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

[EQAddict]

Marami kasing tao romanticizing yun idea na magkaroon ng rest House dahil sa mga napapanood nila sa Movies.

Hinde nila na realized yun Maintenance and expenses that comes with it.

Mag hire ka pa ng katiwala para magbantay, tapos hinde naman talaga sobra sobra yun pera. Mahirapan na sa Maintenance nun rest House and hinde na rin napupuntanhan mapapabayaan na lang.

Kaya mas maganda mag hotel ka na lang kahit 1 Week ka pa sa mga turista spots na gusto mong puntahan wala pang sakit ng ulo.


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Agree. Once upon a time i dreamt of having a beach house in anilao.

15 yrs later the property i bought is still empty i made plans, paid the architect, etc. But just felt i would never have the time to go.



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[_Cathy_]

Marami kasing tao romanticizing yun idea na magkaroon ng rest House dahil sa mga napapanood nila sa Movies.

Hinde nila na realized yun Maintenance and expenses that comes with it.

Mag hire ka pa ng katiwala para magbantay, tapos hinde naman talaga sobra sobra yun pera. Mahirapan na sa Maintenance nun rest House and hinde na rin napupuntanhan mapapabayaan na lang.

Kaya mas maganda mag hotel ka na lang kahit 1 Week ka pa sa mga turista spots na gusto mong puntahan wala pang sakit ng ulo.


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We have a vacation house that was eaten away by termites. I have fond childhood memories of that house and this is where the whole family would take relatives and friends for a quick get away. When my Lolo passed away, wala na kasi umuuwi weekly to maintain kaya napabayaan na. This is one of the properties na pinagaawayan ng pamilya namin. Matagal na namin binebenta pero wala naman bumibili

PLUS may mga katiwala na pag alam na hindi madalas umuwi yung may ari, hindi naman talaga minamaintain. Maglilinis lang pag alam na uuwi. I did it several times (surprise visit) and the garden looked like a jungle, pero no choice ka naman kasi mabuti ng madumi yung bahay, keysa walang tao.

Baliktad na ngayon, ikaw magbabayad para tumira tao sa bahay mo hahaha

[kagalingan]

ito lets put ano talaga ginagawa sa mga provinces

Nung bata pa ako year 1980s eh madalas kami sa sa dalawa na ito = laguna and subic and minsan baguio because its not a joke to travel 7-8 hours sa panahon na yun. Hindi pa comfortable mga kotse.

Laguna = hot spring. (pag bata ka super happy kasi sarap talaga sobrang init ng tubig swim swim laro laro bugbug ng sunburn hapdi ng balat kinabukasan. Ayaw ko magsunsblock baho amoy coppertone)

Subic = Shopping shopping duty free tapos Kain ng chicken cordon bleu. Ramdam na ramdam ko influence ng mga kano. At 25pesos pa lang 1dollar noon.

Baguio - The second nalanghap ko hangin ng baguio nawala pagkahilo ko sa biyahe. You stay for the coldness. And minimum 7days mafeel vacation. Kasi pag ilan araw lang eh maalala mo lang yung biyahe na bwisit at stopover pag naiihii and mga sumusuka.

Ito isama ko description sa tagaytay. Paano mag-eenjoy ang bata sa tagaytay ng uwian lang? Ano meron sa tagaytay na unique? Naalala ko nung bata ako pag punta dito sabi ko parang luneta lang na malayo. Patambay-tambay lang waley magawa kawawang bata.

[chronicle]

I also have fond memories of our house in the province. Kaso wala nagmementain kaya di na tao ang mga resident.

Use it or lose it ika nga.

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[_Cathy_]

I also have fond memories of our house in the province. Kaso wala nagmementain kaya di na tao ang mga resident.

Use it or lose it ika nga.

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Ghosts????

[chronicle]

Ghosts????

Haha. Maybe. It looked like haunted from the outside. At masukal at madilim yung paligid.
So baka may ahas din sa paligid.

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[_Cathy_]

Haha. Maybe. It looked like haunted from the outside. At masukal at madilim yung paligid.
So baka may ahas din sa paligid.

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Mas gusto ko na ghost sa ahas haha

[chronicle]

Mas gusto ko na ghost sa ahas haha

Me as well. Baka bigla kang sakalin habang natutulog kung big snake.

Nature will take its course talaga.

Back topic, i would take land anytime over a condo unit kung same price lang din.

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[EQAddict]

High rise buildings are much safer in earthquakes compared to low rise houses or mid rise buildings. Its the way they are engineered.

Of course, fire is a different story.





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[Yatta]

So lomg as the developer followed the building code it should be alright.

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[kagalingan]

Kung may mabibili kayo kalahating milyon na parking eh bilhin nyo na. Paupahan ngayon eh depende sa location so around 4,500 - 7thou per month. So kung 500thou mo nabili eh meron ka at least 5thou a month. Hindi tutubo sa bangko yan. Eh paano kung pito parking mo, eh nag-aantay ka ng walang pagod at walang inaalala masisira unit kasi ano ba nasisira sa parking.

May type ako bilhan ng parking jan sa bandang rotonda kaso isang milyon na ngayon. Dapat binili nung year 2010. Sayang, 7thou ang rent ngayon.

[dr. d]

Kung may mabibili kayo kalahating milyon na parking eh bilhin nyo na. Paupahan ngayon eh depende sa location so around 4,500 - 7thou per month. So kung 500thou mo nabili eh meron ka at least 5thou a month. Hindi tutubo sa bangko yan. Eh paano kung pito parking mo, eh nag-aantay ka ng walang pagod at walang inaalala masisira unit kasi ano ba nasisira sa parking.

May type ako bilhan ng parking jan sa bandang rotonda kaso isang milyon na ngayon. Dapat binili nung year 2010. Sayang, 7thou ang rent ngayon.

whereas before, baka puede pa,
the condo probably will not allow you to buy a parking slot, if you do not have a condo unit there.
some condos do not allow "stranger cars" to park inside their garage areas.

[kagalingan]

doc hindi talaga pwede pag wala unit.

kaya natutuwa ako sa ginagawa ng mmda ngayon na puro tow. Kasi dapat talaga mag-avail ng parking ang isang kotse.

[kagalingan]

condominium sobrang sobra sobra as in paano ko ba isusuperlative pa ang sobra sobra excesss ngayon nagbabagsakan presyo.

Kawawa mga big units wala umuupa so yari ka sa monthly dues.

There are jobs na pwede workfromhome. Magbabago na buhay hindi na kagaya dati pasok opisina bayad parking.

Ito gusto ko magbaratan condo para pwede na gibain.

[viper888]

An advantage condos have over house and lots is a higher rental yield

A 150M AAV house will rent for approximately the same as an 80M unit in Pacific Plaza BGC

But the pandemic skewed the numbers

Land is still the better investment if you dont need recurring income. Condos became a great investment because POGOs were renting them for absurd rates. But now they’ve mostly left, its hard to judge.


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[_Cathy_]

I only want a condo because of the view, but not all condos have a good view

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