Why are ready-for-occupancy condos valuable investments?
What are ready-for-occupancy (RFO) condominium units and what value do they give investors?
Hedge against inflation
In times of uncertainty and increasing inflation, real estate assets stand out as ideal investments.
Properties have intrinsic value, and their prices rise with, or sometimes outpace, inflation rate. These are also good sources of passive income especially for those located in growth centers and key areas where development is inevitable.
According to Colliers’ 2022 outlook report, the Philippine property market is on a rebound this year despite the lingering pandemic. Increased buyer confidence is seen driving demand for residential units, which will spur the recovery of prices and rents.
Immediate returns, benefits
There are tens of thousands of condo units across the country. However, those who aspire for immediate returns and benefits can rely on RFO units. Why?
Turnover time for RFO units is significantly faster than pre-selling units. There are fewer delays, and investors can check the property’s condition before buying. In many cases, buying an RFO unit also means moving into an established community.
Location is important. Projects located in highly urbanized areas are generally considered more valuable.
Whether it will be used as a primary home or will be leased out to generate income, an RFO condo unit from Camella offers assurances of long-term value appreciation—well-built, near establishments, and have choice amenities.
For RFO units in high-volume tourist areas like Puerto Princesa, the rents may even cover monthly amortization—making RFOs an investment that pays for itself.
Premiums with Camella’s ‘Easy Move-In’ deal
This month, the country’s most trusted homebuilder makes it easier for investors and prospective unit owners to own an RFO studio unit in Camella.
With Camella’s Easy Move-In package, buyers can settle in their own Camella vertical home for as light as 10 percent of the total contract price. Camella makes paying for its RFO studio units more flexible.
Grab this limited-time opportunity to secure your RFO studio unit in Camella Manors Northpoint-Davao, Camella Manors Verdant-Palawan, or Camella Manors Bacolod, to enjoy premiums instantly.
For 45 years, Camella remained the Philippines’ top homebuilder, offering resort-themed vertical villages in seven growth centers including Caloocan, Lipa, San Jose Del Monte, Puerto Princesa, Bacolod, Butuan, and Davao City.