Is real estate investment in the country good?

dothackjhe

Hi,

I'm seeking answers from people experienced in the real estate investment which operates here in the Philippines regarding why real estate investment is good in here.

Any idea is good. But I'd highly appreciate it if there is any substantial evidence to prove the claim.

Looking forward to everyone's answers.

Regards,

Dothackjhe

HarkApas

dothackjhe

Greetings!!!

Investing something are also known as risking something.
Nowadays Philippines are booming to real estate. There are lots of property/places had been developed like a RESIDENTIAL AREAS, COMMERCIAL ETC.

If your planning to invest a property much better if it is still PRE-SELLING STATE (not yet develop).
Coz when you say pre-selling the price are still affordable, you can choose a desire unit or a place with a good spot or shall we say a prime area.
RATHER than buying a property which is ready to occupy.

ADVANTAGE & DISADVANTAGES OF RFO(Ready to Occupy UNITS)
Advantage is that you can build or u can use already the property youved bought.
DISADVANTAGE is that the price is HIGH and less income if you think for an investment.

For further assistance you may contact me:
Hark Apas
Property Specialist
Viber/whatsapp: 09359804770

MiguelGoco

dothackjhe facts: for the past few years real estate has been climbing up steadily. In ph, prices are still not as high considering a market crash from the 1980s. So it is still a good long term investment. Vacancies are at 12%, which means that the rental market isnt close the being a bubble.
Email me if you are interested, I can help you with the right investment: mgoco.megaworld@gmail.com

lessong30

Greetings ! you are looking for country to invest ? as of now Philippines is on the top of the list

https://www.businessinsider.com/best-countries-to-buy-rental-property-earn-passive-income-2018-5

I am Lester, I am From Cebu City and Cebu city if rapidly growing as of now.
you can reach me lester@fullworth.com.ph
viber or whatsapp +639457657131

samahan

That question is relative to what your expectations are. Real estate in general is a good investment. But you have to be prepared with the realities when owning investment property in the Philippines. The reality is residential condominiums quickly deteriorate in the Philippines because Filipinos do not know how to maintain residential properties. A large part of that is the quality of property managers. Many do enforce policies. And it does not help that the people are undisciplined. The unit owners themselves do not follow the policies of the property. Smoking and noise for example. Expect that resident will potential smoke inside their units. First of, smoking is prohibited by law in buildings especially in high rise due to fire hazard. Then theres the migration of cigarette smoke in to other units. Noise is another problem. Those that keep pets do not seem to care if their dogs bark all day.

And then theres security. This is a poor, over-populated and drug-ridden country. The potential of break-ins is high. Yes, even in high rise buildings.

Real estate brokers will always paint a pretty picture. But they are only after the sale and commission and have no skin in the game. Do not rely on them to guarantee you anything. Do your own research.

Marl

You can transform Real Estate into business nowadays. And a lot of people here in the Philippines invest House and Lot. Not only one, but as much as they want to turn it to an apartment or Staycation. Might you want to invest House and lot in Cavite or near Tagaytay where you can find tourist spots like Beaches, Hot Spring, Spa and Restaurants. I'll be more willing to assist you for project tripping🙂 09174178359