fewer available housing options. Having one room may be an excellent chance for you to sell it and earn a lot of money; you could also lease it and receive passive income each month; or, if you intend to purchase a pleasant house near amenities in the near future, you could make it your permanent residence.
Investment for the long term
The longer you own it, the more valuable it becomes. That is because it values the factors listed above. Making it a company may also provide you with a long-term return on investment. Purchasing a condominium is a sound long-term investment, and the sooner you do it, the better. Lots and homes located near amenities will be more valuable since they provide comfort, and people understand the benefits of having one nearby. If you’re looking for a long-term investment or have long-term aspirations in life, a condo is a smart option.
Northpoint Davao by Camella Manors, an RFO condo in Davao, is Mindanao’s first and only vertical pine community. The British-Kiwi-themed condominium is situated in Bajada, Davao City on JP. Laurel Avenue. Due to its strategic position in Southern Mindanao’s regional hub, it benefits from a high potential rate of return on investment.
Calming vistas accompanied with a dose of health advantages greet you at the condo complex, as Northpoint’s beautiful trees emit an average of 78,000 pounds of oxygen every year. These natural greeneries are supplemented by the 5,220 square meter condo village’s British architecture.
This condominium for sale is located within a two-hour flight from Manila and a fifteen-minute ride from Davao International Airport. Northpoint is said to be a “ten-minute community,” since it is close to business hubs, houses of worship, health clinics, universities, malls, and a planned commercial strip. Additionally, it serves as a sanctuary for those looking to continue their culinary excursions in Davao!
The resort-style facilities at Northpoint are exceptional. Indulge yourself and your family in the salinized pool, kiddie pool, fitness center, sky courts, atriums, children’s playground, clubhouse terrace, and function space. Additionally, 24-hour security is given for your peace of mind.
Additionally, Northpoint is built on solid bedrock. Its soil structure is capable of withstanding a 7.2 magnitude earthquake.
This reasonably priced ready-to-move-in condominium was also named the Best Residential Development in Davao at the 2016 Philippine Property Awards.
Visit the official website of Camella Manors to make bookings and inquire about the property. Now is the time to call Camella Manors Northpoint home!
If you’re in the market for a condo, Camella Manors is a good investment. They have given superior condominium living, a tranquil atmosphere, and convenient access to services such as the Davao International Airport. Additionally, they provide cost-effective and fair solutions.
prices that you may obtain. Camella Manors will deliver, whether it’s a success or the home you’re seeking for.
The Winning Mentality 