Primavera Provides FREE 3-month Learning Program with Real Estate Expert

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Learn from the expert. Advance in the real estate industry. Grow your career.

Do you have what it takes to be an effective sales professional? This is your time to break through into the real estate industry. Whether you’re looking for a full-time work or a part-time job to supplement your income, this could be the opportunity you’ve been waiting for. Sign up now for a FREE 3-month learning program with the leading expert in real estate selling, Mr. Jun Garing.

Jun Garing is a prominent sales trainer and motivator who has trained more than 100,000 salespeople for the past 30 years. He installed corporate systems of selling to over top 1000 corporations nationwide. Recognized as one the Outstanding Salesmen in the 1976 and 1977 and from then on, he has received numerous awards and citations from various sales and marketing associations in the country and nearby Asian regions. He is also the first Filipino certified trainer of Motorola University on Sales Training in 1995 and authored the first book on selling: The Filipino Art of Breakthrough Selling.

Primavera Residences is looking for a roster of future sales professionals to join our growing list of highly-qualified real estate sales partners.

The country’s premier sustainable real estate developer will provide the following:

  • A FREE training program with industry expert Mr. Jun Garing
  • Real-world, hands-on training on condominium-selling with guided coaching and assistance from established Cagayan de Oro realty firms
  • Guaranteed sponsorship of real estate agents’ licensing for top-performing participants

Starting this December to March 2015, registrants will be invited to a weekly learning session at 2/F Primavera Residences, Pueblo de Oro Business Park, Cagayan de Oro City. First batches of orientation are scheduled on the following Saturdays of December 2014 and January 2015: December 27, January 3, January 10, January 17, January 24 and January 31. Orientation is at 9am to 12 noon at 2/F Primavera Residences.

Registrants will learn how to break through into the growing real estate industry by learning advanced selling techniques from the expert FREE of charge.

What are you waiting for? The booming real estate industry in Cagayan de Oro needs you now.

Sign up and be counted. Registration may be done through the following, via Facebook at www.facebook.com/CondoPrimavera, through emailing sales@italpinas.com or by calling 088-880-5002 and 0917-794-2221 (look for Gladys or Tin).

You may also sign up online at: bit.ly/1D7KmIP

 

Primavera Conducts Clean Up Drive for National Volunteer Month

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The culture of volunteerism is a proud legacy of the Filipinos as citizens and as a nation. Service is our way of life, as the practice of ‘bayanihan’ or mutual cooperation has long been instilled in our consciousness. It has played an important role in helping the nation with the recent crises and disasters. Undoubtedly, volunteers have enabled the country to rise above challenges and move forward.

Volunteerism has become instrumental in improving the lives of the deprived and underprivileged. Thankfully, there are volunteers who willingly devote their time and effort to others and serve as essential partners of the nation in the quest of social change.

The National Volunteer Month (NVM) is celebrated every December to pay tribute to the commitment and dedication of volunteers, regardless of class, age, gender, expertise, and interest, who are united by a common goal of achieving equality, peace, and development.

Through NVM, the country recognizes the volunteers’ significance in nation-building. It honors the heroes who work without regard for material reward and find fulfillment in witnessing the change in the lives of people and communities they have touched.

Volunteering for the Environment

This year’s theme puts emphasis in the environment and highlights the volunteers who have poured efforts in taking care of nature in support of the Millennium Development Goals (MDG) on environmental sustainability.

In celebration of this year’s National Volunteer Month, everyone is urged to be part of the campaign to protect, preserve, and sustain the environment through participating in national and local policy development and promotion, and supporting environmental campaigns.

“In line with National Volunteer Month and also to support our advocacy being the premier environment-friendly building in Cagayan de Oro, this coming December 13, Saturday, 7 o’clock in the morning, Italpinas Euroasian Design and Eco-development Corp (ITPI) personnel together with Primavera Residences unit owners and tenants are enjoined to participate in a clean-up drive of Trade Street and surrounding areas within the Pueblo de Oro Business Park,” Jane Montebon-Duterte, PR & Marketing Manager, shared.

