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Are Condotels Good Investments?

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Fora Tagaytay by Filinvest Land

Fora Tagaytay by Filinvest Land

Condotels are now a popular investment opportunity in the Philippines. A condotel is a condominium that is operated as a hotel with a reception or registration desk, room services, housekeeping services, and other hotel-like services. When you purchase a condotel, you are an individual owner but your unit will be managed by Hotel/Property Manager. Unit owners have the privilege to place their units in the hotel’s rental program where they are to be rented out like any other hotel room.

As a passive income investment, there are many benefits of owning a condotel. You will be entitled to shares in the rental pool on a regular basis. Even if your unit is not leased or used, you will still earn an income as long as your unit is at the rental pool. Your property will also benefit from capital appreciation so if you intend to sell after few years, you will have capital gains. Ownership to most condotels are perpetual or for a lifetime as units come with freehold title deeds. Make sure you check this with your property sales agent before buying one.

Condotels are very popular in major cities and tourists destinations in the Philippines like Manila, Tagaytay, Davao, and Cebu.

Here is a video clip that presents the advantages and disadvantages of owning a condotel.

Are Condotels Good Investments?

Are you planning to invest in Condotel

Owning a condotel will surely brings you more benefits that having no investment at all. If you really want to have a comfortable retirement, having a passive and continuous income, that is even if you don’t go to work, you will still have money coming into your pocket or bank account. It is a tangible asset that you can actually see as a fruit of your hard work. This is for your own benefit and it can be passed on to your family as inheritance.

At Filinvest, we have the condotel projects:
1. Fora Tagaytay, Rotonda, Tagaytay

Now Selling! Fora Tagaytay, Rotonda, TAgaytay

Now Selling! Fora Tagaytay, Rotonda, TAgaytay

2. Grand Cenia, Cebu City
Grand Cenia Cebu by Filinvest

Grand Cenia Cebu by Filinvest

3. The Leaf at Timberland Heights

The Leaf at Timberland Heights

The Leaf at Timberland Heights

Inquire Now! Register Your Interest

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IMPORTANT DISCLAIMER: For announcement purposes only. In pursuit of its development objectives, the Developer reserves the right to incorporate changes in the actual implementation plan and in the detailed design of private and public facilities and improvements without the need of notice and republication. All details are subject to change without prior notice and do not form part of an offer or contract.
Credits: filinvest.com.ph

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