Condo Investments: Things To Look Out For

On November 1, 2008 by Lauren

Despite rising oil and commodity prices and the ongoing crisis in the US economy, now is still the best time to invest in real estate in the Philippines to safeguard your savings or your liquid financial resources. Real estate investment is the a good way to stay safe from inflation. Right now, the best kinds of property to invest in are high-rise condominium units located in prime areas like Makati, since the values continue to appreciate. With so many developments being built in the area, buyers also have the luxury to choose among the condominium developments available.

So what exactly should you look for in a high-rise condo?

First: location, location, loaction! Choose a condo situated in a premiere city center as the property values here will continuously appreciate. Makati is your best bet, as well as Fort Bonifacio and Ortigas. Condominiums in these areas are within walking distance of corporate, entertainment, and leisure facilities, as well as hotels, schools, and banks.

Make sure the condominium is developed by a reputable real estate firm. Only choose a developer who has experience, a proven track record, and a premiere roster of projects.

Fully fitted and furnished units are ideal, as it will lessen move-in stress caused by hiring designers or shopping furniture and appliances.

A condo that allows you to expand your living experience beyond your unit and caters to your lifestyle is the best investment you could ever find. Look for amenities such as a swimming pool, gym, spa, and childcare facilities.

Finally, a condo that is well-designed will increase your pride of ownership and will guarantee that ever single peso you invested in it is well worth the price.

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