Why Condo is the Best Investment for an OFW?

As an overseas filipino worker (OFW), being away from your families is NOT something you dream of for your entire life. Most of the time, especially in time of homesickness, an idea will come across you. You’ll think that if only there’s another way to earn enough money for the future, then you won’t have to endure being away from your family for so long.

Luckily, there are multiple kinds of investment which can help you prepare for you and your family’s future. If you’re finding for an investment with minimal risk, then you came into the right place.

Here are top 4 reasons why condo is the perfect investment for an OFW…


In case you haven’t heard by now, real estate investment is still the SAFEST, TANGIBLE kind of investment up to this date. Why safest? It’s because your money will definitely appreciate over time. Here’s a testimonial we got from Investmnl’s founder, herself, on how her 2.7M investment grew to 3.5M in a span of 4 years. That’s 30% increase of value. To know more about it, click this link.

But, then you’ll probably argue and say… “Affordable? 2 million pesos is no joke. Realty investment needs a lot of capital. There are businesses or franchise opportunities which I can purchase in a much smaller value.” 

That’s true. Yet, remember that since you’re looking for the safest kind of investment, then you should be ready for this rule of thumb — LOW RISK = HIGHER CAPITAL. We mentioned that it is “affordable” because it certainly is, especially when compared to house & lot properties located in prime location or within same area of the condominium.

Did you know that, as of Y2017, a decent house & lot properties at prime location fall within the 5-7M PHP range? While, the rates of condominiums range from 2-4M PHP only. That’s 3-5M PHP difference, a money you could have spent for other kinds of investment. (Note: Prime location means it’s located at the main road, near malls and supermarkets, schools, hospitals and etc. And, it must be accessible to public transportation. Prices indicated above is based on NCR realty rates.)


With the growing population of our country, it’s best to invest on people’s necessities which they can NOT live without: ex. food and home.

Try to do a random survey among your friends and ask them about their long term goals. Bet on it that “home” or decent place to live is always part of it. Since most of the people can’t afford to buy a place immediately, here’s an opportunity when you can offer your condo up for rental. Rates for renting a condo depends on location and building’s amenities. As of Y2017, renting a fully-furnished condo (24-30sqm in size) at Taft, Manila ranges from 18,000 to 25,000 PHP. Assuming you’ve paid the condo in full, you will now have additional passive monthly income of 25,000 PHP every month. That amount is already enough to support the basic needs of your growing family (ex. groceries, electricity and water bill, and etc).

Not yet convinced? You’re probably thinking “so why condo? why not a house & lot located at a not-so-prime location but with the same value as the condo located at a prime location?”  It’s simple. If you want to rent it out, buying a property within a prime location is necessary. It should be in the heart of the city. It should be located where offices, schools or universities, hospitals, shopping malls and supermarkets are within reach. Because lessees or people who rent a space, look for these qualities when checking out the location.


Another reason why investing in a condo is perfect for an OFW is the fact that it’s less maintenance. If you will rent it out for income generating purposes and assuming you got a yearly rental contract, only minimal or mostly no supervision is required. It’s different, a far cry indeed, when handling a business or a food cart franchise wherein you or someone you trust needs to be physically available to supervise your employees. Condo rental is a passive type of income. It’s definitely a perfect fit for OFW ‘s, who doesn’t want much of a hassle especially in terms of managing employees and business logistics.

Another thing is the fact that it has a 24/7 SECURITY provided by the building management. Even if no one stays at your place, you will be at peace to leave it even without a caretaker.


Whenever you visit the Philippines, you will need a place to stay. After you retire and would like to go back in the Philippines to live here for good, you will need a place to stay. Having said this, it is only logical to prepare for the future. You will need a place you can call your own, a place you can call home.

For OFW retirees who are old enough to be a grandparent, living in a condominium is your best bet. Everything is within your reach — the hospital, supermarkets, mall and etc. You’ll have no problem with your safety due to 24/7 SECURITY. Lastly, you’ll have no problem with your aching knee as well. Thanks to the condominium’s working elevators.

After considering all those 4 top reasons, do you now think that investing in a condominium is a perfect fit for an OFW? Share you thoughts by leaving a message in the comments section below. Do you find this article helpful? Share them to your friends and family by clicking the easy-to-share buttons below.  😀

Are you interested to check on the price ranges of condominiums in the Philippines, check out these links and just choose your preferred properties:

  1. SMDC
  2. AMAIA  by Ayala Land
  3. DMCI


(Note: all photos used are taken from Pixabay.com. They are under a creative commons license.)