In the modern age, people are getting aware of what kind of possessions they want to have for themselves. These possessions may gratify them with so much satisfaction as an individual. With the ongoing transition of lifestyle and such, investments have been common in the field of improvement of lifestyle.
As we go along the era of transformation, we can say that just the thought of “saving” is not enough to guarantee our family and our future a good one. Savings may be enough today but may not be enough tomorrow or for the next few months or years.
Thus, engaging in investments is one of the best ways to guarantee a quite better life in the future. Having investments ensures and assures financial stability. Good knowledge and application to where you should invest may give you an ongoing and continuous wealth and financial security.
The following are the four main investment types or asset classes that you can consider when looking for a great investment for you:
SHARES
This is considered a growth investment as this helps the value of one’s original investment grow as time goes by. If one individual owns a share, he or she will receive dividends that come from a portion of the company’s profit being paid out to the shareholders.
GROWTH INVESTMENTS
This investment is ideal for long-term investors who can endure the ups and downs of the market.
DEFENSIVE INVESTMENTS
This investment is contrary to growth investment. This focuses on income generation rather than generating growth.
PROPERTY
This is also considered a growth investment. On the other hand, the property has also the possibility of losses and falling value. It is likely to directly invest by buying a property or indirectly through a property investment fund.
One great investment that one can deal with is investing in real estate in the Philippines.
Real estate is a property that consists of land that includes buildings, roads, utility systems, and structures. Some of the main categories of real estate are as follows:
- Land
- Industrial
- Commercial
- Residential
The following are some examples of real property:
- Attached
- Apartment
- Detached House
- Portable House
- Multi-Family House
- Single-family Dwelling
- Multi-family Dwelling
- Mobile Home
- Hut
- Villa
- Condominium or Condo
Investing in real estate in the Philippines is a great advancement in one’s lifestyle. It offers a wide variety of amenities and may guarantee you a lot easier access to comfortability and security.
Talking about real estate investments, availing of or owning a condominium can be a good jumpstart to a brighter future.
A condominium or “condo” is a privately-owned individual unit in a community of any other condo units. This is a housing complex with separate units, and every unit is owned by a certain individual. Condo owners share common areas or amenities such as elevators, garages, pools, other recreation rooms, and more.
You don’t have to worry about where you should look for a condominium that is worth your money and trust. The condo in the Philippines will definitely suit your taste and preferences when it comes to condominiums. Condo in the Philippines knows the demand, needs, and lifestyle that a Filipino or a certain individual wants to have. Its technicalities and such are designed to what the consumers are expecting to see and avail, from amenities to safety and financial security.
One of the best offers that condo in the Philippines has are the ready-for-occupancy condo.
Ready-For-Occupancy Condo or RFOs are condo units that construction is close to its completion. Unlike any other units, RFOs will definitely give you the chance to see the whole structure of the condo that is right in front of you. With this, you can start visualizing what you would want your condo to look like.
More so, most of the ready-for-occupancy condo units offer flexible payment terms that are quite more convenient for interested buyers.
What are the advantages of availing of a ready-for-occupancy condo?
Lesser Time in Waiting
Since it is an RFO, the waiting season will not be too long enough for you. You don’t have to worry about when it will be fully constructed before you will be able to see the unit that you’re interested in.
Fewer Worries
As ready-for-occupancy condo units are units that are almost done, worrying about the turnover will not be a burden. A bothersome feeling if when it will be turnover to you will not be a big problem for Ready-for-occupancy condo units.
Property and Inspection-Tour Ready
RFO units can give you the freedom or the chance to see the unit itself. This will welcome you to check the actual view, size, condition, and features of the unit.
Offers Flexible Payment Terms
Most RFO units offer flexible payment options such as the lease-to-but option. That is, you can move in into the unit and then pay the desired monthly billing payment for the unit until the full amount has been paid.
Instant Access to Amenities
Once the buyer moved in, he or she can enjoy the amenities that the building offers. The recreation feelings for the buyer as well as the freedom to enjoy the perks are guaranteed in this.
Utility Services are Readily-Available
Buyers or owners don’t have to be bothered about the utility matters since its services are readily available. A hassle-free solution is supported with this.
A Ready-Made Investment
Once you availed an RFO, a great investment is definitely secured in this. More so, you can also expand your investments here by having your condo units for rentals and listings that may generate income on your plate.
On the contrary, the following are the downsides of the ready-for-occupancy condo:
RFO Units are more Expensive
As they say, all you have to do is to move in, thus this makes the prices much higher than the pre-selling condominiums.
Less Time to Save
Since RFO units are quite expensive than the other units, the time to save for the required payment might be shorter than usual. Still, RFO offers other flexible payment options to reconsider.
Limited Unit Choices
Although you have the chance to see right through your eyes the exact view of the unit, this also coincides that this is a limited choice. Most of the RFO units are in the location with no breath-taking views of the city or the whole location.
Looking for a ready-for-occupancy condo? Vista Residences offers RFO condominiums across the country!
Vista Residences has ready for occupancy condo projects in Manila such as Vista Taft, Vista Heights, Vista GL Taft, 878 Espana, Tennyson Heights, and Crown Tower University Belt.
Meanwhile, the ready for occupancy projects in Quezon City include Wil Tower, the Symphony Towers, Pine Crest, and Vista 309 Katipunan.
They also offer condo properties situated in major locations in Metro Manila – Makati City, Ortigas, and Mandaluyong City. If you are looking for a condominium where you can easily move in or a property that you can invest in, Vista Residences has ready for occupancy condo units such as Salcedo Square in Salcedo Village Makati, Laureano Di Trevi in Chino Roces Makati, The Currency and The Spectrum in Ortigas Central Business District Pasig City and Vista Shaw in Shaw Boulevard, Mandaluyong City.
To continue its mission of providing condominium homes for Filipinos and investors, Vista Residences is now offering a premium ready for occupancy condo living in the other areas away from Metro Manila. You can experience a warm and relaxed condo vibe in its condo in Baguio and The Loop, a ready for occupancy condo in Cagayan De Oro.
For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.