 “I am a volunteer for the environment”

This coming Saturday, December 13, Primavera Residences invites you to take part in promoting a clean and green community.

“We are continuously experiencing typhoons that are directly resulting from climate change and environmental degradation. The only way to protect the environment and move forward is to get everyone involved. Who are we to neglect and abandon the environment? We owe our lives to nature, who are we not to give back?” Cesar Stefan Rago, PR & Marketing Coordinator, said.

Primavera Residences, which garnered several local and international recognitions for its commitment to green architecture and design, is known for its passive energy-saving features such as cantilevers that protect the units from direct sunlight and an indoor courtyard that maximizes the natural ventilation in the area. The building is also designed to withstand earthquakes and extreme weather conditions.

“As a sustainable developer, Italpinas invites everyone to come and take part as we celebrate National Volunteer Month. Stand up and make a positive impact to our environment. Together, we can be catalysts for a better community. With commitment, we can make a difference.” Rago said.

Sustainable developer ITPI, has invested in alternative locations where nature and the environment has been thoroughly preserved and optimized. Primavera Residences, located in a master planned community in uptown Cagayan de Oro, was built in 2009 and has been effectively on the lead in promoting green advocacies in Cagayan de Oro.

A Round Up of November News and Events at Primavera

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As we approach the final month of 2014, Primavera Residences is proud to offer more good news, promos, events and opportunities not only for Kagay-anons, but for Filipinos and investors all over the world. This month of November has not only paved ways to pursue our advocacies but also presented opportunities and awards that cemented Italpinas’ lead in pioneering sustainable development in Northern Mindanao.

Here is a look at the news and events last November.

  1. Italpinas President is finalist in this year’s Asia CEO Awards

The prestigious Asia CEO Awards has presented the shortlist of finalists for the 2014 awards and Italpinas’ president Atty. Jojo Leviste is one of the finalists of Asia CEO Awards’ SPi Global Young Leader of the Year category.

With the theme “Emerging Asia”, business leaders from several industries in the Philippines were carefully selected, highlighting the country’s shining examples of good leadership. The awards recognize extraordinary leaders who have demonstrated outstanding achievement for their organizations and contributions to others.

The pre-event was well-covered by the media with stories appearing in the following publications and online news sites:

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  1. Follow-up to Halloween Events

After the annual Halloween celebrations, Primavera Residences announced the winners after the Halloween-themed activity, an online pet costume contest in partnership with the city’s premier pet store, PetPerk Grooming Services, and wrote articles about Halloween Events in CdO.

Below are some photos and media mentions of these activities.

SunStar Cagayan de Oro:

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  1. Construction update

As of November 5, 2014, Primavera Residences Tower 2 continues its steady rise. Currently, the second tower of the country’s premier eco-friendly building is already approaching 77% completion.

Ongoing plastering works are being done in the interior of the 3rd to 5th floors while masonry works are now being accomplished at the 6th to 9th floors.

Below are some photos and media mentions of this update.

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  1. Early Christmas Promo

As an early Christmas treat to condo buyers, Primavera continues its October Fever promo offering up to Php 100,000 worth of freebies. In a regular package, buyers get unfurnished units with inclusions of tile floorings, painted walls and ceilings, fitted kitchen sinks, bathroom fixtures, electrical wirings and outlets; however, the October Fever promo gives buyers a chance to earn savings of up to P100k with a FREE set of Kitchen Modular Cabinet and its installation.

The Early Christmas promo was also featured in several news sites and publications including the following:

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  1. PagBAG-o Project

Primavera Residences, the first eco-friendly building in Cagayan de Oro, fully backs this project by promoting the city’s campaign to a clean and green environment.

As a sustainable developer, Italpinas considers it not only a social responsibility, but a huge honor on our part to be able to support a very worthwhile project. The PagBAG-o project not only helps the environment but also provides assistance to the communities that need it most. This has always been the advocacy of Italpinas, and through supporting this project, we hope that more and more people will take part in generating ideas that could help promote sustainability while also addressing livelihood requirements of communities.

