Is Condo Selling a Good Idea?

AmazingJob

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More and more buildings are being built left and right here in big cities. Mostly are already Ready for Occupancy (RFO).

I know someone who owns a condo but he said they are planning to sell it if the price is high. Do you think they can get double the price of their investment?
 
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Starmix

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More and more buildings are being built left and right here in big cities. Mostly are already Ready for Occupancy (RFO).

I know someone who owns a condo but he said they are planning to sell it if the price is high. Do you think they can get double the price of their investment?
A property like that doesn't price doesn't depreciate but appreciate so it's possible the price of the condo doubles.
 

Bisolami

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More and more buildings are being built left and right here in big cities. Mostly are already Ready for Occupancy (RFO).

I know someone who owns a condo but he said they are planning to sell it if the price is high. Do you think they can get double the price of their investment?
I don't know what condo is because this is my first time hearing about it but I will check Google to know more about it
 

AmazingJob

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I don't know what condo is because this is my first time hearing about it but I will check Google to know more about it
Condo is short word for condominium. It is a piece of property that real state agent can sell. Or the owner can sell by looking for possible buyers.
 

Magnus2022

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Condo is no popular here in Nigeria. Therefore, it does not have any market value here. In western countries, condo can be profitable business because it is flexible, cheap and can be transferred from place to place.
 

AmazingJob

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Condo is no popular here in Nigeria. Therefore, it does not have any market value here. In western countries, condo can be profitable business because it is flexible, cheap and can be transferred from place to place.
I see. I think most houses are bungalow type or two-storey type buildings.
 

Bisolami

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Condo is no popular here in Nigeria. Therefore, it does not have any market value here. In western countries, condo can be profitable business because it is flexible, cheap and can be transferred from place to place.
No someone explained to me that condo is the act of selling properties of someone else to another person with the consent of the person
 

Reedex

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The most important thing about property investment is that it appreciate in my country and it never depreciate, so you are sure to make profit from it.
 

eldavis

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Selling condos is also part or the same as real estate. This is a very lucrative business, any investment in real estate is lucrative. The most important thing is that you have legit access to the properties and you are good in marketing.
 
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