Condo investment is very profitable, but for those of you who have never plunged in the world of property investment, you need to know the profit and loss of condominium investment. Do not let your regret in the future because of immature considerations. By visiting our website, you can see botanik residence showflat more clearly.
Condo investment is often the subject of warm conversation among activist property investment because it promises big profits. No wonder why many property investors are eyeing condo investments. That’s because various factors are beneficial as follows.
– No Need to Fuss with Home Improvement and Renovation
With regard to the exterior of the condominium, the owners or investors need no hassles. Because all the responsibilities and necessary repairs such as replacing the board, ceiling installation or roof of the condominium unit is the responsibility of the association of the condominium. In addition, outside maintenance of condominium buildings such as hygiene, the order of parking spaces, even the beauty of the park will also be taken care of by the condominium association. Your responsibility as an investor is to perfect the interior of your condo unit.
– Operational Income / Cash Flow
If you as a condominium investor do not sell your room unit, you could have the opportunity to benefit from the rental of your unit. By leasing condominium units, you will get cash flow every month. Calculate has a count, cash flow that you can get as a condominium investor has an average amount that exceeds the deposit interest rate. If you’ve heard of a condotel that is, condominium hotel, this investment is also very profitable because of the condominium facilities more luxurious like a hotel. The profits will be doubled.
– Increase in Unit Price Along with Inflation
As we all know that inflation keeps property prices going up every year. Therefore, the value or unit price of your condominium will also follow the increase. If you are interested to sell it, of course, you will get a capital gain than doubled from the purchase price of the condominium. However, it is advisable for you condo unit owners to lease it as a strategy to get a very promising cash flow.