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

Would you envisage buying a condo unit as a long-term investment in the property? What would you expect to mature before listing your property for sale?  No matter what situation you might be in, consider converting your newly purchased condo unit into a rental property. It can be a profitable company that will take advantage of your idle property to cover the overhead.

It's obvious that wealth is booming. With the rise in IT-BPO companies in the country and the development in the Philippines Offshore Gaming Operators (POGO) industry, the country is experiencing an increase in property demand, both for office space and residential space. The demand is further driven by the current administration's Build, Build, Build (BBB) program which consists of 75 nationwide flagship infrastructures. As of Q3 2018, the national residential property price index rose by 4.4 percent, with residential property prices increasing by 6.8 percent in the National Capital Region.

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

infographic by: propertyaccess.ph

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