fbpx

Promising Locations to Invest in Real Estate Right Now

By: Bianca Angeli Arellano
Promising Locations to Invest in Real Estate Right Now

Real estate in the Philippines is one of the most promising forms of investment you can make, whether you are a well-established manager or a budding entrepreneur. You will always have the option of making use of the property yourself and availing yourself of all the luxurious amenities it has to offer, or you can rent it out and make passive income from it.

A key aspect of the investment process is choosing the right property. When making this decision, it is important to look forward to the foreseeable future.

Even if you choose not to use the property for yourself, there are several investment strategies you can do to earn your money’s worth still. You can put the unit or house and lot up for rent, which would provide you with an almost steady source of cash flow for a few years. This strategy is most common among casual investors because of its tried-and-true methods. If you buy a piece of land or property, you can choose to hold it and wait for its value to increase over time; or you can develop or renovate it and sell it at its perceived higher value.

It is also important to note the major goals you have at your current life stage. Are you a new graduate seeking personal independence from your family home? Are you a newlywed couple, looking for a place to grow together as you both work towards saving up for a future ancestral home? Are you looking for a second home for your growing family, one you can quickly move into in case of emergencies? Or are you perhaps a well-grounded 50-something adult, who wants to start slowing down your career and prepare for retirement?

If you are a student just trying to get as close as possible to your school or university, then you ought to opt for a simple and affordable unit that would not make that big of a hole in your parents’ wallet. But if you are a developer and you just want to spend some hard-earned money, then purchase as many properties as you want. Whether you are a young professional looking to make the most of every minute of the day, or a seasoned businessperson looking for some peace and quiet, you need to figure out what’s right for you.

But where exactly are the best places to invest in real estate here in the Philippines? Which locations are the right ones for you to make your investment worthwhile? Here are our takes.

Makati and Mandaluyong — at the heart of the action

Makati and Mandaluyong — at the heart of the action

Find your own pace in the middle of the fast-moving business districts of Makati and Mandaluyong. There is no doubt that a luxury condominium unit in prime locations such as Salcedo Square and The Spectrum brings you closer to everything you need to make the most of your career. Its proximity to the corporate world of offices and upscale establishments gives you every right and access to treat yourself at the end of every long workday and afterward settle into bed to relaxing views of the glittering skylines. Or you can stay up with the city that never sleeps and works on those hobbies, whether they may be about decorating your unit with DIY items or making a new leap in your slow-burning passion projects. You would be able to maximize your time and resources to achieve your life goals without having to worry about commuting hours and fares.

photo of a city

If you are the type to opt for real estate investments as a form of passive income, however, know that there remains a high demand for rental spaces in such condominiums — for the same reasons of accessibility to everything you might need. For example, a unit in Laureano Di Trevi is only a few minutes away from the Coffee Project for your daily coffee fix. And 515 Shaw is just across S&R Membership Shopping, where you could stock your supply.

Significant landmarks also surround the buildings. For instance, Salcedo Square is located close to the Makati Medical Center, Ateneo de Manila University – Salcedo, and Power Plant Mall. And The Currency in Ortigas is in the vicinity of The Podium, University of Asia and the Pacific, and The Medical City Ortigas. These markers are evidence that life is closer to you than ever, no matter who you are and what you want to do. The cities of Makati and Mandaluyong remain in the beating heart of the economy and much of the country’s progress, and so you never have to worry about being left behind in the dust.

Cebu and Davao — an escape into nature

Cebu and Davao — an escape into nature

Cebu and Davao are beloved for their rich history, vibrant culture, and diverse lifestyle. In Cebu, you’re less than an hour away from key historical places such as Magellan’s Cross, the Mactan Shrine, and the Cebu Heritage Monument — as well as the internationally-acclaimed Boracay. In Davao, you can get so close to everything nature has to offer go trekking on Mount Apo, indulge in civet coffee, or escape to Samal Island. With tourists visiting and foreigners moving in, there are countless possibilities on where progress would take these two regions.

