Google Search
syndicate
We have 87 guests online
Home 
News Real Estate Property investment opportunity in Philippines Manila
News Real Estate Property investment opportunity in Philippines Manila
| Property investment opportunity in Philippines Manila |
| Sunday, 13 January 2008 10:43 | ||||||
|
In the 2nd quarter of 2007 the Filipino GDP growth rate hit 7.5%, making it Southeast Asia’s fastest-growing economy and has attracted comparisons with India’s economy in light of its rapidly escalating growth. This ‘best of breed’ real estate promises higher than average yields (circa 12%) and with off-plan prices in the district having grown by 40% over the past 2 years, its evident financial rewards are undeniable. Foreign investors can own these apartments on a freehold basis too, though leasing to an in-house management company is optional and offers an expected rental yield of around 8%-12%. This highly rewarding investment opportunity certainly proves itself as one not to be missed and with the availability of interest-free credit allowing buyers to reduce their initial outlay and to spread their payments, theses apartments surely won’t be around for too long.
Set as favorite
Bookmark
Email This
Hits: 720 Trackback(0)
Comments (0)
 Write comment
|
TrackBack URI for this entry
Subscribe to this comment's feed
| Related Articles | |
