PRE-SELLING CONDO PROJECTS
IN THE PHILIPPINES
Hello Property Investors!
Have you heard of
Pre-selling?
If you don’t need to move into your unit right away, this is likely the absolute best investment opportunity in the Philippines.
Pre-selling units are those being sold during construction or while still in the planning stage. Since these units are sold before even released to the general public, property developers are able to sell pre-selling units at prices lower than ready-for-occupancy units, making them a more cost-conscious choice for property investors.
-
Pre-selling
- is a popular
- arrangement in the Philippines
It allows a developer to partially fund their project by offering discounts to buyers who are willing to wait for the project to finish. The earliest buyers receive the largest discounts, and there are programmed price increases as the project reaches fixed completion goals. If you are willing to wait, this is a wonderful opportunity to lock in gains, and snag the best units that will hold value through time. We can help you decide if this is the right investment vehicle for you.
Most property developers offer similar terms: 10-20% down payment, and then monthly payments leading up to a balloon payment upon turnover of the unit. Some families then pay cash to take over the unit, others would then utilize bank financing. By far, this is the best financing option available in the Philippines today.
200 active pre-selling projects
currently in the Philippines
There are more than 200 active pre-selling projects currently in the Philippines. The majority are in Metro Manila, but
there are also projects in Pampanga, Cebu, IloIlo, Davao, and many other locations, as you can see here:
Pre-selling
Challenges
Aside from the vast number of projects, there are many challenges to navigating the pre-selling opportunity.
Aside from these considerations, we can help you evaluate which types of developments in which areas will yield the best investment, as well as make the best place to live.
Project Quality
How is the neighborhood? What is it like on the street? Can you walk to nearby locations or do you have to drive?
Percent Completion
As the project goes on, what’s left is very important to analyze from an investment perspective. Will this unit hold it’s resale value if you plan to sell eventually? Or, if this is for you, will you be happy in this unit? The floor, view, location on the floor (are you near an elevator?), and many other factors need to be considered to make sure you’ll be happy.
Future Construction
Who owns the land adjacent to the property? Are there plans to build something that will drive large amounts of people and traffic? Are there plans to build a tall building and block views in the near term?
New Projects
The best units sell out in the initial minutes that projects launch. Previous investors are offered those units first. However, since we are accredited, we also have access to the best units as they are offered. When you contact us, we’ll put you on our distribution list to update you as new projects are about to come online.
Rose has worked directly for one of the premier real estate developers
Prior to launching RE/MAX Gold Philippines, and knows their pressure strategies and tactics to push sales. This is *not* the way to make such a huge investment decision!
That’s why we are here to help you and guide you through the research process.
We’ll learn your
requirements
We’ll show you all available options within your specifications, comparing all requirements. We’ll explain how each compares in terms of investment upside using historical comparisons (comps) in the area. When the time is right, we’ll facilitate the transaction in a highly professional manner.
- Location
- Budget
- Features: Size, Beds, Baths, Amenities, Views, Proximity to Shopping.
- Timeline to move in
- Determine which of your requirements are hard vs flexible
We are very excited to meet you, learn where you are in your
investment journey and guide you to the right decision.
Please inquire here:
