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University Home Recto offers preselling condo units for sale in Manila. Perfect for students, or for those who wish to have a condo investment in Ubelt Manila. Offered in a fully-furnished package with a property manager who will manage the entire leasing operation, University Home is a hassle-free bed space business that can give you high and steady rental income. All you have to do is sit back, relax and wait for your rental income on your bank account!
There are 10 universities within 1 KM radius of University Home Recto.
Its a condo near San Sebastian College, University of the East (UE Manila), Far Eastern University (FEU), Centro Escolar University (CEU), San Beda University, Philippine School of Business Administration, National Teachers College (NTC), La Consolacion College Manila, College of the Holy Spirit Manila.
It is the best condo to invest in Manila since its located near top universities.
Approximately, there are 70,367 students within the vicinity. Plus, there’s a new batch of freshmen yearly.
Hence, you have a constant market for prospective tenants. Also, students opt for long term leasing – usually 1yr to 4yrs until they finish their courses.
Manila’s top review centers are also within the vicinity. Provincial students even go to Manila to take a review in preparation for their board exams!
The truth is there’s a lot of property investment out there that can give you substantial rental yields. But ask any property owners, and they will tell you that their most common problems are the hassle in managing its rent.
If you do not have time to look for tenants, collect rental fees, look after your property and manage tenant concern, then University Home Recto is the perfect investment for you!
University Home is offering condormitel units. It is a condominium, dormitory and hotel operated as one.
Condominium. Your unit will have a Condominium Certificate Title (title) as proof of your 100% and lifetime ownership on the condo unit. Meaning you can sell, mortgage or transfer the property as an inheritance to your kids in the future.
Dormitory/Bed Space. Your unit will be leased out on per bed basis similar to dorms.
All units offer the same room furnishing. Therefore, all units are fully furnished, with FREE:
Hotel. Its facilities and its leasing operation are similar to a hotel. There will be a property manager who will look for tenants and manage the entire leasing operation.
University Home is perfect for OFWs and foreigners who cannot readily manage their property.
All units will be leased out on a per bed basis by the University Home Property Management Group who also managed and operate University Pad in Taft, Manila and in P-Campa. After that, the total rental income will be pooled together and distributed to unit owners.
Projected rental income:
Summithome Realty Corporation has a strong record of developing condormitel towers with a 100% occupancy rate. It is owned by Mr. Juan Dy, and he established two condormitels, namely University Pad in Taft, Manila and in P-Campa. Both towers have a 100% year-round occupancy rate, with the current rental price of Php 7,000 per bed.