What to consider in buying your first condo investment
March 3, 2021
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In recent years, condo developments in the Philippines have been on the rise, particularly in the Metro. Residential condominiums in central business districts and nearby cities are popular half-way homes for the working population who originally are from the provinces. Condos are also good investment options for those looking at long-term income as these properties can eventually be rented out. With these being said, what exactly should you consider when opting to buy a condominium? Coho by Vista Land listed down a few factors to keep in mind when choosing which condominium is right for you.
When choosing a condo to invest in, it is important that you are well-informed about the property’s developer. You should take into consideration the developer’s reputation and track record. Is it an already established developer that can deliver its commitments to you as the buyer?
Coho (Condo Homes) is Vista Land’s newest brand for beautiful and premium condominium developments in the most coveted business addresses of Metro Manila. Being a brand under the trusted developer Vista Land makes it a great choice for your next investment partner.
One of the most important factors to consider, if not the most important, in choosing your next property investment is the location. A good location is one that is accessible with all needed necessities nearby.
Coho by Vista Land has condos for sale in Taguig, Las Pinas, Bacoor and Tagaytay. Its condos for sale are in close proximity to essential establishments like business hubs, and lifestyle and entertainment centers. Accessibility is also not a question because of the various public transportation options available in the vicinity of these developments.
PRICE AND PAYMENT
Aside from the location, other important factors to consider when choosing a property are its price and payment options. First-time buyers looking to buy property in the suburbs usually have a set budget that they are willing to spend. If you are not in a hurry or if you do not need to use the property immediately, you can opt to invest in a pre-selling property that offers longer payment options for lighter monthly payments. For seasoned investors, it is a common practice to pay in lumpsum so as to qualify for special discounts and avoid high interest rates.
Coho by Vista Land offers pre-selling condo developments in Las Pinas, Bacoor, and Taguig. Investing in these pre-selling condominiums affords buyers to have a longer payment term making for lower monthly payments.
Aside from the usual amenities in a condominium, developments of Coho by Vista Land are also in close proximity to lifestyle malls like Vista Mall where all your needs can be met – supermarket, coffee shops and restaurants, retail shops, and more.
Safety should always be a priority when choosing a place to settle in. Every residential condominium nowadays is equipped with CCTVs, 24/7 security personnel, and a professional property management. These are important factors for the peace of mind of every resident of the building.
In Coho by Vista Land, this is no less important. The management ensures that every property is safe and secured for everyone’s well-being.
Choosing a condo to invest in can be a daunting task, with all the factors to consider. But with proper research and guidance, you can turn your dream of owning your first investment into reality.
Condo Homes (COHO) is Vista Land’s newest brand for beautiful and premium condominium developments in the most coveted business addresses of Metro Manila. Its modern developments are replete with resort-inspired amenities and exclusive spaces that are perfect for urban dwellers, young professionals, and discerning investors who are ready for what premium city-living entails. Click here to visit our website to know more about COHO’s premium condominium for sale developments in Taguig, Las Piñas, Bacoor, and Tagaytay.