For those of you who like to invest in property, now there is another alternative that can be your new property investment, namely new launch condo. The term condominium is not often mentioned, but judging by the prospects for profits, this new type of property investment is a form of investment that is no less tempting than property investment in the form of apartments. Usually, people who choose to invest in condominium properties make money by renting them out. Thus they will not only retain the property rights but will also earn monthly or yearly income. This is one of the great advantages when choosing to invest in property. If you want to rent out a condo that you have purchased, this can be done in several ways.
One of them is to hand over the operation of the unit you have to the management who manages all the condominiums there. The management of the Condominium will rent out your unit to a third party. From this, you will get rental benefits without you having to look for people who want to rent your condo unit. You can focus on your work and leave the rental problem to the condominium management. In the rental process through management, of course, there are several things you need to pay attention to. If you choose a guarantee scheme, usually the condominium management will provide a fairly large return on investment. The point will be bigger than you depositing liquid money in the bank.
But in this case, what you need to pay attention to is a certain period that will be able to make the value of your property go down. Because usually in a guarantee scheme in an agreement for three years, when that period is over and you will pledge your condominium unit again, the value will be reduced from before.