Before we thought that rental of P20,000 for a 20 sm condo unit in University belt is outrageous, and that 2M plus purchase price would not do. But with such great number of people wanting to be professionals from education at UST, demand for dormitories and accommodations has skyrocketed, and so with the price.
Those who initially bought from the project: Corte Fragata Eloisa want to buy more. Because they can rent out at P20,000 per unit which makes for l00 months recovery period or 9 years. That translates to 8% ROI (using rule of 72) Can you beat that as a safe investment. Bank investment (CTD) pays out measly 1% (72 years Return of Investment)
We urged those who want to reserve to do so now. The construction/finishing will resume full blast on Monday September l6, 2013
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