Why Real Estate Is a Good Investment Option Despite a Crisis
Wanting to invest but not sure which investment option to choose? Or wanting to get a real estate investment but doubtful with the current health crisis? The question is not “should you get into real estate today?” but “why is real estate a good option?”. Below are some helpful factors to help you decide why real estate is a good investment option with or without a helath crisis.
Why you should invest in real estate
Real estate can endure risks
If you’re one of those investors who uses buy-and-hold strategy, you’re in luck with your investments. Real estate has a proven history of being one of the safest investments despite economic uncertainties. There is always demand for homes or commercial spaces be it at the present or after a few years. There will always be renters, newly wed and starting families, or young professional who are looking for properties to rent and call a home. And there are big brands or small to medium business who are looking for spaces to expand their business. With full on research done by the developers, you can be assured that the location of the property is well-thought of and studies prior to it’s construction.
Investment properties are always useful
There are four reasons why people buy a property: Use, Hold, Lease, or Sell with them having reasons why they have that. Besides having a property you can call a home, it can be use in several ways. You can hold on to it and wait for the market value to increase and lease or sell the property. You can also have it listed in the property listing websites like Filipino Homes and earn from the property by leasing it. In Metro cities like Metro Manila, Metro Cebu & Metro Davao, there is an increasing need for units available for rent. Expat, young professionals and students flock these cities to relocate for job or education purposes. This a good market to tap into and use your property for leasing and earn passively. If you’re one of those property owners who bought a property at pre-selling stage, chances that the market value of your property has increased after the development has finished. You can also sell the property at a higher value than you bought it for making a good amount of money earned.
More Investment Properties options
Real estate properties has a lot of options to offer. A condominium in the city proper, a townhouse in a village, a commercial space at a prime location and the list can go on. If you do not feel like buying a condominium, you can always opt for a property that fits your needs and your plan. The real estate landscape is booming and with so many options to choose from.
If you are not sure if real estate investing is the best for you, talk to a professional real estate agent who knows the ins and outs and the current real estate trends of today.
A founding member and blogger of Filipino Homes. Lai Marie is a digital creative sharing helpful and useful travel tips at Pinay Travelista and sharing life hacks and stories on her You Tube channel.