Millenials are making it big in their careers while the more enterprising ones have rocked businesses especially during the pandemic. And now, they are putting their money where it has tangible returns–real property investing. Here are some of the things that millennials need to know about real estate investing in 2022.

Real Estate Investing Uptake in 2022

Property research firm Colliers Philippines recently reported about a sustained take-up for house-and-lot and lot-only projects in areas outside the capital region.

As people shy away but stay not too far from major cities in the Metro, key urban areas in northern and southern Luzon have become today’s favored areas. Locations include Pampanga, Tarlac, Bulacan, Cavite, Laguna and Batangas. In these areas, residential projects are between 86% and 97% sold, as of the end-2021.

Earning from Real Estate Investments

The pandemic has confirmed that real estate is a self-appreciating asset, no matter what.

While downpayment promos and discounts still abound, millennial entrepreneurs can start buying and selling house-and-lots. Even after the pandemic, most developers will always sell units at a discounted price during the pre-selling stage. This much lower introductory price is usually around 30% cheaper than a completely finished unit. Once finished, it can be flipped and sold as ready-for-occupancy (RFO) units that are readily available for homebuyers.

But aside from waiting for it to appreciate, millennials can explore other ways to realize the earning potential of a home in the suburbs.

If they want to rent out the units, these become a steady source of income—also a profitable option for any prospective investor. Renting out the home is a good long-term investment for those looking for a more sustainable form of revenue that literally pays for itself.

Lumina Homes: Your Partner in Business

Being a landlord will have its share of responsibilities but if done right, any millennial-turned-landlord can count on a steady rental income stream. This is especially true if you own a well-placed residential unit of a reputable developer.

If you need affordable and mid-priced homes for your new investment venture, Lumina Homes has a lineup of quality house and lot properties in over 50 key locations nationwide.

A housing arm of Vista Land & Lifescapes Inc., one of the country’s leading integrated property developers, Lumina Homes’ master-planned communities are located near signature lifestyle brands. These include Vista Mall, AllHome, Coffee Project, MEX, and more.

It also boasts of well-thought-out functional amenities that can be found in eSpacio, its own amenity center. It hosts a multi-purpose hall, mini gardens and playground, jogging path, and shuttle terminal. Plus, there are also new features like a community center and Tambayan ni Juan.

“Lumina Homes has grown from a low-cost housing brand to one that provides a middle-income Filipino family’s ultimate dream home,” said Engr. Joemi Tan, Division Head of Lumina Homes.

Lumina Homes Goes Digital

Furthermore, Lumina Homes continues to evolve to cope with the needs of the times. They have pushed for digital real-estate solutions like virtual home tours and subdivision walkthroughs, online reservation, online appointment booking, and online payment options. You can conveniently pay through digital wallets and digital banking in partnership with national bank players.

• For more information and announcements, follow @luminahomesofficial on Facebook or visit Lumina Homes’ official website at www.lumina.com.ph.

Save Some More from Lumina Homes

By the way, Get a P500 discount when you reserve a two-story house and lot or condo unit through Lumina Homes Online.

Just use my CODE: SIGLMN500 upon checkout.

This is applicable to any Lumina Homes location nationwide!

• For more information, visit https://luminahomes.info/Sigrid

Moreover, take advantage of Lumina Homes piso vouchers at the ShopeePay April Piso Deals.