hotels or condos in cebu

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Patryk
Posted
Posted
6 hours ago, hk blues said:

Sounds like you would be renting a nice apartment and are able to buy (in reality required to buy I'd imagine) the furnishings. Nothing unusual or innovative in that, surely?

Still face the risk of the owner deciding it's too nice to rent at x amount and kicking you out at the end of the lease and stuck with somebody else's choice of furnishings. 

I'm not convinced it's such a great opportunity. 

 

Wouldn't be easier to just purchase RTO property, then rent it out, does these properties have any dodgy agreements? It seems pretty straight forward to me, but I learned that nothing is really straight forward here

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hk blues
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Posted
16 hours ago, Patryk said:

Wouldn't be easier to just purchase RTO property, then rent it out, does these properties have any dodgy agreements? It seems pretty straight forward to me, but I learned that nothing is really straight forward here

I guess it all comes down to price - how much would an RTO cost relative to the reno apartment?  It sounds like the price is lower than market.

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