Beginner Investors Must Know This Before They Invest In Condos

Beginner Investors Must Know This Before They Invest In Condos

In stock investments, there is a big possibility that your share price will go down and you will incur losses. However, this should not be a concern in condo investment, especially in condos with excellent floor plans like the Hyll floor plans. The increase in condos exceeds the growth rate of inflation, so you don’t need to be afraid of your investment being consumed by inflation. Second, like property prices, condos will always experience price increases, either low or high.

The percentage increase in condos is 5% to 10% per year. In the long run, this increase will accumulate and your initial investment will be very profitable.

This higher selling price will bring investment benefits to you. In addition, you have used the condo (abandoned or rented), you also benefit from an increase in selling prices.

In addition, condo investment can be seen as a form of investment based on savings. The reason, you will not be easily tempted to make the investment as cash and spend it.

This is certainly different if you invest in gold or foreign exchange. If you need money, you can immediately sell it for cash.

Condo investment can help control the impulsive nature of shopping and help regulate your expenses. The less liquid nature of the condo can be valued as a positive aspect of your financial planning. Meanwhile, if you’re looking for condos with great floor plans for your investment, you can see the Hyll floor plans.

If you are interested in investing in a condo, you should pay attention to the following points.

Location

The location of a condo is very influential on rising prices and prospects in the future. Some things to consider are transportation access, access to public facilities, access to shopping centers and the area or area of the condo. If you want to buy a strategic condo, you can buy the Hyll condo unit.

Land Status

Make sure that you buy a condo from a land that belongs to the developer.

Condo Facilities

The condo should offer various facilities, ranging from swimming pools, sports fields, and shared spaces. Condos that offer these facilities are suitable condos for investment.

Condo Security System

This should already be considered by every condo investor for the sake of all resident’s safety.