Apart from buying ready-for-occupancy (RFO) properties, buying pre-selling properties is another popular choice when it comes to acquisition. These properties are off-the-plan which means the property is not constructed yet. Buyers sign a purchase contract but can only view the designs and building plans. While there are no physical properties that buyers can inspect, buying a pre-selling condo, lot, townhouse or office space has several benefits.
First, pre-selling properties are typically cheaper. The units are sold at markdown prices, with between 30 and 50% discount from the actual prices of the finished units. Payment schemes are more flexible as well including in-house financing, waived reservation fee, waived downpayment, longer downpayment period, etc.
Second, buying pre-selling a condo unit, lot or townhouse allows a buyer to choose the best unit possible. It would be much better if you are a repeat buyer because you are a priority. Some developers invite current homeowners to check the property being pre-sold before offering it to the public. It’s a privilege having the opportunity to choose the ideal unit on the perfect floor and location.
Third, a property bought during pre-selling is an excellent investment. Investment if you are not going to live in the property or use it. It can be a steady source of income especially when it is situated in a location attractive to renters. In this way, you would recuperate your investment faster. Other than that, it’s real estate value can only go higher.
When buying a pre-selling property, however, make sure that you are dealing with a trusted developer such as Alveo Land. Choose a developer that has a proven track record of delivering quality pre-sold properties. Buy only from a reputable developer!
Every Alveo Land development — vibrant neighborhoods, groundbreaking living solutions, masterplanned communities — nurtures individuals and hard-earned investments with a singular vision: giving you a place for living well.
ALVEO Corporate Center
728 28th Street, Bonifacio Global City
1634 Taguig City, Metro Manila, Philippines
Customer Hotline: (+632) 848 5100
For Residential Leasing inquiries, you may get in touch with the Leasing and Investor Services team through:
(+63) 917 659 8158 or (+632) 798 6760
For career opportunities,
you may apply at www.joinalveo.com
or call (+632) 798 8555