Here are the most important things you should look for on buying a condo in the Philippines and plans to rent them out:
These establishments and infrastructure if near a condo will increase its likeness to be rented out easily and can command a higher rental rate.
- Schools and Universities
- Business Districts
- Supermarkets and Groceries
- Malls
- Parks and Recreation Centers
- Food and Entertainment Strips
- Police and Fire Stations
- Main Road or Highway
- Rail Station
- FX Stations
Proximity to Schools, Universities and Business Districts should be taken into consideration as the students and working professionals are your main market. They will most likely look for a unit that is walking distance to their place or has a short commute time.
If most of the items above are present in the condo you are planning to buy, then it is a great investment!
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