AMISA : An Upscale Residential & Hotel Condo Resort In Mactan by Robinsonsland

[Logitek]

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any answer from robinsons? for me, it is logical not to buy condo. it is not lifetime investment. i prefer lot nalang.

I think i depends on the preference of the person. On a single condominium unit, it will be up to the management to decide when the building seizes to be usable. Management of the condominium is of course chosen by the homeowners association. So, it really depends on the homeowners . But since the Amisa project will become somewhat like a whole beach community with a lot of condo buildings and a hotel/resorts and maybe even a casino, im sure robinsonsland has the resources to make the structures last a LONG LONG TIME.

Regarding investments, Condominiums are relatively easier to rent out or resold compared to lots... and usually you get your return on investment way before 10 years has passed. So the question becomes "are you buying properties for investment or for it to become your home?". And if its about investments the follow up question would be which real estate investment yields higher returns at the least amount of time.

Well, that just what i think... "To Each His Own" right? what do you guys think about it?

[mai_sharona]

yes and wisely informed :mrgreen: thanks Logitek for your wise answer to a tricky question

[pinoyidol]

Return on investment?? Hmmnn.. Condo units don't appreciate but they depreciate. that's why we need to make it for rent or just stay it and enjoy. But compare that with subdivision lots with swimming pools or near the beach and price is much comparable to condo (if you can get 100 sq m lot compare it with 32 sq m condo? hmmm), why choose condo then? sorry but i am not still convince of buying condo...

[mai_sharona]

@ pinoyidol: you have your opinion and so has logitek both ways have different roi period of course, or else then nobody will buy condos if it is not going to be worthwhile for their investments right? and then no developer will ever build condos again hehe TO EACH HIS OWN OPINION AND WE HAVE TO RESPECT THAT

[pinoyidol]

thank you mai! yes, we have our preference. there are so many advantages of condo - one is near or within the heart of the city or beach, very accessible then. One disadvantage of subdivision lots is they are very remote or far from city. So we our preference talaga...

[mai_sharona]

up up

[mai_sharona]

up for reservations :mrgreen:

[mai_sharona]

up

[Logitek]

that is actually a very good topic... im gonna start a new topic about that in the business and economics section of the forum

[mai_sharona]

up and for reservation :mrgreen: