If you are dreaming of buying your own house and lot someday and you’re thinking of when are you going to make it, the answer is not next year, not next month, not tomorrow but NOW. As the real estate industry continues to boom, more perquisites are being offered that will make homeownership very much easy for you.
So before you take into the excitement of homeownership, here are some of the major reasons why now is the best time to invest your money on a good property like Camella:
1. The real estate industry continues to boom overtime.
If there is an investment that surely grows its value overtime and that cannot be stolen away from you, it is definitely owning a house and lot property. Unlike those latest gadgets or fashionable shoes and bags which value fades after a while, a property increases its price as it matures. Aside from that, there are also a variety of good properties in which you can choose from today.
Like Camella, for a very reasonable price you can get to have a quality and durable house located in areas near important establishments like malls, market, churches, school, etc. Also, every Camella community has complete amenities starting from guarded entrance, playgrounds, garden, basketball court, and clubhouse with swimming pool.
2. Rental rates are rising.
There is a good and a bad side for this. If you’re a renter, you have to allot a big portion of your budget to your monthly rent realizing that at the end of the day, you’ll just end up spending a lot for a property you can’t even call yours.
On the other hand, if you are a good investor and you have your properties being rented out, this can benefit you a lot because it becomes your recurring income. Aside from that, rental rates continue to increase overtime. In fact, according to Housingwire, 88% of the landlords have already raised their rental rates in the last 12 months (and is predicted to rise again this year!) due to low supply but high demand of rental units. Due to the huge backlog in housing, a great demand for house and lot is created. So if you are going to invest now in a property, make sure that you can sell it or rented it out on a higher price in the near future. Diving into real estate can be considered not just a good investment but as a good business too.
3. Interest rates are low.
Because of low interest rates being offered by different banks and other financing institutions, homeownership is made much more affordable through its housing loans or flexible financing offers. Also, real estate developers like Camella offer lower monthly down payment and flexible financing schemes. These offers help more families to avail their own homes and step up their living.
4. Huge backlog in housing.
According to Philstar, there is a significant number of backlogs in the Philippine housing industry that creates a huge demand among over 100 million Filipino people. These people don’t have a place they can call their own that’s why most of them just resort to renting a home. With this dilemma at hand, the Philippine real estate sector plays an important role in expanding and strengthening the presence of housing in the country. Camella, a reliable housing developer in the Philippines, is one of the top players in this game. By offering quality, value-for-money homes, everyone is given the opportunity to acquire their own property. Nevertheless, to reach more Filipinos who dream of owning their own home someday, Camella continues to expand nationwide with presence in 35 provinces, and in more than 100 cities and municipalities housing more than 300,000 families.
So what are you waiting for? Now is the best time to invest your hard-earned money on things that grow value overtime. So start your first move now and strike the iron while it’s hot!
Want to know which Camella projects are around you? Check out our property page for house and lot and condo for sale in the Philippines.