Advise needed - is getting a Condo unit a good investment?

**A121** · June 5th, 2018 11:56 PM

Originally Posted by _Cathy_

That's horrible. airbnb kasi yan e

Yeah. I think yan issue kapag pinapa airbnb yung unit. Century ata ang developer nyan.

**ninjababez** · June 6th, 2018 04:37 AM

wala naman problema mag air bnb; masyado kasi naging affordable, kaya ayan ang resulta.

**shadow** · June 6th, 2018 07:47 AM

Originally Posted by PaulGambino

This is the best way to so call invest in condo. Pay in cash, get the discount, then sell.

For example. A unit is valued at 4M. Let's say you get 20% discount upon paying cash. That's only 3.2M without the other fees.

Compared to taking a loan, which will jack up your cash out to around 6-7M, after interest payments.

You can easily sell the unit bought in cash somewhere in 4-5M range and make a huge profit. Unlike the one you took a loan against, you will need to sell at around 8-9M, which is harder to do.

Always remember that in housing valuation, the price is dictated by the buyer. Even if you say your unit has appraised to 8-9M, the buyer will look for a bargain and go for those selling in 5-6M range.

Sorry to say but those "property consultants" are not really consultants. They are just agents of the corporation who teaches them how to sell it the corporate way. These are the financial literacy not thought in school that everyone should know.

But again, this is only applicable if you buy a unit for investment as the subject suggests. If you want to buy a unit for your own use, that is the typical mortgage and you should be okay with the financing structure being offered by those institutions.

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In short “willing buyer and willing seller”

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**papi smith** · June 6th, 2018 11:21 AM

Masyadong tight ata ang 20% discount to market, sa buy and sell taxes pa lang 10% na agad. Factor mo pa dito yung depreciation, cost of money, discount again to get a fast selling market value and of course, your margin.

**EQAddict** · June 6th, 2018 01:29 PM

Originally Posted by 2lits17

sa mga nag babalak mag invest sa condo, i hope hinde maging ganito yun condo ninyo.

Pagpaparenta sa ilang unit sa isang condo, inirereklamo - YouTube

Man thats depressing for the other residents. Sucks.

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**shadow** · June 6th, 2018 05:06 PM

Since "design" daw ni Paris Hilton. sana mga college students na nag spring break mga nag swimming diyan eh wala siguro nag reklamo.

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**_Cathy_** · June 6th, 2018 05:51 PM

Originally Posted by shadow

Since "design" daw ni Paris Hilton. sana mga college students na nag spring break mga nag swimming diyan eh wala siguro nag reklamo.

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tama ba kita ko na may nags swimming ng naka tshirt

**Yatta** · June 6th, 2018 09:44 PM

Originally Posted by _Cathy_

That's horrible. airbnb kasi yan e

Hindi kasalanan ng AirBnB yan. Its a seller... este renters market. As I said earlier, everyone who buys a condo now has the same idea, i.e. rent it out. But with everybody trying to rent units out, prices are dropping.

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**dr. d** · June 6th, 2018 11:24 PM

Originally Posted by Yatta

Hindi kasalanan ng AirBnB yan. Its a seller... este renters market. As I said earlier, everyone who buys a condo now has the same idea, i.e. rent it out. But with everybody trying to rent units out, prices are dropping.

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i buy condo because i will live in it.
some years ago, a number of my acquaintances, bought condos "for investment", in supposedly "hot spots".
they have since sold the units. "hirap makakuha ng renters", dahil maraming naghahanap ng renters.

**2lits17** · June 7th, 2018 02:40 AM

ang balita kaya bagsak presyo pinapa upa sa airbnb is to cover the monthly cost ng condo. yan siguro problema pag nauuto ng mga agent. sasabihin na its a good investment on a prime location and madami mag rerent at they will even knock on your doorstep to rent your unit, kaso sa dami ng supply mahina yun demand plus malayo na siya sa makati cbd so bihira ang mag rerent jan na nagwowork sa makati dahil madami na din condo sa buendia area ngayon so bakit pa sila lalayo, result naging resort nalang ang azure. irerent yun 1 bedroom unit tapos mga 4-6 people ang mag stay.

grabe yun mga picture sa news parang nasa 8 waves lang sila parang kahit saan sa public area madami tao plus the trash it will generate, and of course kung doon ka nakatira sobrang hassle and parang bumagsak bigla value ng place.

lets see what will happen baka kokonti na ang demand kasi tag ulan na.