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| One Madison Place, a 3-tower cluster condominium set to be completed this year in Iloilo Business Park |
Are you planning to buy your own condo in the future? If construction boom is happening within your city these days like Iloilo City, chances are condominium lifestyle is a trend that will soon become a prominent and relevant. But owning a condominium isn’t all about luxury and freedom, there are wise ways on how you can own one that gives you great advantage worth considering – between pre-selling and resale.
Investing in a pre-selling unit offers many advantages that a resale condo isn’t able to provide. The following is a collection of key reasons many are keen on investing in pre-selling condominium.
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| Saint Honore, Iloilo Business Park’s fourth condo tower that features Parisian-inspired architecture |
You get the final say
Pre-selling condos provide the option for investors to add their own input in the design plans and control over certain elements. With the ability to choose the appliances, finishing, cabinets, and flooring ahead of time, you can make sure you are investing in a condo that best fits the needs of the tenants you are trying to attract. By staying on top of these trends, you have the opportunity to make your condo investment as attractive as possible.
Get the best price early
Condos everywhere will naturally appreciate over time. The best opportunity to unlock the best appreciation potential is by taking advantage of early launch prices. Additionally, developers will throw in other incentive offers that would easily attract buyers to invest and own a unit. By investing early, investors are able to get the best possible value from the unit.
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| French and Spanish-inspired Lafayette Park Square is the second residential tower launched in Iloilo Business Park |
There’s more time to save
Investing in pre-selling condominium allows buyers and clients to save money and time since payment is based on monthly amortization. It should not be directly full payment which gives them the chance to manage the financial responsibility light and easy. This offers investors more time and flexibility to make payments.
Own a brand new property
The moment the condo development is finished, you technically own the newest condo in the city. You are the owner of a trendy, modern and brand new property. Tenants will naturally be drawn to the modern amenities, attractions, and more that come with a new condo building. Additionally, you don’t have to worry about any issues potentially left over by previous tenant since this is a brand new condominium tower.
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| Actual interior condo model units at Iloilo Business Park Showroom that showcases the upscale lifestyle |
Lower maintenance fees
When you invest in an older resale condo, you are investing in an older unit. Older units tend to feature equipment and amenities that haven’t received some of the innovation and polish that new models have. New units come fully equipped with the latest pipes, electrical, paint that requires less maintenance. Also, newer properties tend to invest in modern “green” technologies that usually result in lower utility bills as well.
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| The Palladium is Iloilo Business Park’s tallest residential tower with 22 floors and four multi-level sky gardens |
Condominium Investment at Iloilo Business Park
Condominium lifestyle is a promising trend in Iloilo City these past years because of its steadfast economic and investment rise. As developments prominently occur in this rising metropolis, the concept of lifestyle trend elevates as well. Thus, condominium lifestyle is a way to go for modern metropolises like Iloilo City.
Let’s take a look at the 72-hectare Iloilo Business Park in Mandurriao Distrct, a premiere lifestyle township developed by real estate giant Megaworld that establishes its biggest project in Western Visayas. Here, condominium lifestyle is swiftly becoming an attractive investment trend. Iloilo Business Park presently has four residential condominium towers that exude unique themes namely One Madison Place, Lafayette Park Square, The Palladium and Saint Honore. These condominiums were launched as residential towers with different turnover dates, where buyers and clients can own their units before their respective construction period. But they are assured that these towering lifestyle communities are ideally complete and would put their investment at the right place. Each residential tower offers captivating amenities that interweaves with the convenience of living in a highly-integrated business township, where shopping mall, dining-commercial areas, BPO district and eco-friendly ambiance collectively defines a brand new elevated lifestyle.
Investing for a pre-selling condominium in Iloilo Business Park gives you the advantage of saving time, money, establishes inspiring anticipation, maximizes your investment and gives you the privilege to enjoy new amenities in the future that’s worth considering.
For lifestyle details and more, contact +63 915 564 5324. Learn about the lifestyle online at iloilocondominiums.com
