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.
This excerpt was originally posted here: http://www.primaveraresidences.com/primavera-residences-offers-sound-investments-in-cdo-with-buy-to-rent-units/