The pre-event was well-covered by the media with stories appearing in the following publications and online news sites:

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  1. CDO Developer represents Ph in Russian Wealth Summit in Singapore

Industry experts in wealth management, banking, fund management, trust services, real estate, gold and diamond trading as well as arts and wine investors from all over Asia, Russia and CIS countries gathered in an International 2-day Summit in Marina Bay Sands Convention Center, Singapore on 18th and 19th November.

Representing the Philippines is Arch. Romolo Nati, the chairman and CEO of Italpinas Euroasian Design and Eco-development Corporation (ITPI) who has been invited to the summit as a resource speaker and part of the panel discussion on areas for investing in Asia.

This story also appeared in the following news:

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  1. Seminar by Real Estate Sales Guru Mr. Jun Garing

Last November 28-29, 8:30 a.m.-5:30 p.m., Primavera Residences invited guests to a two-day High Impact Seminar and Workshop by the renowned master of real estate sales training, Mr. Jun Garing.

Jun Garing, an author, sales trainer and motivator, has trained over 100,000 salespeople from 1,000 top corporations for the past 30 years. He has been recognized as one of the Outstanding Salesmen in 1976 and 1977. He is also a recipient of numerous awards and citations from various sales and marketing associations in the Philippines and nearby Asian regions.

The pre-event  appeared in the following publications and online news sites:

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          8. XUHS Batch ’74 conducts successful Chess Tournament at Primavera

Last November 22, as part of their month-long celebration of their Ruby year, XUHS Batch ’74 held their favorite sport back then, Chess, at Primavera Residences.

Below are the photos of the said activity:

Batch '74 getting started with their chess tournament.
Batch ’74 getting started with their chess tournament.

 

Batch '74 Chess enthusiasts.
Batch ’74 Chess enthusiasts.

 

9. BizNews Asia cited Italpinas Chairman as one of the Top 24 CEOs in Ph

BizNews Asia, the country’s largest weekly business and news magazine, celebrates its 13th anniversary by honoring 24 of the Philippines’ leading CEOs and business tycoons at InterContinental Manila last November 25, 2014.

Also previously listed to be one of the Most Influential People in the Philippines by BizNews Asia, Italpinas Chairman, Dr. Jose “Joey” P. Leviste, Jr, is now cited as one of the 24 leading CEOs in the country.

This story is featured in the national papers:

  • Philippine Daily Inquirer:

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  • The Philippine Star:

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Follow Primavera Residences in Facebook or visit www.primaveraresidences.com to stay posted with news and events from the country’s premier eco-friendly property.

Primavera Holds Christmas Art Exhibit with Renowned Cagayan de Oro Artists

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SEASONS PAINTINGS at PRIMAVERA poster and invitation

Christmas is a season for merriment, feasts and giving. This December 9 to 27, 2014, Primavera offers the gift of art with an exhibit entitled “Season’s Paintings at Primavera.” Viewers will be treated to a feast for the eyes that also warms the heart and nourishes the soul.

The collection of small to medium sized works range from representational to nonrepresentational and rendered in styles from abstract cubism and expressionism to surrealism and realism. The artists use a variety of materials from the traditional, such as oil and acrylic, to wood and mixed media.

“Season’s Paintings at Primavera” features the following Cagayanon artists and other artists from other cities of Mindanao who have made Cagayan de Oro their home: Nick Aca, Renz Altubar, Archie Balcos, Richard Bolotaolo, Romy Cocos, Nonoy Estarte, Chris Gomez, Ivan Macarambon and Nonilo Ramoso.

To spread the Christmas cheer, two guests artists from other cities were invited: Esercazim Sanchez from Zamboanga City and Audie Estrellada from the island of Siquijor.

The exhibition is at the 2nd Floor, Primavera Residences Tower A, Pueblo Business Park, Upper Carmen, Cagayan de Oro.

