How to Turn Your Condo Unit Into an Income-Generating Rental Property #infographic

 How to Turn Your Condo Unit Into an Income-Generating Rental Property #infographic

Could you envisage purchasing a condo unit in the property as a long-term investment? What would you expect to mature before listing your property for sale?  Whatever situation you may find yourself in, consider turning your newly purchased condo unit into a rental property. This can be a lucrative company, taking advantage of your idle property to offset the overhead.

It's obvious wealth is booming. With the rise in the country's IT-BPO businesses and the growth of the Philippines Offshore Gaming Operators (POGO) industry, the country is experiencing an increase in demand for land, both for office space and residential sector. The demand is further driven by the Build, Build, Build (BBB) program of the current administration which consists of 75 flagship infrastructures across the country. The national residential property price index rose by 4.4 per cent as of Q3 2018, with residential property prices in the National Capital Area rising by 6.8 per cent.

 How to Turn Your Condo Unit Into an Income-Generating Rental Property #infographic

infographic by: propertyaccess.ph

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