Tips to Increase the Value of Your Condo Unit

From comfortable, cozy, fresh, and clean, the list can go on and on when it comes to the factors that people look for when buying a condo unit.

In just a limited space, condos give you everything you need, and their location is great too as they are located near schools or offices. Furthermore, they provide recreational areas such as swimming pools, gyms, and much more without having to walk far from home.

Although condo units are among the top choices of people looking for a place, they’re also a good investment should you decide to put it up for rent.

Here, we give you 6 ways you to increase the value of your so-called modern prefab home:

Bathroom makeover 

People never miss the bathroom when evaluating a place, so this would be something you really need to work on. This means fixing chipped tiles, repainting the walls, and getting rid of stains everywhere possible.

No one will have second thoughts about buying or renting a condo unit if the bathroom is clean, fresh, organised, and everything looks brand new.

Get rid of bad odor

A major turn off would be the smell since no one wants to stay in a stuffy room. This would mean thoroughly cleaning the unit and changing floorboards or carpets.

Getting professional help for this would be best so that you can really get rid of the bad smells, as some tend to stick to the walls or floors and can take a while to disappear. Someone interested in the unit wouldn’t want to have to go through the hassle of cleaning or trying to get rid of the smells themselves.

Go green

In the coming years, many are moving toward being environmentally friendly. This would mean that you should also attempt in making your unit environmentally friendly so that your buyer would know it will be a great investment for the future.

A few examples of going green would be changing your lights to LED ones, using energy- efficient appliances, and having a low-flow shower head to save on water.

Clean and create storage

The right storage will be great for keeping things tucked away and organized, making the area more spacious and easy to roam around in. So, pick the right sizes for your closet and have enough compartments for everything. Another way would be to have built-in closets and shelves to truly maximize the space.

Maintenance

Make sure everything is running efficiently such as the stove, toilet, shower, heater, etc. Get everything fixed and make sure that it won’t damage so easily.

Your buyers or renters don’t want to have a headache with having to fix things, so make it brand new for them to make moving in easy for them.

Organise your furniture

You can either add furniture or replace them. Just make sure that they coordinate with the rest of the interior such that it doesn’t take up more space. You might want to consider multi-purpose furniture as these are the best ones.

Further, your furniture should be repainted if necessary, whereas the sofa or pillows should be washed to mask out any bad smell. Rugs and carpets, on the other hand, should also be checked. These pieces would be great if they match with everything and don’t have hair or dust tucked in its strands.

These are just a few simple ways you can do to make your unit worth it, seem brand new, and ultimately, be comfortable and cozy for those interested in your property.

Source: https://www.greyloft.com/blog/6-ways-to-increase-the-value-of-your-condo-unit/

Condominium Perks to Consider for an Exciting Lifestyle

If real estate analysts can pinpoint one of the most popular trends in the Philippines, it is condo living. The growing popularity of high-rise apartments can be seen in the various skyscrapers cropping up all over the metro. Where once investing in actual homes was the preferred mode of living, future generations are moving toward more compact residential options.
This is also probably an offshoot of the current improvements in condo living. Gone are the “shoebox” spaces, replaced by luxurious rooms with ample space. Prime real estate developers, like Megaworld’s Iloilo Business Park, have become more innovative in coming up with current projects. Condo living has emerged as the new lifestyle to aspire to for individuals and families alike. Are you considering if getting a condo is right for you? Here are a few benefits to think about:

 

 One Madison Place artist's perpective soon to open this 2017

Easy to Find Location

Owing to their growing popularity, most condos occupy prime spaces within the real estate landscape. Iloilo Business Park in Mandurriao, Iloilo City, for example, is considered one of the country’s rising central districts for business and commerce. Passing through the area, it’s not hard to spot various residential buildings cropping up all over the district. If you do choose to invest in a condo, it’ll be right at the center of the city. You’ll have easy access to a wide range of establishments, literally within walking distance of your new place.

Amenities that’s so classy and upscale

Think of the advantages of having a gym, pool, and coffee shop-in-one. That’s exactly what condo living offers. Most developers are beefing up their market presence and increasing desirability by providing luxurious amenities. The current trend of condos is to provide all the things that make up a complete lifestyle. From fitness to entertainment, there are a lot of possibilities for condo dwellers to explore. Installing the same facilities in a stand-alone home would entail a lot more cost, in terms of actual conception and maintenance.

Safe from Disasters

Given the frequency of natural hazards we experience, it’s only practical to invest in a place that offers protective options. Most, if not all, high-rise condominiums have anti-earthquake structures that afford more security in the event of such a disaster. These types of construction also offer ample protection against flooding, another common countrywide issue. Living in a house or subdivision leaves you more open to these types of problems. Safeguarding your residence can entail additional expenses and strain on your existing budget.

Secure Community

You can always live in a gated community with the benefit of round-the-clock surveillance. Security is an important factor, especially in certain areas. Families, especially, desire the assurance that their loved ones are kept from harm at all times. In answer to this pressing need, most condo dwellings are outfitted with the latest security and surveillance measures. Guards at the lobby, video cameras set up at strategic locations, and TV-coms in each unit are only some of the provisions that developers offer. As the need for safety becomes more and more evolved, so do the means to meet it.

Live for Investment and More

Well-furnished condos located within urban centers can also become lucrative assets. The yield associated with leasing a high-rise apartment is quite substantial and can be used to augment existing income. Furthermore, the market for rental, especially expats and OFWs looking for temporary lodging has grown significantly over the past years. As the country’s economic climate continues to prosper, analysts see this sector gaining momentum in exponential growth.

Condo living may or may not be for you, but it’s undeniable that there are many benefits attached to it. Your decision to purchase a space in the latest high-rise should be influenced most by what your lifestyle demands as well as any future financial prospects you may want to explore.
Think about fulfilling all of these exceptional amenities and advantages that you can own when you invest for a condo in Iloilo Business Park. Considered as the largest and grandest lifestyle township of Megaworld outside of Luzon, Iloilo Business Park offers upscale living experience with its four residential towers namely One Madison Place, Lafayette Park Square, The Palladium, Saint Honore and Saint Dominique. Each of these gorgeous residential towers has their own unique features and lifestyle appeal that elevates the perspective of Ilonggo condo buyers. You can live and invest for a great lifestyle as part of Iloilo Business Park, the region’s center of developments and investment.

Take these condominium lifestyle advantages by heart and own a home now at Iloilo Business Park to fulfill your dreams. For more details, call (033) 330-3464 or visit IBP Sales and Information Center to schedule your township visit.