Primavera Residences has previously featured the artworks of Mr. Nick Aca in a month-long exhibit on March this year. As an advocate of authentic Italian elegance and world-class design, Primavera seeks to promote local art through events that promote and showcase the works of Kagay-anon artists.

“Seasons’ Paintings at Primavera” will officially open on December 9, 2014 at 5 PM. The event is open to the public. For reservations and inquiries, visit facebook.com/condoprimavera or call 088-880-5002.

 

8 Ways to Live Green at Home

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Have you thought of buying decors that suit your home’s style? Or know ways to live green at home? Would you prefer owning expensive materials that perfectly fit your taste or owning something less expensive that somehow complement your simple homey feels? Nevertheless, there will always be a way, might be expensive or not, that will help our environment’s welfare.

Being eco-friendly won’t mean losing your sense of style. Smart choices can ensure that you do your part, all the while looking good about your contribution to our planet’s well-being. Here are some ways that can contribute to living green in your own space and be a better friend to the environment.

Buy for the long-term. Save toward a quality sofa, for instance, rather than a series of cheapies that you’ll be throwing out every five years. A well-made sofa can be recovered several times over the course of its decades-long life.

rattan-sofaPhoto source: www.interiortaste.com

 

Buy cotton mesh produce bags and take them to the market instead of using plastic bags for your fruits and veggies. It will help keep them fresh in your crisper drawer, too, and are washable when needed.

mesh_produce_bagsPhoto source: www.alternativeconsumer.com

 

Renovating. You may want to add character to your home with reclaimed and salvaged items. You can choose from re-plated chrome bath fixtures, re-enameled vintage bathtubs, reclaimed barn board flooring and salvaged architectural accents like columns, corbels and mantels.

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Photo source: reclaimed-wood-furniture.net

 

Switch to eco-friendly cleaning products. Look for products that are biodegradable, phosphate-free and not tested on animals.

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Photo source: www.packworld.com

 

Use reusable shopping bags when grocery shopping. Most grocery shops offer eco-bags to also promote eco-friendliness to its customers.

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Photo source: shop.ecology.com

 

Reduce your use of paper towels. Use re-useable, washable cloths whenever possible.

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Photo source: www.airporthotelduesseldorf.de

 

Plant a tree on your property. Or more, if you have space. Trees provide wildlife habitat and help cool the planet.

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Photo source: www.aero-stream.com

 

Put a rain barrel by your downspout to collect rainwater to use in your garden later.

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 Photo source: buildipedia.com

 

Want more eco-friendly tips from Cagayan de Oro’s first and only eco-friendly property? Click here.

For more information, visit www.primaveraresidences.com or www.facebook.com/condoprimavera. You can also call 088-880-5002. 

The Advantages of Condo Living

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Cagayan de Oro, being one of the most competitive cities in the country, has begun to embrace the urbane lifestyle in recent years. In keeping up with the growing market, real estate developers have introduced several high and mid-rise residential and commercial developments, further fuelling the fast growth of the city.

With the series of flooding and other natural calamities that had hit the country in recent years, families who have been traumatized from the experience have sparked a demand for residential developments in well-located areas (i.e., flood-free, located on higher grounds), thus making high-rise living or the so-called condominium lifestyle a much-sought after commodity.

Here are some advantages why you should consider living in a condo:

LIFESTYLE

Free time, who has enough? You can exactly achieve that in a condominium lifestyle. Condominium residents can spend their free time doing the things they love to do, especially in a building that offers common areas like swimming pools and recreation rooms. Most condominiums cater to specific groups such young professionals, families, expats and retirees. Moreover, it ensures you that your neighbors are like-minded individuals who, like yourself, have seen the benefits and convenience of a lock-and-leave condo lifestyle.

AMENITIES

Most condos offer building amenities such as swimming pools, fitness centers, party venues, rooftop terraces and more while you just enjoy there and not getting worried in maintaining it.

