Day: April 3, 2019

A full suite real estate firm, List Sotheby’s International Realty Philippines, takes great pride in the ability to provide luxurious service to the clientele it upholds in developed Central Business Districts in key cities and regions such as Makati, Ortigas, BGC, Eastwood, Triangle Park Quezon City, Filinvest Corporate City, Cebu Business Park and Downtown Davao. 

We will be offering a refinement of living through its newest complimentary e-newsletter called Spotlight.  It will highlight a collection of curated lifestyle events, hottest luxury property listings from the Philippines and its cross border affiliates, investment and analysis of the real estate market leveraging from our 990 offices worldwide and counting.

Real Estate Firm in the Philippines

There has been a rapid development of emerging cities in the Philippines. Projects such as high and low-rise condominiums, resort-oriented hotels, satellite communities, innovative shopping malls, and various offices are quickly sprouting. These developments contributed to the stability and steady growth of Philippine real estate which makes it one of the most lucrative markets in Southeast Asia.

List Sotheby’s International Realty Philippines, a collection of the trusted names in luxury real estate, is here to bring its comprehensive listing of the most coveted properties in the market and its signature of the  unparalleled service, consistent with the full potential of luxury real estate here in the Philippines.

Part of List Sotheby’s International Realty of Japan, List Sotheby’s International Realty Philippines was established in September 2016 which marked its third year last year. A full-service real estate firm that caters to all clients all over the Philippines and the world, We offer exclusive marketing, advertising, and referral services that are carefully designed to attract targeted buyers to the firms curated property listings.

With our dedicated team of Property Specialists and Relationship Managers, List Sotheby’s International Realty Philippines provides invaluable local knowledge and services while offering clients exceptional expertise that brings the world to its doorsteps. Our impeccable attention to details and anticipation of their needs is what sets them apart from other real estate firms in the market.

Our affiliation of List Sotheby’s international Realty with global brands provides its clientele extensive network and exposure. One affiliate, the Sotheby’s International Realty®, has a network of over 22,500 affiliated independent sales associates located in over 990 offices in 72 countries and territories worldwide.

Going beyond expectations, defining the value of Sotheby’s International Realty® brand, and various real estate market updates and property insights will be featured in the upcoming informative Spotlight e-newsletters.

What should you keep in mind for luxury real estate investments?

1. Types of luxury real estate investments
2. Importance of studying the market
3. Appropriate design is key

Luxury homes in the Philippines are not common. In fact, luxury real estate is something that only the most elite can get themselves involved in. Whether you’re selling a luxury home or putting it up for rent, it will be difficult to find potential clients.

If it were regular real estate, the level of difficulty won’t be as high. However, since you’re dealing with deluxe homes for sale in the Philippines, you also need an increased level of expertise in order to go through with a sale.

The thing is, regular real estate is way different from luxury real estate. It’s important that the proper steps and strategies are implemented in order to ensure that a house is sold in a timely fashion and at a fair price!

Types of Luxury Real Estate Investments

When it comes to real estate, more often than not, your goal will always be to make money; to earn a return on your investment. For luxury real estate, you can earn a profit through the following means:

Real Estate Appreciation

The most common way to make money off of luxury real estate is when the property increases in value over time or due to a change in the real estate market. This usually happens when the land around your property becomes scarce or the area near or around you is bustling with activities (such as a commercial center being built next door). It can also increase in value when you implement upgrades to the estate. However, you will only get a profit when you make a successful sale.

Cash Flow Income

With this type of real estate investment, you can focus on collecting rent from luxury homes, condominiums, or apartments. You will be the one to operate on it for simple things such as housekeeping. The cash flow will start when you begin to have tenants. This kind of real estate investment is more reliable than when you use real estate appreciation.

Real Estate Related Income

This kind of endeavor is usually done by professionals of the real estate industry. That would include brokers and agents that make money through commissions from buying and selling properties. This also includes real estate management companies that get a percentage of their rents in exchange for running day-to-day operations for the property.

The Importance of Studying the Market

Luxury real estate, as its name implies, will never be cheap. Investing in it will cost a large sum of money. However, when you do your homework correctly, the gains will be well beyond what you put into it.

That’s why it’s incredibly important for you to be careful when you do your research. Be mindful not just about the people that you’ll be planning to sell to, but also about the place where the luxury home is located.

These two factors, along with the quality of the property itself, are the major considerations that most people look at to appraise the value of estates. The better you appeal to their needs and wants, the more they’ll be willing to pay you for it.

Make sure that you understand the surroundings of the estate or the luxury house that you’re selling. Use that as the main selling point of the luxury home. For example, the place may be near a popular commercial district, or it’s in an exclusive community, or it might even be in an area that’s isolated, giving off a surreal and private feeling.

Appropriate Design is Key

You may have a property in an incredibly ideal location. However, what it looks and feels like is probably far from what the market wants. Chances are, they won’t even consider buying your property unless you are willing to drastically change its whole appearance.

That being said, both interior and exterior design are vital in making sure that a property that you’re selling meets the standards of your potential customers. That means not only making sure that it’s exterior is aesthetically appealing and functional, but the interior is fully furnished with the best possible equipment that they might need as they live in it.

Key Takeaway

Think of luxury real estate investments as more lavish and expensive real estate investments. You’ll be dealing with mansions, estates, penthouses, and sometimes even giant plots of land. When it comes down to it, however, buying and selling luxury homes in the Philippines is the same as any other real estate purchase.

The key here is that there’s a wholly different market, market value, and price boundary—which can either be advantageous or disadvantageous to you depending on how your own investments pan out.

That being said, luxury real estate investment can be great as a secondary or your primary source of income as long as you know the ins and outs of what you’re doing.