One of the biggest checks to the long bucket list of any OFW is to be able to buy their very own house and lot using their hard-earned savings from working abroad for a long time. Being a first-time buyer of a house and lot in the Philippines can be difficult and challenging, especially when you are looking for a place your family can live in for many years to come. Just as well, the question of whether or not the house and lot will become a good investment in the future tends to be in anyone’s mind, especially when searching for A good real estate.
Investing in real estate in the Philippines may sound scary especially if you are putting in your entire life’s savings towards your dream home. But fear not – because everyone has to start somewhere when it comes to buying a property. Vista land International is here to help! In this blog one can find reasons to start investing in a dream home in the Philippines.
Just like in any economy, real estate in the Philippines moves in cycles. This year could be a good year to invest while the next may not. But, one thing is for sure – real estate in any economy will consistently appreciate over time. This means that the value of your property will increase over time as different cities and townships develop and become more accessible through different modes of transportation. Townships that years ago were once flatlands have now become city hubs with schools, shopping malls, subdivisions, and hospitals. Early real estate buyers who purchased land in these townships before they were fully developed are now reaping the benefits of living in a high-value subdivision. Also as compared to high-rise condominiums, landed properties appreciate better in the long run, making it the better investment option.
Pride of Ownership
Having your own house and lot under your name is always something to be proud of. Not only does owning a real estate help increase your bank credit, but it gives you pride in knowing that a piece of land is truly yours by law. Having your own house and lot gives you the liberty to design it creatively according to your taste, and to renovate things without having to worry about what your landlord will think. At the same time, owning a real estate allows you to pass this on to your children, securing them a great place to live in the future.