Real Estate + Properties

Real Estate 101 for Couples: Investment Property Options for Newlyweds

See which types of residential properties within your budget would net you the most returns.

By: Shanice Reyes | June 11, 2019
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investment property options for newlyweds

Choosing the right investment property can net newlyweds big returns in the future.


When starting a life together, one of the most exciting activities for newlyweds is hunting for a place to live in. While owning a house is the ultimate dream of most couples, going beyond this goal and having real estate investments can make life more comfortable in the long run.

There are various investment property options for newlyweds, and each real estate investment plan has its own strategy. But how will you know if the plan suits your budget and interest? By learning about them, of course! Find out about the four ideal investment property options for newlyweds and what each offers below.


1. Basic Rental Property



real estate

Most new couples rent before moving into their dream house.


After spending on the wedding, money can be a bit tight for some newlyweds. For couples who are on a tight budget, renting is the best option since it can let them save money which can go into their dream house or for other investments. In this type, the landlord charges rent every month to cover the utilities used by the renters. When renting, the expenses will generally be for the room, electricity, and water; there are no other fees to pay like property insurance and taxes.



Renting gives the couples fewer responsibilities when it comes to home repairs or maintenance since the landowner usually takes care of it. Although the financial advantages from this type of property come from money saved and not earned, it is the best option for couples who are still establishing their careers and are expecting to move places in the immediate future.


2. Residential Property



condo

Investing in residential property has been effectively beneficial to many.


Owning a house can provide emotional and psychological security. For newlyweds who are financially well-prepared, having a residential property is a solid master plan to invest and earn. As time goes by, the value of a land or a property increases; a house is an investment which moves in tandem with inflation. Besides the price appreciation, there are tax benefits and reverse mortgage options which couples can benefit from after retirement.

With this property type, couples have the freedom to do what they want, like adding extra units or expanding their property and customizing not only the interior but also the exterior landscapes. Selling or renting out the house partially can also be an option. This type of investment is ideal for newlywed couples who are thinking of securing the future of the next generation.



3. Condominium



residential properties

Condominiums are accessible to transportation hubs and establishments.


Yuppie couples who find comfort in big cities can consider investing in a condominium property. Most condos are located near business districts, shopping malls, restaurants, and other places of interests. This type of urban living also gives the owners access to amenities like gyms, pool lounges, viewing decks, and balconies. A condominium unit is also easy to manage, and security is not a problem as well.

Over the years, the number of condo projects being constructed has been increasing. With the variety of options, the location, and the flexibility of payments, a condo is a convenient investment choice for couples. If this investment property is chosen, a condo will become a good asset when rented out at a very competitive price.


4. Rent-to-Own Home



investment property options for newlyweds

Lease option or the purchase option is good for starting investors.


Also known as lease-to-buy, rent to own homes can be good for beginner property investors. This type of investment works when a real estate investor agrees to lease a property to someone for a certain period of time, usually 1 to 3 years. The renter then may choose whether to buy the property for a predetermined amount or move out. Basically, the buyers can “test drive” the house, discerning if the property can complement their lifestyle and needs.



Just like renting an apartment, the buyers and the realtor will have a signed contract (lease agreement), and the buyer can pay monthly. If a couple opts to go this route, they can take advantage of the paid percentage and have it subtracted from the purchase price. In that way, they’d already have a hold on their dream house while they save up to pay off the complete purchase price.


Check out Yoorekka for practical real estate tips and updates on the newest properties in the Philippines.


Whether you are still on your way into building a career with your partner or starting a family, choosing the right investment plan is the key to a secured future.
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About Shanice Reyes
Shanice Reyes writes to buy herself good coffee and bike parts. When she's not writing, you can find her playing Ultimate Frisbee, traveling to new places, or hanging out with her dogs and tarantulas. Though she has an irrational fear of heights, she'd love to try sky-diving one day.
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Disclaimer: All articles in the Consumers Magazine of Yoorekka are for general information and entertainment purposes only. Although careful research has been made in writing them, Yoorekka does not make any warranty about the completeness and accuracy of all information presented in our articles. Our content is not intended to be used in place of legal, medical, or any professional advice.
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