I NEED HELP - COMMERCIAL PROPERTY MARKET
Hi, I am a realtor from the Philippines. We all know that LOCATION is very important to us when investing. Okay, I have this 170 million property in the heart of Baguio city. It is a commercial along the road building in downtown area. It generates 800,000 per month gross income from 2015 to 2016.
My concern for this is that, the amount of the property is quite high but deserves to where it is located and based too the current real estate market in the area which I find it hard to sell as most of my clients are looking for just a 3million to 5million residential property and others cannot afford that 15 million apartment for sale how much more this 170m property?
The help I need here is that, I would like to know who are my target market for this and how to sell this property?
Thank you so much!