Overseas Filipino Workers (OFWs) make decisions to leave the country to pursue other better opportunities being given abroad. Also, due to the declining employment rate in the Philippines, Filipinos decided to pursue employment in other countries that offer higher salaries and benefits. According to the research conducted by the Statistica, a total number of 2.33 million OFWs are recorded.
Some who have been working for years can let their savings allow them to start exploring the world of real estate investment as their additional source of income. With the Philippines being considered one of the best places with several investment opportunities, it is a good chance and experience for OFWs.
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Advantages of Real Estate Investment for OFWs
- Asset Appreciation – According to the Bangko Sentral ng Pilipinas (BSP), residential prices in the Philippines went up by 7.7% year-on-year in the fourth quarter of 2022. This can be considered as one of the fastest pace of growth since the 2020 pandemic.
- Diversification Potential – By adding a real estate investment portfolio, it enables the risk for management. Some investments in real estate can have low and negative correlations with other major asset classes and with this diversification, it leads to higher returns and reduced risk.
- Home For Retirement – For OFWs who spent years working abroad, investing into something for your retirement can offer a place for their own relaxation and peace of mind. Buying a property back home can ensure a future heaven on Philippine soil.
- Long-Term Financial Security – One of the advantages of real estate investment for OFWs is long-term financial stability through steady cash flow from rental incomes that can act as their reliable passive streams for their essential earnings.
Introducing PHINMA Properties
While choosing for the perfect real estate investment in the Philippines, OFWs can consider PHINMA as one on their top list. From its several properties available like PHINMA Maayo San Jose, Metrotowne, PHINMA Maayo, PHINMA Maayo Tugbok, and Solano Hillside Residences, they can have a lot to choose from. Starting properties with prime locations that can achieve appreciation rates and rental demands. A tight security with 24/7 roaming security and cctv and gates with security personnel offers a safe and secure community for them.
A personalized and flexible payment plans and options are presented for those interested especially for the convenience of their future homebuyers like the OFWs.
Personalized Customer Support from PHINMA Properties
- For a better buying process, let us PHINMA assist you on how to start acquiring a property. (https://phinmaproperties.com/buyers-guide/)
The Buying Process:
- Start choosing a location from available areas like PHINMA Maayo, PHINMA Maayo Tugbok, PHINMA Maayo San Jose, Metrotowne, and Solano Hillside Residences or arrange an appointment with our Property Specialist to know more about other properties.
- Check the availability and price of the chosen property and see other promo options.
- Check the project’s inventory board for more available units.
- Start preparing to submit other required documents and reservation fees for site visits. However, for those who prefer an online transaction they can easily access the Online Payment & Reservation tab on the page. (https://phinmaproperties.com/online-payment-reservations/)
- Choose the payment options that suit your financing options.
Conclusion
A real estate investment is an ideal choice for the OFWs to make the best out of their hard-earned income for years. The perfect and ideal choice for OFWs to make can be entertained by PHINMA through a safe and secure community, location-wise properties, and building other opportunities. Even though there are challenges associated with this kind of investments, PHINMA can surely take out the potential benefits with the right approach, strategies, and professional advice.
For more information on available residential properties and investment opportunities, visit PHINMA Properties.
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Oliver is a professional blogger and a seasoned business and finance writer. With a passion for simplifying complex financial topics, he provides valuable insights to a diverse online audience. With four years of experience, Oliver has polished his skills as a finance blogger.