At Primavera Residences, the country’s premier eco-friendly development, offers recreation areas such as the green indoor courtyard, swimming pool, gym and a panoramic view of the city from its rooftop – which is, in fact, the highest peak in all of Cagayan de Oro.

CUSTOMIZATION

Owning a condo unit gives you complete control of what to do inside your space. Whether it be your choice of furniture, paint colors, or your decision to renovate the kitchen – all details are entirely up to you!

MAINTENANCE FEES

Condo owners are given freedom from maintenance that you may not have the time, desire, or ability to tackle yourself. Things like hallway cleaning, swimming pool and gym maintenance are all things your monthly association dues cover.

SECURITY

Many condos have stricter security than subdivisions and apartment buildings. In fact, some buildings offer 24/hour concierge service or on site security for the building, on top of secured entrances. This is ideal for those who travel or go on vacations for lengthy periods of time. You have the security in knowing your home is safe in your absence.

When it comes to condo lifestyle in Cagayan de Oro, Primavera Residences is the ideal choice for investors and home buyers. Primavera Residences is more than just your ordinary condominium building. Aside from its sophisticated, Italian-inspired design, it is also the first sustainable development in Cagayan de Oro.

The twin tower ten-storey green building is located in Uptown Cagayan de Oro, a prime spot situated 110 meters above sea level. It boasts of its 290 units for both towers, with all units at Tower 1 ready for occupancy.

You wouldn’t want to miss your chance of owning a condo unit with a nature-inspired design, would you?

For more information about Primavera Residences, please visit www.primaveraresidences.com or you may call (088) 880-5002 or +63 917 794 2221.

XUHS ’74 Conducts Successful Chess Tournament at Primavera

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On their ruby anniversary, XUHS batch 1974 started their activities with a Chess tournament at Primavera Residences.

“Chess was a popular sport back in our high school years. It was one of the most sought-after game before, during and after class hours,” Engr. Cesar Causin, Sports Coordinator, said.

Batch '74 Chess enthusiasts.
Batch ’74 Chess enthusiasts.

Annually, Xavier University is active in organizing reunions and this year, it is batch 1974’s turn in forming one.

“40 years of family and friendship, it is our privilege to organize this year’s alumni homecoming this November 29, 2014 at the Limketkai Atrium,” Causin shared.

Back to the years where rhythm and blues are famous, it will be relived as they continue to inspire young generations to treasure friendship they have created within the limits of Xavier University High School.

Day 1 at Primavera

To start their Ruby anniversary celebrations, XUHS bacth 1974 chose to kick off their activity at the multi-purpose hall of Primavera Residences.

Batch '74 getting started with their chess tournament.
Batch ’74 getting started with their chess tournament.

“One of our batch mates who proudly owns a condo unit at Primavera prepared for our chess tournament here,” Causin said.

Located at uptown Cagayan de Oro, Causin shared why they opt to consider Primavera to officially start their different sets of activities for this year’s XUHS Alumni Homecoming. “Most of our batch mates reside here in CdO’s uptown area, we’re glad that Primavera has this function hall that is serene and perfect for this kind of occasion. Aside that it’s accessible to restaurants and taxis, most of our batch mates are businessmen that would want an easier access to banks.”

Primavera Residences is the first multi-awarded green condominium building located in uptown Cagayan de Oro City. It’s a twin tower, 10-storey building which was recently awarded as the Best Mixed-Use Development in the Philippines in the 2014-2015 Asia Pacific Property Awards.

For more information about upcoming community events in Primavera Residences, visit http://primaveraresidences.italpinas.com or http://www.facebook.com/condoprimavera. You may also call 088-880-5002.

Join the #ManoPoInay Guessing Game Contest and Win Special Prizes!

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Mano PoPhoto source: junimpas.com

Since November is Filipino Values Month, we seek to promote greater consciousness of the values that are uniquely and positively Filipino.

Values are the roots of traditions that Filipinos find important in their day-to-day events. They are instilled early in life, are deeply rooted, and are resistant to change. They are developed from people’s direct experiences with others who are important to them, such as parents, teachers, friends, and classmates.

