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OFW see potential in memorial lots

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GOLDEN Haven is an attractive memorial development. PHOTOGRAPH COURTESY OF LEMONGREENTEAPH

Recent surveys reveal overseas Filipino workers (OFW) are looking into solid investments in the Philippines that will provide passive income as they continue to toil abroad. One of the most stable and lucrative avenues is investing in properties that show robust value appreciation over the long term.

With lower bank rates due to the pandemic and the foreseeable economic upturn, finance specialists regard memorial lots as a good place to start, particularly if these are from a highly trusted real estate developer like Golden Haven Memorial Parks.

Golden Haven, a well-established memorial developer in the Philippines, is present in more than 30 major cities across the country, empowering OFW from the provinces to build a legacy in their hometowns. With memorial lots gaining close to 20 percent annual value appreciation, OFW, who comprise 10 percent of Golden Haven’s investors, are now earning from their assets that, at this time, range from P53,000 for a single lawn lot up to P10 million for mausoleums.

Investors may also benefit from a plan that includes long-term maintenance, where funds are used for the property and for overall maintenance of the park.

To date, Golden Haven is making it easy even for immigrants and residents from other countries to invest in memorial lots. With online services — available through their official website — fast-tracking transactions, they only need two valid ID to start the process.

Golden Haven provides different payment schemes and options that suit starting investors. And once full payment for the plan has been made, perpetual ownership is granted to them.

“We have consistently shown a healthy appreciation in value over the years. And for OFWs who want to ride on the momentum, Golden Haven is the way to go,” Red Rosales, COO of Golden Haven, said.

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