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.
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.
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:
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.
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 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.
