Owning a condominium is a great investment because it is an affordable housing option. In most cases, you can get the same features that are found in a high-end house, but with a much lower price tag. Sounds like a great deal right? Let’s dive deeper into why buying and owning a condo is a wise decision.

1. YOU DON’T NEED TO PAY ALL OF THE TOTAL CONTRACT PRICE TO MOVE-IN! We only ask homebuyers to pay a certain percentage of the total contract price, usually 20%, which serves as a down payment, and is often in divided into payments of 24 to 36 months. After paying for the 20%, homebuyers can use bank financing to pay for the remaining 80% for up to 15 years. Before completing all payments, homebuyers can already live in or rent out their condos making them self-liquidating assets.

2. VALUE APPRECIATES OVER TIME. Condominiums normally appreciate in value at a rate that is almost consistently higher than the inflation rate. This means your investment is guaranteed to grow while you are living in it, even if you never sell it.

3. A SAFE REAL ESTATE INVESTMENT. Condo investing is considered a safer real estate investment and is a perfect alternative to more risky forms of investing. Condos often sell before they’re built, offering homebuyers the chance to resell their units at a higher price if they wish. Also, because condos are only sold to individuals who want to live in the building, they tend to hold their value better than single-family homes do.

4. LONG-TERM INVESTMENT. Condo investing is a great way for long term homebuyers to invest in real estate. In fact, on average, the longer you hold it, the greater your return on investment will be. It has proven to be much safer than stocks in recent years.

5. EASY TO RENT OUT. Finding an occupant for a condominium is easy, especially in major cities like Iloilo City.

6. EASY UPKEEP. Investing in a condominium is extremely convenient as many of the management and maintenance problems are taken care of by the condo corporations which enable homebuyers to focus more on the investment facets of the property and not worry about maintenance and upkeep.

7. PROTECTION FOR UNIT OWNERS. The rights and interests of condo owners are protected by the bylaws and regulations set up by the condominium corporation.

8. BETTER NEIGHBORHOOD. Condominium communities like Mandurriao Garden Residences offer homebuyers the ability to purchase an investment property in a good and properly maintained neighborhood.

9. CONVENIENT AND LUXURIOUS LIFESTYLE. The properties are centrally located, equipped with services and amenities like gyms, a swimming pool, 24/7 security and many more.

Mandurriao Garden Residences is a master-planned vertical community located in Brgy. Pali, Mandurriao, Iloilo City.

There is a planned development of 10-12 residential condominium buildings as well as community shops inside to be built within the next several years.

Please click HERE for the Home Buyer’s Guide

To become one of B&P Property Group’s accredited broker or sellers, follow these steps:

• Submit a filled-in Broker/Agent Accreditation Form online HERE

• You will need the following:

· Photocopy of PRC License, if broker

· Photocopy of BIR Certification

· Two (2) 2×2 ID Photos

• A B&P Property Group Sales Officer will contact you as soon as your application for accreditation has been reviewed.

• You need to undergo the Training for Professional Sellers (Product Knowledge Seminar) and site orientation