As Primavera Residences celebrates the month of Filipino values, we want to engage to the public how well you know the core values that we, as Filipinos, are proud of.

#ManoPoInay: Isa Akong Mabuting Filipino

Starting this Tuesday, November 18, we will be posting a photo that indicates one unique Filipino value.

Contest Mechanics:

  1. On the following dates: November 18 and 25 (Tuesday) and November 20 and 27 (Thursday) at 10AM of this month, a photo will be posted on our Facebook page, Primavera Residences. The photo will depict a known Filipino value.
  2. To join the contest, all you need to do is post your answers in the comment box.
  3. Every Wednesday and Friday at 5PM, we will close the contest for the week.
    *The photo will be hidden from the page timeline.
  4. Winners will be drawn every Friday among contestants who gave the correct answers.
  5. For each photo, 3 winners will be announced on Saturday November 22 and 29 . Prizes will be announced soon.

 

Join now and be proud that you are a Filipino.

–

Primavera Residences is a twin-tower 10-storey eco-friendly building located at uptown Cagayan de Oro. It recently won as the Best Mixed-Use Development for the Philippines in the Asia Pacific Property Awards.

For more information, visit www.primaveraresidences.com or call 088-880-5002.

Why You Should Consider Investing in Real Estate

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Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world. 

—Franklin D. Roosevelt

What does the future hold for the real estate market in the Philippines? Is it still valuable to invest in real estate despite all the projects that have been booming everywhere in the recent years?

Not all investments are created equal. It means money, effort and time. Before getting ready to pursue an investment, financial gurus as well as plain old common sense would advise you to think through and analyze your investment strategies.

Real estate is something that you can physically touch and feel – since it’s tangible, many investors consider it a low-risk investment that allows you a greater degree of control over your money.

Normally, a down payment of up to 20% of the purchase price can be made, and the rest can be financed by banks. This gives you leverage to invest more in different types of properties with less money down, helping to build your net worth or income that you could make off the properties.

So, why should you invest in real estate? Here are the most notable advantages:

  1. It is income generating

If you’re investing in any real estate development such as a condominium or an apartment, make sure there is no oversupply of the same type of property in the area. Invest in a right property that has high demand, but is scarce and hard to find in the area.

If you pick the right property, you can surely enjoy the probability of a monthly rental income. Owning an investment property won’t take much of your time after you’ve set it up. The key is to find people who can help you monetize your investment.

In this case, Primavera Residences, an eco-friendly condominium in Cagayan de Oro, is an example of an investment that is new to the city. Being the first condominium that is ready for occupancy, you can surely generate income in no time, allowing for faster ROI.

The building also has its own professional in-house asset management team that manages the units for short and long term rental through the innovative ‘Serviced Apartments’ concept, the first of its kind in Cagayan de Oro. This ensures you a hassle-free, one-stop solution in overseeing your income generating asset. Quarterly reports will be provided to update you of the performance of your investment, allowing you to be on top of things while keeping headaches at bay.

  1. Keeping your day job

You can’t do ten day-jobs, but you can surely own and manage at least ten properties by yourself.

To guarantee a rental income, your creativity can increase the value of your property, may it be in renovating your interior and exterior or furnishing your unit/property. For such renovations, at Primavera Residences, buyers get unfurnished units with inclusions of tile floorings, painted walls and ceilings, fitted kitchen sinks, bathroom fixtures, electrical wirings and outlets and you can be inventive by how you design your unit to attract clients coming in.

You’ll make a substantial profit when the increase in value (perceived or otherwise) is greater than your acquisition cost and what you spent for the improvement. The key is to be diligent enough to look for a bargain. Remember that the profit is made when you buy, not just when you sell.

After everything is done, you will have just to sit, relax or continue on your day job and just receive a monthly income.

  1. Most real estate properties will appreciate in value.

“Most” because there are properties that are slow to appreciate and don’t appreciate in value at all.

The key is location, location, and location. 

