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Why OFWs Should Buy Condo Units As An Investment

OFW STAFF/ADMIN December 16, 2018
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Are you thinking of a good investment? As an OFW, you need to have started to invest so you can return home to the Philippines to be with your family and stop working in a foreign land. It is very important to know the ups and downs of the investment that you will be indulging.

For so many reasons, buying a condo can be the best one to start with. Aside from the fact that you can livein it, you can also rent it out and earn something while you are still workingabroad.

Jean Folger, a financial expert once said that buying a condo offers so many advantages, things that you might never afford to buy.

“Often, they are cheaper than single-family homes, and they may offer conveniences – such as swimming pools and fitness centers – that you couldn’t otherwise afford,” Folger said.

  • Great Amenities

Most of the time, condominium developments offer various amenities that you won’t normally have at homes such as swimming pools, fitness facilities, clubhouses, and golf courses. These facilities are hard to own especially for individual homes.

  • Strong Sense of Community

Most condominium units offer a strong sense of community by providing planned events and the time.

  • Adorable Location

With condo units, you can pick your desired location, especially now that there the time a lot of options to choose normally have.

  • Good Investment

Aside from the fact that the price of the unit might increase over time, your condo units can also be rented out as your means of income.

  • Maintenance

The maintenance of a condo does not solely shoulder by the individual owners. It is the responsibility of the developers to secure that every condo owners can have the best experience.


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