Condotel Pros and Cons

Are you considering investing in a condotel unit but need more information on this type of real estate? Is it really a good investment? Today we will be going over the pros and cons of owning a condotel, what the difference is between a condotel and residential condo and who is this investment for.
For inquiries contact me on Viber or Whatsapp at +63 917 851 2752 or email Alex.Zeta@TWRGroup.PH
Alex Zeta
Real Estate Broker, Consultant and Content Creator
Brokers Lic no 0007755
Hi! I'm Alex - I'm a Real Estate Broker, Consultant & Content Creator who started in the real estate industry back in 2011. If you're looking to buy or sell Pre-selling property in VisMin area or real estate in Cagayan de Oro, give me a call so I can help you out.
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Пікірлер: 22

  • @aoldornas3090
    @aoldornas30904 ай бұрын

    Great presentation. Very clear. Thank you.

  • @RealEstateAlexZeta

    @RealEstateAlexZeta

    4 ай бұрын

    Glad it was helpful!

  • @willblanza-realtytv
    @willblanza-realtytv3 ай бұрын

    Well explained, thank you Ms Alex 🙂

  • @RealEstateAlexZeta

    @RealEstateAlexZeta

    3 ай бұрын

    You're welcome 😊

  • @j.r.6517
    @j.r.6517Ай бұрын

    Very informative video, well explained. Thanks 🎉

  • @RealEstateAlexZeta

    @RealEstateAlexZeta

    Ай бұрын

    Glad it was helpful!

  • @stephenr2195
    @stephenr21959 ай бұрын

    What is the resale market look like for condohotels? For instance average days on market for a condo vs condo hotel?

  • @RealEstateAlexZeta

    @RealEstateAlexZeta

    9 ай бұрын

    Hi Stephen, it will depend on the project and its location, how developed the area is, population and number of tourists a city gets. For property consultation, you can reach me at Alex.Zeta@TWRGroup.PH.

  • @prettyghee357
    @prettyghee3573 ай бұрын

    tama ba,/ the way i get it. Kahit d nagamit unit mo may share ka pa rin sa whole income of condotel? will the management show owners thee annual accounting of the income of thee year

  • @RealEstateAlexZeta

    @RealEstateAlexZeta

    3 ай бұрын

    Yes thats correct. The management should show a breakdown on the income for the year.

  • @teddybear2840
    @teddybear28406 ай бұрын

    Thank you for being honest.. but imo it's not a good investment.. 62k monthly amortization vs 23k monthly income is not a good deal.. and 8% per annum interest ng utang mo vs 5.6% lang yield mo luge ka talaga..

  • @aoldornas3090

    @aoldornas3090

    4 ай бұрын

    Steady income ng management.

  • @sunlyneguray-yt9uu

    @sunlyneguray-yt9uu

    4 ай бұрын

    That's because you haven't paid the whole unit yet. You can feel the actual profit ones you've finished all the loans from banks... 😂

  • @sunlyneguray-yt9uu

    @sunlyneguray-yt9uu

    4 ай бұрын

    Besides the unit owners are the one's who decides if they will apply for the loan.. so I don't think it's fair to say na lugi ka. When in fact when you get a regular condo no one can even guarantee your income as well. More likely fixed price for 25k Rin Yan per month. Hassle pa since most renters Wala Naman paki s unit mo if ipisin Sila don

  • @teddybear2840

    @teddybear2840

    4 ай бұрын

    @@sunlyneguray-yt9uu sure but is it better than other similar investment? With 7-8 million average condotel price in the Philippines its comparable to 6 unit studio apartment. If you want passive income why not invest 62K monthly in REITs instead? No loan interest and they're giving 6-8% annual yeild

  • @raintheinsane
    @raintheinsane4 ай бұрын

    Its missing the time of ownership, both lifetimes or specific amount of time?

  • @RealEstateAlexZeta

    @RealEstateAlexZeta

    3 ай бұрын

    Ownership doesn’t have a timeline

  • @jnacario5241
    @jnacario52419 ай бұрын

    What is the percentage of dividing the profit sa condotel with the owner and the management?

  • @RealEstateAlexZeta

    @RealEstateAlexZeta

    9 ай бұрын

    It depends on the condo management. For Citadines its 65% to management, 35% to owner. The mgmt will take care of the opex and management costs.

  • @user-xg4kv8ro1b
    @user-xg4kv8ro1b9 ай бұрын

    Can foreigners buy it? I'd like to know the price

  • @RealEstateAlexZeta

    @RealEstateAlexZeta

    9 ай бұрын

    Yes, foreigners can invest in condos or condotels in the PH. please contact at Alex.Zeta@TWRGroup.PH for the updated price list and inventory,

  • @biancafayebernales9552
    @biancafayebernales95529 ай бұрын

    Hotel 101 is more affordable