Why You Should Invest in a Condo in Your 20s
When it comes to real estate investment, a lot of people think that this is something that only the rich and famous can afford. However, this is not true anymore, especially if you are living in the Philippines. In fact, investing in a condo is one of the best options that you have, especially if you are a young professional in your 20s.
Anchor Land’s 202 Peaklane, a condominium development for sale in Davao City, is an opportunity you may want to grab.
That being said, here are the top three reasons you should invest in a condo while in your 20s:
- Affordability (as opposed to a house and lot)
- Comfort, Security, and Convenience
- Investing Experience and Value for Money
Affordability (as opposed to a house and lot)
The cost of a condo is a lot cheaper than the cost of a house and lot. In fact, you can get a condo unit for as low as 10% of the price of a house and lot in the same area. This makes it a more affordable option, especially if you are just starting out in your career.
Once you already have a portion set for your life savings and have the financial freedom to start investing, a luxury condo is a smart option to consider. Not only do you now own a condo that you can readily use for yourself, but you can also choose to have it rented for passive income. Rentvestment, a term that refers to the strategy of buying property to rent it out, is a great way for young professionals to get into the real estate market without breaking the bank.
This allows you to get ROI from your condo purchase, which may take a good while, but your condo becomes an investment that also grows in value as you continue to shape your career path and build your savings. Condo properties in the Philippines are worthwhile investment, because of the country’s recovering real estate market.
Comfort, Security, and Convenience
Living in a condo gives you the advantage of being close to all the conveniences that you need. Most condo buildings are designed with security in mind, so you can feel safe and secure within your own home. You also have easy access to transportation, shopping malls, hospitals, schools, and other establishments that are important to you.
This convenience can be a life-saver, especially if you are always on the go. You no longer have to spend hours of your time travelling or looking for parking. Everything is just within reach.
If you intend to use a condo for your daily living, then having an excellent location is an advantage that makes your life so much easier, as opposed to wasting hours in traffic. A luxury condo, for instance, will have everything that you will need to access a productive life, so you won’t even have to leave the building. This is on top of having a prime address, so the quality of life will be immediately one you get to experience upon moving.
Being in your 20s, this level of comfort, security, and convenience can help remove a lot of possible stress triggers for young professionals, as it allows you to focus on your career while taking care of yourself and living with passion for life. With a condo that gives you less reasons to worry about anything, you get a key to a life of harmony.
Investing Experience and Value for Money
One of the best things about investing in a condo is that you get to experience it firsthand. You get to see how the market behaves, learn about the different ways to make money off real estate, and grow your network with people who are also into this type of investment.
You can also expect that condos will always hold their value better than houses. This is because condos are in high demand, and there is always a need for them, especially in the Philippines where the population is growing rapidly.
Investing in a condo at a young age can be very beneficial for your future career prospects. You will have more opportunities to grow your network, as well as learn about real estate, which is a very lucrative industry. You can also use the condo as a place to stay when you come back to the Philippines for a visit, or even rent it out to other people when you are not using it.
202 Peaklane is Your Luxury Condo in Davao City
202 Peaklane is Anchor Land’s pioneering residential property outside of Metro Manila. A two-tower residential condo for sale in Davao City, 202 Peaklane will have modernized and fully furnished units offering an elevated lifestyle south of the nation’s capital.
As an investment property, you can’t go wrong with 202 Peaklane. With its strategic location, top-notch amenities, and excellent value for money, Anchor Land offers you the perfect for young professionals who are looking to invest in a luxury condo in Davao City.
Interested to live a life and start thriving? Send us a message today.
For more information on 202 Peak Lane, email info@anchorland.com.ph, follow https://www.facebook.com/AnchorLandOfficial/ on Facebook, or call our Head Office via +63289887999 or Sales through +63289887999.
