2 bedroom condo for sale Makati

This is a resale of a 2 bedroom condo unit in Signa Designer Residences, bought during pre-selling. A huge discount from the price offered by the developer is offered by the seller of this unit. Perfect for those hunting for new condo units on lower prices!

This 2 bedroom condo for sale in Makati unit is on the 17th floor of Tower 2 of this condo community. The floor area is 75.85 sqm and it comes with its own parking slot. (Parking slot is for an additional ₱1,047,000 only!)

The full turn over is expected to be this October, 2016.

2 Bedroom Unit w/ Balcony

(approx. 75.85 sqm.)

Project Perspective

Site Development Plan

Sample ROI Computation

Below is a sample computation of the Return on Investment from rentals on this particular unit, based on the going rental rates in Makati CBD, as of September, 2016. (See actual samples here)

Please note that this sample ROI computation is only for long term rentals. For short term or vacation rentals, the returns can still be a lot higher because daily/nightly rentals are always priced higher compared to long-terms.

Great discount for this 2 bedroom condo for sale Makati

Purchase price	12,218,294.25
Furnishings	350,000.00
Estimated rental income per year1	1,114,530.61
Less:
Yearly HOA dues2	63,714.00
Annual Property Taxes3	13,000.00
Maintenance expenses4	12,000.00
Insurance5	12,000
Income tax6	55,726.53
Net Income per year	958,090.08
ROI = (Net Income / Purchase Cost) * 100
ROI	7.84% per year

Notes:

1. Using the going rental rate in this area, for a similar fully-furnished condo unit.
2. Assuming P70 per sqm based on similar projects.
3. Based on a comparable property in the same area in Makati.
4. Giving an allowance of P1,000 per month. Could still be lower for a new unit.
5. Term insurance for the unit and content.
6. 5% withholding tax on gross rent.