Who are condo buyers in CDO?

Cagayan de Oro is enjoying a robust and increasing growth in the real estate industry. Condominiums have been proposed and built from downtown to uptown CDO. But the question is… who are these people that would most likely buy a condo unit here in the City of Golden Friendship?

For Primavera Residences Tower A, the buyers are foreigners, medical professionals, and businessmen who are mostly Kagayanons. Other groups of buyers include private employees, government employees, and overseas Filipino workers.

Most of these buyers decided to buy a condo unit not really because they want to live there but to have their units rented. And developers like ItalPinas have offered interested buyers various options to acquire properties. These developers have partnered with government agencies like Pag-ibig for affordable housing loan program.