Recent content by FinnDale

Neighbourhood boundaries may be doing more work than your overall Manila label suggests. At this price level, two small multifamily properties can have similar unit counts but very different buyer pools because of the immediate street and access. Are the quick sales concentrated in one part of...

I would compare total cost over the five fixed years, but also show the remaining principal at the end. Add every arrangement fee, then model any overpayments you realistically expect to make. APR can be informative, yet it may reflect a longer holding period than yours. Is PHP 16,820,000 the...

The sample definition has to come first. Does “focused on coastal homes” mean Madrid-based demand for homes elsewhere, properties marketed to Madrid buyers, or something different? Until that is clear, neither 63 days nor +0.2% can be compared sensibly with a broader Madrid property sample.

A 12% discount is substantial. My concern is that 24 days on the market may not give me enough leverage to justify it. The Manila new-build flat is listed at PHP 29,290,000 and still requires some updating. Other advertised units are priced around the same level, although I have not located...

Agreed on needing the calculation, but I would not dismiss asking-price reductions entirely. Even without completed sales, reductions can show that sellers are adjusting expectations. The limitation is that they do not tell us the final discount, and withdrawn listings may conceal unsuccessful...

That distinction is helpful. The PHP 20,060,000 is still a top-line budget test rather than a properly separated contractor price, so I need to pull the non-construction items out and make the allowances visible. Would you open selected areas before tender, or leave hidden plumbing and wall...

A simple next step would be to build three columns for each property: cash cost, owner time and exit difficulty. Put utilities, maintenance, reserves and vacancy in the first; tenant turnover and coordination in the second; likely buyer pool and any transfer restrictions in the third. Then...

Run three simple scenarios: retain at the current rent, retain after an increase, and replace the tenant at the higher asking rent. For the third, deduct realistic vacancy time, refurbishment, advertising or letting costs, and the risk that the final agreed rent is below asking. Keep deposit...

I have checked that PHP 20,060,000 can cover a broad refurbishment of this 80 m² Manila condo on paper. What remains unclear is how much of that figure would survive the exclusions once contractors inspect an older building. The likely work includes a new kitchen and bathrooms, replacement...

Don’t assume the multifamily is automatically simpler. It may spread some building costs, but tenant turnover, vacancies and management can create a steady stream of smaller tasks. First establish exactly what the shared reserves cover, their current balance, and whether major work is...

I’m not convinced catchment should sit at thread level. A market report may cover several neighbourhoods or schools, and boundaries or admissions relevance may not match the area used for the property discussion. A filter could then imply more precision than the post contains. A standard tag...

Ask each firm to put the fee basis and exclusions into one written breakdown, then price any optional work separately. Also request the name and role of the day-to-day contact, expected reply time, holiday cover, and who attends negotiations and closing. For comparables, ask why each apartment...

The PHP 8,990 monthly gap initially looked large, but the current tenant's dependable payments and upkeep made me view it differently. Comparable Manila duplexes are being advertised near PHP 97,150, while this tenancy is at about PHP 88,160. An advertised figure is not guaranteed income, and a...

Run the turnover calculation before choosing a figure. Include realistic vacancy time, cleaning or refurbishment, advertising or agent costs, and the possibility that a replacement tenant negotiates below PHP 143,600. Compare that total with the extra rent you would actually collect over the...

I’d also be cautious about listings described as four-bedroom where one room is really a small service room or converted space. Ask for a floor plan and room dimensions before arranging viewings. For structural condition, maintenance claims alone are not enough; make any serious offer subject to...