7 Advantages of Investing In Real Estate During The Pandemic
2020 Sep 23 | by Apple Barretto
What are some of the advantages of investing in real estate during the pandemic?
- Stable market value
- Long-term passive income
- Interest rates are lowered
- Discounted prices
- Flexible payment schemes
- Post-pandemic price hike
- More time for research
There’s no doubt that COVID-19 has caused an impact on people’s finances across the world. Yet surprisingly, there are a few who recognizes this opportunity to invest in real estate and seeking to purchase properties right now. With that being said, you might be wondering about the advantages of investing in real estate during the pandemic.
During these uncertain times, it’s understandable for people to be hesitant about jumping into the real estate market. However, the current crisis also offers several attractive opportunities for investors. Read on to see why this could be one of the smartest investment decisions you can make.
Stable Market Value
Whether it’s land, a condominium, or housing development units, properties are considered tangible assets that have high intrinsic values.
Other investments are prone to risks because volatile market trends are inevitable. For example, if you happen to have invested in stocks or bonds, that can easily suffer from fluctuations. In the same way, if you have a car, it will depreciate over time.
The value of properties will remain constant. When market conditions swing, its demand will be stable. This fact applies even during the pandemic. History has long proven that investing in properties give you a sense of security.
Long-Term Passive Income
While there are numerous investment options out there, it may take years to generate significant income returns. If you invest in properties, you can easily gain long-term passive income.
The shelter is considered a basic human need which is why the demand for properties will continue to rise. If you want to gain income, simply buy a property, post it, and welcome tenants. At the end of every month, you’ll receive a stable amount of money.
The pandemic has proven that even if you have a decent amount of savings, you are still vulnerable to having financial problems in the future. Such an unforeseen factor has easily affected everyone’s bank account. Investing in properties can mitigate the impact of future financial crises.
Interest Rates Are Lowered
In an attempt to counter the ongoing economic recession, markets are shifting and central banks are lowering down interest rates. This is greatly beneficial for investors.
Interest rates impact the cost of borrowing money. Simply put, the lower the interest rates, the cheaper the cost of loans.
With that ease of borrowing, investors are provided with more budget flexibility. This means this is the perfect time to get a property loan. You can easily purchase that dream home you’ve always wanted.
Discounted Prices
The pandemic has resulted in people struggling with their budgets. In order to lure buyers, property developers are selling properties for discounted prices.
Now more than ever is the time to negotiate with your property agent. If you want to invest in a world-class residential community like Pueblo de Oro, you might just be offered low costing deals.
Whether it’s a pre-selling unit, a house and lot, or a ready for occupancy property, you are in the position to come up with points for making the purchase match your budget.
Flexible Payment Schemes
To further attract buyers, property developers are introducing flexible payment schemes. Even those properties that offer premium amenities and location benefits are offering free cancellations, cashback offers, and lower reservation fees.
If you invest in Pueblo de Oro projects, we offer you flexible terms of payment through Pag-Ibig and Bank Financing. For as low as 10% equity of the selling price and miscellaneous fees payable up to 36 monthly installments, you too can own a quality home in a community that is perfect for you or your growing family.
Post-Pandemic Price Hike
The construction sector took a major hit when the government announced a quarantine lockdown. Given the temporary pause in operations, we can expect that little to no projects will be available on the market for some time.
After the pandemic, the demand for property will certainly outweigh supply. This will result in increased property prices. If you invest right now, you will save yourself from having to pay more for the same property.
More Time For Research
With the quarantine mandate in place, you can make use of your free time to research on all kinds of properties. Compare their features and amenities and ask your property agent about which one will fit your lifestyle the most.
Once you become more knowledgeable about the different properties, you can make the best purchasing decision.
Key Takeaway
In the current crisis, these are the silver linings for investors and we’ve stated the advantages of investing in real estate such as a house and lot or condominium during a pandemic.
COVID-19 proved that being thoughtful above finances should be a top priority for everyone. Properties offer an unmatched solution for financial stability and security.
If you’re seeking to invest in quality properties and communities, choose Pueblo de Oro. We guarantee that you will get the most out of your investment. Click here to inquire about our properties today!