Condo Improvements That are Sure to Attract Tenants

Demand for affordable rental properties is on the rise in Metro Manila, according to Lamudi’s latest trend report. Properties within the PhP 15,000/month and below slowly recovered in the first quarter of 2021. If you plan on renting out your Avida Towers Ardane condo unit, there’s no better time than now.

However, listing your unit online is only half the battle. The competition in the condominium rental market is fierce. If you want to attract tenants, your property needs to stand out.

Here are upgrades that can improve your unit’s value. 

Make it Smart

More and more people are embracing smart technology in the country. Over 98.5% of internet users in the Philippines use a smartphone, according to the Digital 2021 report by Hootsuite and We Are Social. Smart home devices like voice-activated lights and appliances are sure to wow your potential tenants. 

Make your condo smarter with these essential smart home gadgets.

• Add a smart speaker — Smart speakers are versatile devices tenants can use to play music or podcasts on command. They can also use it to search for different information online and control other smart appliances.
• Screw-in some smart bulbs — Smart bulbs let you switch the lights on or off with just a voice command. These also have dimming and color-changing capabilities to suit your tenant’s mood. 
• Make your outlets smarter — Smart plugs let your tenants control when an appliance receives power through their smart devices. This also monitors an appliance’s power consumption, making it an excellent tool for anticipating one’s electric bill costs. 

Add a Dash of Nature

Plants add color to your condominium, but they have other benefits aside from improving the look of your property. A recent study showed that taking care of a plant can lower one’s stress levels. And with gardening becoming popular during the pandemic, having a mini garden in a unit can be a big plus for some tenants.

Improve Security

Security will always be a significant concern for your tenants, even if condo complexes already have security personnel and CCTV cameras. As such, it’s always a good idea to improve your condo unit’s security features. 

Start by installing a deadbolt lock. This is more effective at securing a home than a standard knob because it has a thick latch, making it significantly more difficult to kick in. It can’t be forcefully opened with a card, either. This is because its bolt goes into the frame further, compared to a doorknob latch. 

You can improve your unit’s security further by installing surveillance cameras inside the unit. Choose one with smart capabilities, too. This way, your tenants can easily monitor their home even when they’re outside.

Consider a Repaint

Paint peeling, mold, and wall stains can discourage your prospects from renting your condominium. Make sure your walls are pristine by scrubbing them or even adding a fresh coat of paint. Ensure the color you’re choosing is neutral and easy on the eyes, like Mist Gray, Cream Neutral, or Lilac Neutral. 

Competition is fiercer than ever in the condo rental market. If you want to stand out, you need to make some upgrades to your unit. With a fresh coat of paint, improved security features, beautiful plants, and smart home devices, tenants are sure to fall in love with your property.