3 Reasons Why Pinoys Should Buy a Lot for Sale in Metro Manila

Vacant land is a largely overlooked and widely misunderstood real estate investment. Most people don’t understand the value and potential of buying and selling land. In fact, too many people see them as weak and pointless investments that don’t really produce income and simply sit there without earning anything. This, however, is an unfortunate misconception that must be reversed. Vacant lots can be major sources of serious cash flow because of their versatility and “hands-off” nature. The fact that lands just sit there make such kinds of investments great, because they are simple and stable. Bought at the right price and the right time, raw land can be an extremely lucrative investment for any Pinoy who wants to cash in on real estate in Metro Manila. Here are 3 more reasons why a lot for sale is a smart investment:

• Buying a vacant land saves you the trouble of construction, renovation, upkeep, and all other responsibilities of an actual building or establishment. You don’t have to be an expert about property rehab or dealing with tenants, leaky roofs, molds, bugs, broken furnaces, or bursting pipes. The most work you will have to do is researching whether or not the lot is suitable for building and as long as you know that someone else can actually build on it if and when they want to, you’ve already won, because the property will most likely sell itself.

• Land investors have little to no competition to deal with. Because lots are widely misunderstood and quite frankly, feared by other investors, you have fewer competitors to think about.

• Finally, you can call your shots as it is easier to buy vacant land with your own money, thus avoiding long-winded dealings with mortgage companies and banks. As long as you have a good broker by your side, you are set for great success in land investments.


Comments

Post a Comment

Popular posts from this blog

House and Lot for Sale in Manila Philippines: Where You Can Get the Best Property at an Affordable Price

A house and lot for sale in Manila, Philippines is a great investment because property prices tend to increase at a steady and dependable rate here. In fact, the Philippines has never experienced a real estate meltdown. If you are interested in living in Metro Manila to access a vibrant and modern lifestyle, then the time to buy is now. Due to a great demand, affordable properties are harder to find. But if you look hard enough and use the right resources, you can surely find a house and lot that is worthy of your hard-earned money. Here is a list of places that offer the best property at an affordable price: Paranaque Paranaque is an ideal city for those who want to live in quiet residential communities such as better living or multinational village. These neighborhoods are not as too far south as most people think. In fact, these are minutes from Makati and BGC, which are two of the major financial districts in Metro Manila. These are even accessible to airports, malls, an
Read more

Lot For Sale Manila: How to Choose the Best

With so many investors and home seekers looking for lots for sale in Manila, the market competition is really tough. If you don't know what to do and where to look, then your chances of getting the best deals are slim to none. Regardless of the type of lot you need—whether commercial or residential—the following are the initial steps that you should do:  1. Read up on market prices - Your first homework is to read up on the current market prices. This will give you an idea of how much will it cost you to buy land in a certain neighborhood or area and how long it will take to complete the payment. Also, this will help you assess your financial capacity and find out if you are ready for this commitment.  2. Determine the type of lot you are looking for - You must also focus your research on the specific type of land that you need. The important factors to consider when choosing include price, location, neighborhood, and property condition. For commercial lots, rea
Read more

How to Find Luxury Homes & Apartment For Sale in the Philippines

When searching for a house or apartment for sale in Manila Philippines, you are not only looking for a place to stay and sleep in—you also want a well-located abode that can put you in the heart of the action. To find the best luxury home or apartment for sale in Manila Philippines, you must first write in detail all the amenities and features that you want your home to have. List all your negotiables on one side and your non-negotiables on the other, just to be clear about what aspects you are willing to compromise on. For example, consider a parking area. Do you need one? A parking area in crowded Metro Manila is considered a luxury. In fact, a tiny 12-sqm space for your car can easily cost millions of pesos. But if you can afford to buy one, it’s definitely a major convenience. What facilities do you need? If you want access to jogging and swimming facilities, look into well-equipped subdivisions in the metro area. Many luxury condos also offer these amenities. Once
Read more