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Friday, August 12, 2011

CONDO, H&L INVESTMENT Opportunities in the Philippines


 By Evelyn L Aguinaldo / Author / Investor / Cyber Real Estate Property Seller

When looking for a real estate property, the like of H&L or CONDO unit to live-in or as a passive income generator while still abroad, one has to check if the Project offered has a Certificate of Registration and License to Sell. You or your representative should visit the subdivision / condominium, where the house and lot or condo unit to be purchased is located to know its natural topography, viz: susceptibility to landslide, flooding, erosion, etc. Ask about anything that is relevant to the project, materials used, construction time-frame, etc

 

Select only those developers with a proven tract record for reliability, providing excellent workmanship and to ensure that the building code of the Philippines is met. Building contractors are suitably pre-qualified with experience personnel employed to work on the project and that appropriate construction procedures and material used has a test intervals for adoptability in order to safeguard the interest of buyers. It is therefore important that no assumptions is made, it should be verified first.


One of the best rules in the real estate game is to choose the right place for your investment. If you are into buying residential properties, Metro Manila and near-by progressive Cities & Provinces is probably the best place in the Philippines today for profitability.


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