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Primavera Residences offers sound investments in CdO with buy-to-rent units

by Weena/ITPIPublished: July 9, 2014Updated: December 2, 2014

ITPI launches Primavera Residences' serviced condos as an investment opportunity for buyers.

As Cagayan de Oro becomes one of the country’s most progressive cities, consumer demand for accommodation opens up a lot of opportunities for additional income. Serviced condo or condotel units are now turning out to be good buy-to-rent property investments. In another pioneering move, Primavera Residences, Cagayan de Oro’s internationally-awarded eco-friendly condo property, announces the launch of its serviced condos for short to extended stays.

“A serviced condo combines the flexibility of ownership with hotel-like services such as cleaning, maintenance and security. Unit owners have the option to rent it out to short-term or long-staying guests,” explained Primavera Residences general manager Cheryll Barriga.

Serviced condos are a solution to typical short term or relocation housing needs, she continued. Typically larger than hotel rooms, condos are less expensive and homier options for those on business trips or long-term project assignments. Families will find one- or two-bedroom units with fully-fitted kitchen ideal.


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