OFW Investment Opportunities in Real Estate

By CitiGlobal Team February 17, 2021

Times remain to be uncertain. If you’re an OFW, it is now more important to know how you can properly allocate your hard-earned money. As you seek for stable investment options, it is good to know that there remain to be stable OFW investment opportunities in real estate.

With or without crisis, real estate proved to be a solid investment option. With it, you can secure the money you’ve saved for you and your family’s future. So if you are an active OFW or someone who has returned from overseas, it’s time to look into the benefits of a real estate investment in the Philippines.

OFW Investment in Real Estate: Top Reasons to Seal the Deal

1. Invest and earn profit for the long-term

When seeking for OFW investment opportunities, keep in mind that you should be eyeing options that can turn in profits for as long as possible. This is exactly what real estate investment in the Philippines guarantees. You will not just secure a property under your name, you will also reap returns from the investment you’ve made. Furthermore, with real estate, you are actually putting your money in a safe and crisis-proof venture. Even with a crisis at hand, your investment is kept secure.

2. Earn even on your retirement years

One of the things that should be looked into when eyeing OFW investments is to get your hard-earned money working for you especially during your retirement years. Keep in mind that you won’t be working forever. It would be great if you can enjoy the fruits of your labor through passive income from real estate when that day comes. Venturing in this type of OFW investment now will allow you to have a regular cash flow once you retire.

3. Land Value Appreciates

Another advantage of putting your investment in real estate is its profitability. Land value appreciates with time. The amount you’ll invest in a property now would be a lot higher by the time you return to the country. Basically, it’s possible to earn profit from a real estate investment even without having to modify or improve it.

4. Increase your savings with an extra source of income

There are many opportunities to earn through real estate. As mentioned, it can be the source of passive income. Whether you are still active or retiring, your investment will be the source of extra income for you and your family. Your real estate investment can become the property that will provide for your needs.

Here are some of the examples of how you can convert it into an income-generating property.

• Have it Rented Out

If you have bought a house or a condo unit, you can have the property leased especially if you are near offices, schools, or tourism spots. Condotels are the best choice for this. Usually, they are in strategic locations and offer amenities that can easily attract tenants.

• Convert it

Whether you’ve bought an old property or one that needs improvement, you can convert it into an income-generating property. It may require some funding but the potential for it to be a regular source of income would be worth it. But of course, a good location will give you a greater advantage.

• Try Land Partnership

Have you invested in an idle land and still have no plans on what to do with it? Try land partnership. Find reputable real estate partners in the Philippines who can maximize the earning potential of your land.

ALSO READ: Why Invest in Pre-selling Condotels in the Philippines this 2021

CitiGlobal has been helping overseas Filipino workers find properties that realize their lifelong dreams and also open great OFW investment opportunities. We also offer land partnership. Wherever your location is, we can work with you and even support your financial needs so you can reap long-term benefits from your investment.

Looking for promising OFW investment opportunities? We have the property that suits your needs and future plans.

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Source: https://citiglobal.com.ph/blog/ofw-investment-opportunities-real-estate/