What is the best way to manage configuration or properties in Mendix?

New to Mendix platform. Would like to understand what is the best way to manage properties or configuration files in Mendix? Does it support  .properties files or .yaml files in Studio pro, similar to Java based applications?  
1 answers
  1. Write a JavaAction to parse  .properties/.yaml files and map the values to domain model entity
  2. Using microflow invoke this Java Action to use the values on pages