Buy a property where the major developments are ongoing, or where it’s headed. Better yet, invest on properties near malls, schools, offices, churches, or new roads built. This translates to faster growth, value appreciation, and  higher demand to prospect investors.

Sustainable developer ITPI for example, has invested in alternative locations where nature and the environment has been thoroughly preserved and optimized. Primavera Residences, located in a master planned community in uptown Cagayan de Oro, was built in 2009 and has been successful in attracting buyers and investors who believe that uptown CDO is an ongoing success story in the real estate market.

  1. Your property is illiquid.

Unlike most investments, real estate couldn’t be immediately translated into cash, preventing irresponsible use of money or overspending.

If you’re in need of cash, however, your property can be used as a collateral in the bank or you can use it as a security to apply for a loan.

  1. Better returns

For many decades, this investment has produced constant wealth and long term appreciation for millions of people. If you consider inflation, in the long run, if you decide to sell your property, there’ll be a higher chance to get better returns as compared to just keeping your money in the bank. Real estate has had an average return of 8.6-10% over the past 20 years, since we have gone through 3% inflation over the years and this partly accounts for the high return on the investment.

Much, much better if you pass it on as a legacy to your children and your future children’s children.

 

Looking for a property to invest in? Visit www.primaveraresidences.com or call 088-880-5002. 

 

5 Reasons to Invest in a Condominium Unit

Posted by Stefan on

Invest

One of the most common investment questions nowadays: is purchasing condominium units truly a wise investment?

The Philippines is definitely enjoying a major surge in real estate growth with developments currently being built and those still lining up. The rise in the number of residential buildings makes it more attractive to people who have their eyes set on property ownership or investment.

As a booming metropolis, Cagayan de Oro continues to support the increasing investment opportunities coming in that led us to be on the 2nd spot of being the Most Competitive City in the Philippines for 2014. One of the sought-after developments in the city are the number of condominium buildings.

For the savvy investor, a good investment is one that yields the highest return on investment (ROI). But are condominium units considered a sound investment?

Here are some reasons why you should consider purchasing a condominium unit:

  1. Condominium buildings are mostly situated in prime locations (in between hospitals, malls, restaurants, etc.). This results to a premium resell price or monthly rental. Take for example Primavera Residences. Residents who opt to rent out their units can enjoy up to 8% rental return per annum.
  2. Developers such as ITPI Corp. can help you go through the process of renting out your unit through an in-house Asset Management Program. This ensures a convenient and hassle-free handling of your units for rent and assures you that your unit is secured, occupied and of course, enjoying good earnings.
  3. One of the biggest perks of condominium ownership is that the individual owners enjoy the support of the condominium association and the developer in the maintenance of the building, common areas, and facilities.
  4. In a research by a property listing site lamudi.com.ph, it shows that 69% of Filipinos prefer to rent than to buy. Therefore, properties for rent have bigger chances of being booked for long term rentals, assuring a steady stream  of income for the property owner.
  5. Condos offer amenities like pools, gyms, gardens, and so on. As for Primavera Residences, you can have your parties at its Multi-pupose Hall, relax at its overlooking swimming pool, be fit and healthy at its indoor gym, and be at par with nature in its indoor courtyard. These are major bonuses for renting or reselling.

Reselling or renting out a condo unit is a good investment opportunity to increase your monthly income. Since there is a noted boost in housing demand and a rise in Philippine tourism, the outlook for property investments is looking better than ever. It has also been observed that tourists consider condos as better alternatives to hotels due to affordability, a more homey ambiance, and additional kitchen amenities.

Developed by Italpinas Euroasian Design and Eco-Development Corporation, Primavera Residences is the first eco-friendly condo property in Northern Mindanao. It has two 10-story towers with commercial and residential units that are ready for occupancy. It was recognized the Best Mixed-Use Development in the Philippines by the International Property Awards at the recent Asia Pacific Property Summit in Kuala Lumpur.

For inquiries on how to rent or invest, call 09177942221, 09173213321 or (088) 880-8002; or visit www.primaveraresidences.com.