Crown Asia Samal Dock

While real estate properties in the concrete jungle of Metro Manila remain an excellent choice for high-return investments, emerging market trends and population congestion in these areas prompt investors to look elsewhere. This is where the cities of Cebu and Davao are held as perfect paragons of progress in the country. These cities are now considered as centers of trade and commerce in Visayas and Mindanao, and investors are making leaps and bounds in efforts to commercialize these regions to be on par with Metro Manila’s Makati. Both local and international investors have already flocked to these cities, due to their steadily growing economy and far-reaching developments in real estate.

Suarez Residences, Crown Asia’s primary offering in the region, is one of the most sought-after addresses in Metro Cebu. It is one of the upscale condos developed by Crown Asia, the luxury residential arm of Vista Land.

Cavite, Laguna, and Baguio — just the right amount of distance

Cavite, Laguna, and Baguio — just the right amount of distance

If you do not think that you are ready to move so far away from your many connections in the metro though, you can opt for the cities in closer proximity but are just the right amount of getaway from the pollution. In this case, Cavite, Laguna, and Baguio are the best places for you to invest in. With a perfectly laid-back environment that remains in touch with nature, you can easily carve for yourself a path to progress that matches your own pace.

Cavite, nicknamed “the Land of the Brave” for being one of the first few provinces to stoke the flames of the 1898 Philippine Revolution, is home to any type of recreation you may need — whether thrilling and exciting or calm and relaxing. You can go paragliding in Carmona or have fun in Tagaytay’s SkyRanch; have a hike on Mount Sungay, Mount Marami, Mount Nagpatong, or Mount Pico de Loro; or take part in the province’s many cultural festivals: the Valenciana Festival, Regada Festival, Sapyaw Festival, Bihisaka Festival, Pahimis Festival, and the Tinapa Festival.

Along with this vibrant Caviteño lifestyle, the province now boasts of master-planned communities in rustic Italian, charming American, and beautiful Caribbean styles: Amici, Augustine Grove, Amalfi, Caribe, Carmel, Citta Italia, La Mediterranea, Ponticelli, Vita Toscana, Vittoria, and Vivace.

Crown Asia Laguna Trees

You have most likely attended or even organized a family or corporate outing to one of Laguna’s many privately managed resorts. Aptly named as “The Resort Capital of the Philippines”, this vibrant tourist destination will quench any overworked Filipino in need of a refreshing getaway. Laguna never seems to run out of water-related and natural attractions: there are the Pagsanjan, Dampalit, and Hulugan Falls, and the Bato and Hidden Valley Springs, as well as Nuvali Park, the Japanese Garden, and the Makiling Botanical Gardens. Laguna sits at the foot of Mount Makiling and Mount Banahaw — two famous landmarks in the country — and boasts of three premium house-and-lot communities: Fortezza, La Marea, and Valenza.

Crown Asia Baguio City

Up in the north where the pine tree scents and the cold chill permeates every morning, Baguio also grows into modernity to attest to the many tourists who want to escape the country’s heat. Crown Asia’s luxury condominium offerings of Pinehill, Brenthill, and Canyon Hill allow Filipinos to experience the freshest produce of their Strawberry Farm, the colorful excitement of the Panagbenga Festival’s vibrant flowers, delicious ube jam and other sweets from Good Shepherd, and the cool morning and evening air that stand as the signatures of the Summer Capital of the Philippines — all while staying connected to their careers and workplaces.

Final thoughts

The Philippines’ 7,641 islands (at the last count) are all beautiful and beloved by every Filipino. But the land is finite, and our Earth’s resources dwindle with every passing day. We need to be smart yet compassionate with how we make our footprint in this world. Crown Asia, the luxury residential arm of Vista Land, bears this in mind, as they continuously provide quality upscale residences in the most prime of locations — the places mentioned above are only a few of many.

So now, you need to decide which is the right investment for you and your money. Think carefully about what strategy you are going to do depending on your financial capacity and the amount of time you can spare on the project. Take time to do thorough research on which locations are most attractive for you, and which ones show the most promise for the future. Keep in mind your goals and limitations — however, do not be too afraid to take risks and significant steps. After all, it’s always important to be ready for life.

Related Blog : Reasons to Invest in a House and Lot in Laguna

Category:
Related Blog