Reasons Why You Should Invest in Memorial Lots

No one knows what the future holds but death is inevitable. And while investing in memorial lots might seem like a morbid thought (at least to some), leaving your loved ones grieving and facing financial hurdles can be a much bigger source of concern.

Unfortunately, there are still quite a number of people who feel uncomfortable talking about this fact of life. As a result, they don’t take the necessary preparations, leaving their loved ones in dire straits when the time comes. Why? Because death is also expensive.

More than easing your family’s financial burden, there are a lot of advantages to investing in memorial lots. And we’re listing them down in this article.

But before you jump into the bandwagon, you have to equip yourself with the basics of memorial lot investment.

The Types Of Memorial Lots

Memorial lots come in different types and sizes. Here are a few of the common ones.

Lawn Lot

A lawn lot is an underground interment that is distinctly identified with a flat marble or—in some memorial parks like Golden Haven—granite. Often, these lots are 1 meter by 2.5 meters in size.

Family Patio

At 18 square meters, a family patio is designed for those who want a little extra flair. This type of memorial lot comes with a concrete structure enclosing four well-manicured lots and can accommodate up to 10 fresh body interments.

Family Estate or Mausoleum

A family estate or mausoleum in the Philippines can accommodate multiple interments, depending on the design. Thus, this type of package is an attractive option for families who want to have their departed loved ones in one place.

Factors That Can Affect the Price of the Memorial Lot

Not all memorial lots are priced equal. This is because various factors can affect its value. Let’s talk about some of them.

Location

Location plays a HUGE part in real estate, and memorial lots aren’t an exception. Where your property is located matters, and this can affect the price and appreciation value of your lot. To put it simply, the more “prime” the location is, the higher its price and the better its appreciation rate will become.

Take Golden Haven Memorial Parks General Santos City, for example. This memorial park is located at Barangay Mabuhay, which is both accessible and convenient. This park started selling lots at 28,000 and is now at 45,000. Golden Haven Tagum, situated in Barangay La Filipina, Tagum City is another excellent example with its prime location along two major roads—one leading to Nueva Fuerza, and another to San Agustin. Moreover, the road going to San Agustin, which is on the right side of the park, will soon be converted into a diversion road with four lanes. Golden Haven Memorial Parks Tagum started selling at 35,000 and in just one year increased to 51,000. That’s a huge return on investment!

Amenities

One of the factors that can also increase the value of the memorial lot is the amenities that will be provided. Now, not all memorial parks or cemeteries offer this feature which means those that do have it pose a greater advantage. Instagrammable features, like the California-inspired Lacma Lights of Golden Haven Tagum, and Golden Haven Gensan’s statue of the Nine Muses are great examples of amenities that can hike up the price of the property.

Maintenance

How will the memorial park look in ten or twenty years? The overall ambiance matters. Well-maintained parks can be priced higher, and this is something that you should consider as an investor.

Now, why should you invest in memorial lots in the Philippines?

Top Reasons Why You Should Invest in Memorial Lots in the Philippines

1. Investing in a Memorial Lot Early Means One Less Worry Off Your Plate

Plenty of people are uncomfortable talking about death. However, the fact is that death is unavoidable. Furthermore, it’s something that no one can predict. But you can make the necessary preparations to ease the financial burden that comes with the passing of a loved one. Investing in a memorial lot can help a lot in this.

2. Investing in a Memorial Lot Early Gives You More Options

Land is limited and there isn’t an infinite supply of memorial lots in the Philippines. Additionally, these lots increase prices at least once a year. Memorial parks or cemeteries are more than just a piece of land where you bury a body. They’re places where those who are left behind can honor and preserve their loved ones’ memories. Wouldn’t you want to give them the best?

Higher costs aside, if you don’t invest early, you might end up settling only for whatever’s available in the future. And there’s a high possibility that what’s available by then won’t be the best option.

3. Investing in Memorial Lots Early Protects Your Savings

Imagine having to deal with emergencies that cost more than your savings! For instance, the passing of a family’s breadwinner could put a financial strain on those who are left behind. On top of the heartbreak, the unexpected expense could put a toll on the family’s finances. What if they still have kids at school? Or a sick family member who needs medical assistance?

Investing in memorial lots can give the family time to grieve and allow them to focus on remembering their loved ones. It also helps protect the money that you’ve been saving for the future.

To top it off, some memorial lot investment plans, like Golden Haven, comes with a free credit life insurance. This type of insurance policy will pay off outstanding debts in case the account holder dies before the lot’s been fully paid, reducing the remaining family members’ financial burden.

4. Memorial Lots Have High Appreciation Value

Like other real estate properties, memorial lots are always appreciating. More so if your memorial lot is located on a well-maintained memorial park with plenty of amenities. This type of property is protected against depreciation and this makes them a smart and practical investment.

Take the appreciation rate of Golden Haven memorial lots as an example. Golden Haven Tagum lots’ appreciation rate is currently around 46%. If you purchase a memorial lot early and decide to sell it after five years, imagine the income you’ll be able to generate!

5. Memorial Lots are Perpetually Owned and Easy to Resell

Once fully paid, you will have perpetual ownership of the memorial lot. This means it’s yours unless you sell or give it away. You will not need to pay for annual or renewal fees! You can also either choose to keep it for yourself or your family, or consider it as an investment by letting its value grow, and then selling it at a much higher price whenever you need or want additional funds.

And here’s the best part: selling memorial lots is super easy!

Death is hard, but it’s a part of life. There will always be somebody looking for a good memorial lot. It’s not merely a “want”, but a “need”. From an investor’s point of view, there will always be a market for it. And considering its appreciation value, you’ll be able to price yours competitively—in an amount that’s higher than the price that you bought it for, providing you a generous amount of income, yet lower than the current market selling price so as not to make it hard for the buyer.

Death is painful and it becomes even more heartbreaking when you’re financially unprepared. For this reason, it is best to do what you can to plan for the future. Investing in memorial lots is a smart choice. You’ll be able to ease your family’s possible financial burden, and also make your hard-earned money grow.

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Want more information? Talk to a trusted Golden Haven Broker like Marisol R. de los Reyes. You can reach her 09177742477 or drop her an email at repsph.driven@gmail.com.