Buying a Home? Here's Why Monsoon is the Best Time to Invest in Real Estate

Indeed, real estate investing is an all-year-round opportunity. Whether it is summer or rainy season in the Philippines, you can still get the best housing deals and packages in the real estate market. From Real Estate Investment Trusts (REITS) to commercial real estate investment property, you will definitely earn more benefits in a few years.

So if you are having doubts about investing during the monsoon season, we listed some of the best reasons why it is the best time to buy residential real estate property in the Philippines.

7 Reasons Real Estate Investment is Best During Monsoon

Many investors prefer to delay their real estate transactions during monsoons. But experts say that it is actually the right time to invest in real estate properties, especially if you opt for affordable house and lot Philippines. Here are the reasons why.

1. Lower Property Prices and Reduced Competition

The monsoon season in the Philippines offers an opportunity for investors to capitalize on lower property prices and reduced competition. Thus, it enables them to secure investment properties at more affordable rates.

2. Increased Rental Demand and Regular Income

The heavy rainfall during the monsoon season drives a surge in rental demand. So, it also provides investors with the potential for regular rental income from residential properties as people seek shelter from the weather.

3. Investment Potential and Long-Term Profit

Moreover, investing in real estate during the monsoon season in the Philippines offers a lucrative opportunity for long-term profits, as real property values tend to appreciate over time. This presents a strong investment potential, making it an attractive choice for investors in the country.

4. Construction Delays and Bargaining Power

During the monsoon season, the rainy weather can result in construction delays, providing investors with an advantageous position to negotiate favorable terms with real estate developers. And this includes the potential to secure lower prices or flexible payment options, enhancing investment prospects.

5. Access to Online Platforms and Location-Specific Opportunities

Since aspiring buyers have limited movement during the monsoon season, many developers switch to online real estate platforms to reach potential clients. This offers convenient access to a wide range of properties, allowing investors to explore and evaluate specific locations in the Philippines for investment opportunities in residential, commercial, or industrial real estate.

6. Opportunity to Identify Structural Issues

Investing during the monsoon season enables investors to uncover potential structural issues in real estate properties. Hence, it also empowers them to make well-informed decisions after conducting comprehensive site visits and thorough inspections.

7. Potential for Appreciation

Lastly, the monsoon season also presents the opportunity for residential property values to appreciate over time, enabling investors to reap capital gains upon future property sales. This makes monsoon investments potentially profitable for investors seeking long-term returns.

5 Common Misconceptions About Investing During Rainy Season in Philippines

Did you know that many investors have lost investment opportunities during the rainy season? Most of them believe the following misconceptions about investing in real estate during monsoon.

Property Damage and Maintenance

One misconception is that rainy seasons lead to extensive property damage and higher maintenance costs. However, properties can withstand heavy rain and remain in good condition if you have chosen a reputable property developer.

Limited Rental Demand

Some believe that rental demand decreases during the rainy season due to perceived inconveniences. But, in reality, the demand for rental properties often remains steady as people seek shelter from the rain, providing consistent rental income opportunities.

Depreciating Property Values

Another misconception is that property values decline during the rainy season. Note that property values are determined by various factors, such as location, demand, and market trends, rather than solely being influenced by weather conditions.

Inability to Conduct Site Visits

It is often assumed that rainy weather restricts the ability to conduct thorough site visits and inspections. But site visits can still be conducted effectively with proper planning and scheduling to assess properties and make informed decisions.

Limited Investment Opportunities

Some investors believe that the rainy season limits investment opportunities in real estate. On the contrary, this season can present unique advantages and the potential for negotiating favorable terms with sellers, creating attractive investment prospects.

How to Get the Best Deals in Real Estate Investing During Monsoon

If you're willing to buy a property during the monsoon season, you're more likely to get a better deal. This is because sellers are more motivated to sell during this time, as they may be eager to move before the rains start. Thus, it is all about timing by following these helpful tips.

Conduct Thorough Due Diligence

Before making any investment decisions, conduct thorough due diligence on the property you're interested in. Pay attention to factors such as drainage systems, flood risk, and construction quality to ensure that the property is well-prepared for the rainy season. Hiring a professional inspector would be ideal to assess the property's structural integrity and identify any potential issues.

Seek Flood-Resistant Locations

Focus on investing in areas with good drainage infrastructure and a history of minimal flood incidents. Research flood maps, consult local authorities, and engage with real estate professionals who have expertise in the specific location. Choosing flood-resistant locations can help minimize the risk of property damage and maintain property value during heavy rainfall.

Build a Strong Network

Develop a strong network of professionals, including real estate agents, lawyers, inspectors, and contractors, who have experience in dealing with real estate investments during the monsoon season. They can provide valuable insights, advice, and support throughout the investment process, ensuring that you make informed decisions and mitigate potential risks effectively.

Keep in mind that the best deals are often snapped up quickly, regardless of the season. But the most important thing is that you find a home that fits within your budget and lifestyle. 

Fortunately, Lumina Homes offer affordable house and lot properties situated in flood-free zone areas. These are also homes that can withstand typhoons and heavy rainfall during monsoons. Rest assured, your family and valuables are safe and secure from any disaster caused by the rainy season.

For complete details of our affordable house and lot for sale units, check out our property listings page or visit the Lumina admin office.