Maximizing Profit Understanding Ongoing Costs and Condo Rentals in the First Decade of Ownership
The popularity of new condos has been on the rise amongst buyers and investors in Singapore. To aid in your decision-making process, would you be interested in a comparative summary of new versus old condos? Additionally, condo rental services are also readily available for your convenience.
3. Seasonal Rentals: Depending on the location of the condo, seasonal rentals can be a profitable option. For example, if the condo is near a beach or ski resort, renting it out during peak season can generate a higher income. However, it’s crucial to research the demand for seasonal rentals in the area before investing in a condo.
2. Long-term Rentals: Renting out a condo for an extended period can also be an excellent way to generate income and offset ongoing costs. Many condo owners prefer long-term rentals as it provides a consistent and steady income stream. Additionally, long-term tenants are more likely to …