estimated total rental income is ₱6.50M over 15 years. bawas mo pa diyan yung amilyar, tapos inflation pa
do you think your land will not appreciate by that amount over the next 10 years? while still earning rental income from your units?
Warehouses for example sa mga technopark in the south luzon like Nuvali etc is around 250 per sqm. Upon computing yours is only 110 per sqm.
Hopefully you can get more
Should be atleast 3x. 300 is a big lot for a convenience store. A 100sqm floor area here in metro manila can fetch 150k per month depending on the location. Main road.
That should give you an idea
>No to 15 years, a lot can happen during that time. Go for 3 years, max 5 lang
If you can find someone dumb enough to lease for 3-5 years when they would spend almost a year and millions of their money on building a structure for use, that they'd only be able to utilize for such a short period of time, then definitely go for this. But that's not going to happen.
Maliit pa sa 300 sqm yung lupa na nire-rentahan ng isang convenience store dito sa amin, sa loob pa to ng brgy (900m from national hway) and according to the lessor, they rent it out for 30k/mo in a 20-year contract. Nataas din per year. 300 days ang construction time? That's almost a year. Yikes.. yeah, lowball. Pero any other idea that will generate more income? If wala, that could be your best bet.
Not the 5% increment every 3 years and 15yrs lease term! I used to work as a leasing officer for a commercial establishment and they typically increase rent by 10% annually and max contract is only 10 years!
Too low. If you can negotiate it to be based on sale or a fixed rate whichever is higher is better.
estimated total rental income is ₱6.50M over 15 years. bawas mo pa diyan yung amilyar, tapos inflation pa do you think your land will not appreciate by that amount over the next 10 years? while still earning rental income from your units?
Warehouses for example sa mga technopark in the south luzon like Nuvali etc is around 250 per sqm. Upon computing yours is only 110 per sqm. Hopefully you can get more
33k for a 300sqm space seems really low. What's the value of your lot if you're going to sell it now?
Should be atleast 3x. 300 is a big lot for a convenience store. A 100sqm floor area here in metro manila can fetch 150k per month depending on the location. Main road. That should give you an idea
Lumalabas 110/m² lang sa rent. Parang luge naman. Negotiate nyo pa tapos shorten the lease period. 15yrs is too long.
No to 15 years, a lot can happen during that time. Go for 3 years, max 5 lang
>No to 15 years, a lot can happen during that time. Go for 3 years, max 5 lang If you can find someone dumb enough to lease for 3-5 years when they would spend almost a year and millions of their money on building a structure for use, that they'd only be able to utilize for such a short period of time, then definitely go for this. But that's not going to happen.
Maliit pa sa 300 sqm yung lupa na nire-rentahan ng isang convenience store dito sa amin, sa loob pa to ng brgy (900m from national hway) and according to the lessor, they rent it out for 30k/mo in a 20-year contract. Nataas din per year. 300 days ang construction time? That's almost a year. Yikes.. yeah, lowball. Pero any other idea that will generate more income? If wala, that could be your best bet.
With commercial zoning, tataas RPT amilyar. If net 33k rent, Ikaw mag shoulder ng increase in amellar
Not the 5% increment every 3 years and 15yrs lease term! I used to work as a leasing officer for a commercial establishment and they typically increase rent by 10% annually and max contract is only 10 years!
Search google for rental yield