1 / 9

Advantages of Residential Real Estate

Both have their respective advantages and disadvantages that any investor in the real estate market worth their salt must take into consideration. These factors are not permanent and tend to be influenced by the current economical or political climate and policies such as the property taxes of the area they are situated in.

LuigiMatthew
Download Presentation

Advantages of Residential Real Estate

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Advantages of Residential Real Estate

  2. About Real Estate When one starts off in the business of real estate, they are given two choices by their real estate agent as to what kind of property to first buy or sell as their first real estate investments: residential property and commercial real estate. The former pertains to properties that people live in such as a condo in Laguna, while the latter refers to infrastructure involved in business and industry like a plug-and-play office space in Makati.

  3. Entry Cost is Relatively Lower Compared to Commercial Real Estate An obvious advantage that some residential real estate possess over commercial real estate is their lower cost which can provide new investors the first step in their careers. Examples of these are condominium units, a staple of the urban life and one that is often in demand depending on their area but also offers a high chance of increase in their property values.

  4. Residential Real Estates are Less Susceptible to Economic Downturns Whenever the economy is struck by an untimely crisis, it is often businesses which are first affected to a significant degree. This in turn leads many tenants in commercial properties being evicted due to financial issues, which then affects the income of the landlord. This volatility is reflected in an article by Business Mirror about the current average office space rent in Manila wherein according to Colliers, an influential real-estate firm, the cost for renting office properties in Manila had dropped by 30% due to the pandemic.

  5. Potential Tenants are More Numerous Compared to Commercial Real Estates In comparison to the pool of occupiers available for commercial real estates, the number of tenants in residential properties are vastly higher depending on the demographic. This can make the search for a suitable tenant for one’s real estates to be quicker in comparison to their commercial counterparts. As long as the requirements are reasonable, an investor should not face any issues in filling up their properties with tenants.

  6. Residential Real Estate Investment Tenants are Less Likely to Leave Long-term tenants are likely to form attachments to the homes they have lived in for a while, and this is especially true if the place is well-kept and built in a convenient spot. Under optimal circumstances, tenant retention should be the least of one’s worries for investors in residential real estates. A well-maintained residential real estate can go a long way in ensuring the long-term profit of the property for the investor.

  7. Aside from residential and commercial, real estate investing can also be facilitated through real estate investment trust. For the beginner real estate investor, a condominium is a good choice to pick when starting out, and for those looking to invest on a future condo in Laguna, why not consider Crown Asia’s Valenza Mansions?

  8. As the first Italian inspired condo in Laguna, Valenza Mansions will offer four types of RFO and Pre-selling real estate properties for sale in the form of studio units and 1-, 2-, and 3-bedroom units. Valenza Mansions also has plans for numerous amenities for their unit owners such as a fitness gym, function room, garden area, and a swimming pool. In terms of convenience, Valenza Mansions is located within Crown Asia’s expansive gated community of the same name, providing a sense of privacy and exclusivity to any future homeowners.

  9. Contact us Get in touch with us Head Office LGF, Building B, Evia Lifestyle Center, DaangHari Road, Almanza Dos, Las Piñas, 1750 Metro Manila Phone No. (+632) 8882 7696 Inquiries (House & Lot) (+639) 56 380 0015 Inquiries (Condominium) (+639) 56 654 8258 To know more visit us now at www.crownasia.com.ph

More Related