Plus Minus Investing Condominium

As well as a residence, the presence of many projected condo for investment purposes. For investment purposes, then it should be seen for short-term interests and long term.Associate Director of PT Leads Property Service Indonesia, Evie Susanti, in a discussion on "Prospects and Investment Condominium in 2012" in Jakarta, Monday (5/14/2012), explained that the investment of short-term condominium means investors interested in buying before construction, then be sold back after his unit was completed. While long-term investment condo means investors will buy and then sold again in 5-10 years."Both short and long term, investment condo has a rapid return on investment," he said.Evie added advantages of investing in a condo when compared to other investments, stocks for example, has a small risk. According to his observations, to date there is never a condominium resale value falls or cheap."The advantage of a condo investment because the price goes up from year to year. If there is any risk, it's because developers do hold of his project," he said.Investment condos currently supported by the occupancy is not limited to expatriates only. Evie said, local consumers in Jakarta is now being switched to the vertical occupancy for reasons of limited supply of affordable homes. Moreover, he added, consumers who previously attended or are accustomed to living abroad prefer to stay in apartments or condominiums.For investors, Evie adds, there are a few tips on investing condo, such as choosing a location premium. Investors also should not buy a condo from a developer with a number of units very much, and bought as pre-sales, then sold as condominiums are already finished. Condominium for sale by 2-3 years with a profit can reach 80%.