Pasig City, with its progressive growth and good governance, is one of the best locations to settle down and build a home. However, traditional homeownership can be quite expensive and difficult to achieve. Fortunately, with the right RFO condo in Pasig, you can enjoy the benefits of being a property owner without the associated costs and risks.
Unlike pre-selling condos, where the property is still in its planning stages, RFO condos are already built and allow for immediate move-ins, making them the ideal option for anyone looking for a unit that they can live in right away. In today’s post, we’ll discuss everything you need to know about RFO condos and share tips to help you choose the best one.
Is it Worth Buying an RFO Condo in Pasig?
It’s definitely worth it to buy an RFO condo in Pasig. As we mentioned, Pasig is a highly progressive city with an established commercial district, convenient transportation options, and reasonably-priced properties compared with other major cities in Metro Manila.
But what are RFO condos in the first place?
RFO, or ready for occupancy, condos are units that are already fully constructed and livable. Aside from this benefit, RFO condos also allow potential buyers to see and inspect their actual unit before making a purchase to ensure that it meets their needs.
By purchasing a pre-built unit, you can also avoid the stress and hassle often associated with the usual waiting periods for pre-selling condos. Additionally, RFO condos serve as an excellent investment opportunity, as property investors who are looking to lease their units can do so immediately.
Why Choose Pasig as Your Ideal Location?
If you’re planning to invest in condos for sale in the Philippines, then Pasig City should be one of your top choices. Centrally located in Metro Manila, Pasig is connected to all key areas and major business districts in the region, giving its residents the convenience of city living.
Pasig residents have access to a range of amenities and services, including shopping centers, hospitals, and schools, that help improve their quality of life.
However, despite being a major city, Pasig still retains the charm of a close-knit community and is famously known as “The Green City” for its government’s efforts in environmental preservation. Plus, its Pasig City Gallery showcases the city’s rich past, dating back to the Spanish colonization.
Checklist: How to Choose the Right RFO Condo Unit in Pasig
If you’re ready to purchase an RFO condo unit in Pasig, here is a handy checklist you can use to ensure that you are selecting the right unit for your needs:
1. Identify Your Needs and Priorities
The first step in choosing the right RFO condo for you is to identify your needs and priorities. These will dictate the condo type, size, and general location of your unit. It’s also important to consider your lifestyle needs and future plans to ensure that your new home will fit your current way of living and any future changes to your lifestyle.
If you are looking for a unit that can provide you with the comforts of condo-living, without losing the appeal of a warm and cozy home, then a mid-rise condo from Filinvest InstaHomes is right for you.
2. Budget Considerations
After determining your needs, the next thing you have to establish is your budget. Aside from the price of the actual RFO condo, you also have to consider property taxes and any additional fees, such as maintenance and association dues.
Mid-rise RFO condos are available in varying price points, with more budget options ranging between PhP 2.6 million to PhP 5.8 million and mid-priced options ranging between PhP 6 million to PhP 10 million.
It’s important to have a clear understanding of all the costs involved when purchasing an RFO condo to avoid any stress and financial strain down the road.
3. Condo Location
Once you have a general idea of what you want and what RFO condos are within your budget, you can start looking for units in locations that suit your lifestyle.
For instance, if you are moving with family, you should choose a condo that’s conveniently located near your children’s schools and has easy access to public transportation and essential amenities like supermarkets and hospitals.
4. Developer’s Reputation
Aside from the actual RFO condo, you also have to consider the developer of the property before making a purchase. When comparing potential developers, be sure to check their work history and customer feedback. Do they have a lot of complaints from residents? How did they respond to and handle negative reviews? These will help you understand if they are the right developer for you.
As a leading real estate developer in the Philippines, Filinvest designs its properties with your best interests in mind. In addition to comfortable living spaces, they also ensure that their buildings are crafted with high-quality materials that can stand the test of time, so you can have peace of mind knowing you are investing in a property that lasts.
5. Building Quality and Unit Condition
Once you have an RFO condo in mind, we recommend scheduling a visit to inspect the unit and property as a whole. Take note of the quality of the construction and examine your unit for any issues such as poor ventilation and lighting, leaks, or cracks. You can also ask about the building’s maintenance services and common areas, to ensure your comfort and safety.
6. Amenities and Features
One of the top advantages of RFO condos over traditional homes is that they come with a variety of features that improve your overall quality of life. Some common amenities you can find in condos are swimming pools and gyms, but other properties also have playgrounds and green spaces to cater to different lifestyles.
That said, it’s also important to look beyond these amenities and check the property’s essential features like their security system and elevators to see if they are secure and working properly.
7. Legal and Documentation
Before signing anything, make sure that all the legal documents presented to you are valid and that there are no legal disputes to prevent any issues later on. Plus, having the proper documentation will ensure that your ownership of the properties is legitimate and you can settle into your new home without any problems.
8. Price and Payment Terms
Compare your RFO condo choices to see which one provides the best value for money. Not all units, despite having the same price points, will have the same amenities. Plus, different developers usually offer varying payment terms and financing options so be sure to select one that suits your current financial situation.
9. Resale and Investment Potential
Even if you are planning to buy an RFO condo to live in, there’s still some benefit in choosing a unit with excellent resale or rental potential. If your future plans ever change, you can rent out the unit to earn extra income and receive a return on your investment.
10. Homeowner’s Association (HOA)
Each condominium will also have different rules and regulations from their Homeowner’s Association. Some properties don’t allow pets or any renovations to be made on the unit, so be sure to check these before finally choosing an RFO condo to avoid any potential conflicts.
RFO Condos in Pasig to Choose From:
Planning to buy an RFO condo in Pasig at Filinvest InstaHomes? Take a look at their top three choices in the area:
- Bali Oasis 2. The Bali Oasis 2 is a stunning mid-rise condo with interiors and deco inspired by the island of Bali, Indonesia. Units on this property range between 22.06 sqm and 42.8 sqm and offer a relaxing retreat for its residents.
- Capri Oasis Pasig. The Capri Oasis Pasig is another mid-rise condo that is reminiscent of the scenic Isle of Capri in Italy. With units ranging from 20.13 sqm to 43.14 sqm, it’s the perfect home for those who live alone or with family.
- One Oasis. One Oasis sits in the middle of the Ortigas Avenue Extensions, making it easily accessible to all major amenities in the area. With units on the property ranging between 20.15 sqm to 57.67 sqm, this condo is ideal for a wide range of tenants.
Conclusion: Why an RFO Condo in Pasig is Right for You
With proper research and a thorough evaluation of your needs, budget, and priorities, you can easily find the right RFO condo unit in Pasig at Filinvest InstaHomes. Their properties are strategically located across the city to give their residents the best quality of life.
They’re currently offering great discounts and flexible terms for their RFO condos, with early move-in options available, so if you’re ready to explore any of their condominiums in the area, reach out to an accredited Filinvest Real Estate Sales agent for further assistance. With the right approach, you can find a condo that meets your needs and offers a promising return on investment.
Cess is the blogger behind JourneyInsider.com. Currently, she works as a full-time SEO Manager. She enjoys being at the beach with the white sand, blue sky, and ocean breeze or having an island-hopping adventure when she’s not working hard!