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Why Buying a Condo Near an Airport is Your Best Next Move
March 20, 2023 by Gabriel Magan
Are you tired of rushing to catch your flights? Do you dread the long commute to the airport, battling traffic, and worrying about missing your flight? What if there is a a solution that can make your travel experience more convenient, save you time and money, and even offer you a potentially lucrative investment opportunity? Yes, you heard it right! Buying a condo near an airport might just be your best next move. If you're in the market for a new property and value convenience and accessibility, have you considered purchasing a condominium in Las Pinas near NAIA?
In this blog post, you will explore the numerous benefits of living near an airport, debunk some common misconceptions, and provide you with a comprehensive guide to help you make an informed decision. So buckle up, and let's take off on this exciting journey!
Benefits of Living Near an Airport
Amenity for Travel
The most obvious benefit of living near an airport is the comfort it offers for air travel. With proximity to the airport, you can significantly reduce your travel time, avoid traffic congestion, and have easy access to transportation facilities such as taxis, buses, and trains. Additionally, living near an airport can be a lifesaver during emergency situations, enabling you to make a quick exit and reach your destination on time.
Imagine waking up every morning to the breathtaking views of Hermosa, a luxurious and modern condominium village situated in the heart of Las Piñas City. This exclusive community is located within the Vista Global South township development, a massive 100-hectare master-planned community that offers the perfect blend of modern living and natural beauty.
If you're looking for a place to call home, Hermosa is a perfect choice. With 2.9 hectares of lush greenery, state-of-the-art amenities, and world-class architecture, this is the perfect place to live the life you've always dreamed of. And the best part? It's only a 15-minute drive away from the airport, making it the perfect choice for frequent travelers.
Potential for Higher Rental Income
Another benefit of living near an airport is the potential for higher rental income. With the increasing demand for short-term rentals and the high rental rates near airports, you can generate a significant amount of passive income by renting out your property to travelers. Additionally, you can benefit from increased occupancy rates, especially during peak travel seasons.
Potential for Higher Property Value Appreciation
The proximity of an airport can also increase property value appreciation. Developing neighborhoods near airports are often sought after, and properties in these areas tend to appreciate faster than those in other residential areas. The positive impact of airports on the local economy can also contribute to increased property value.
Addressing Concerns about Living Near an Airport
One of the most common concerns about living near an airport is noise pollution. The loud noise of aircraft engines can cause irritation, sleep disturbances, and stress to nearby residents. Long-term exposure to aircraft noise has also been linked to the development of high blood pressure, heart disease, and cardiac arrhythmia. However, researchers have found that living near an airport's flight path does not necessarily increase the risk of these health conditions, especially if you live in an area with relatively low levels of noise pollution.
To mitigate the impact of noise pollution, property buyers should research the noise levels in the areas surrounding the airport and choose properties that have noise-reducing features such as soundproof windows and doors. They should also be aware of the airport's quiet noise requirements and the measures taken by the airport and government agencies to reduce noise pollution.
But what makes the Hermosa a good place to live in (or even invest in) is because of its distance. While the Hermosa is close to NAIA, people who will live in the condominium in Las Pinas do not have to worry about noise pollution at all. From both airport and city noise.
Civil Aviation Authority of the Philippines (CAAP)
In the Philippines, the government agency that oversees and regulates all aspects of civil aviation and plays a crucial role in ensuring safety and security for air travelers is the Civil Aviation Authority of the Philippines (CAAP). The CAAP is responsible for regulating, implementing, and enforcing policies on civil aviation to promote safety, security, and efficiency in air transportation in the country. It is also responsible for issuing licenses, certificates, and permits to aviation personnel, as well as registering aircraft and overseeing their maintenance, repair, and overhaul activities.
In the United States, the Federal Aviation Administration (FAA) is the one who plays a vital role in ensuring that American airports are safe and secure for air travelers. Their regulations and oversight help to maintain the highest standards of safety and efficiency in the aviation industry.
Living near an airport also presents health risks associated with air pollution. The main source of air pollution near airports is the planes' fuel emissions. Exposure to these emissions can cause respiratory problems and conditions such as asthma and lung cancer. Additionally, the proximity to the airport can increase the risk of natural disasters such as plane crashes and fires, especially in areas with high traffic.
To minimize the impact of air pollution, property buyers should research the air quality in the areas surrounding the airport and choose properties that have air filtration systems and ventilation. They should also be aware of the measures taken by the airport to reduce air pollution, such as using cleaner fuel and implementing emissions control programs.
Factors to Consider Before Buying a Condo Near an Airport
Researching the Area
Before buying a condo near an airport, it's essential to research the area thoroughly. Property buyers should consider factors such as neighborhood safety, and access to amenities such as healthcare facilities, childcare centers, restaurants, coffee shops, and grocery stores. In addition to that, the location of Hermosa's property is highly convenient as it is situated within walking distance from Dear Joe and in close proximity to several lifestyle centers such as Vista Mall Global South, SM Mall of Asia, and SM Southmall. They should also research the noise and air pollution levels in the area and the airport's flight path to determine the potential impact on their health and quality of life.
Property buyers should also consider the features of the condo they plan to purchase. They should look for properties with noise-reducing features such as soundproof windows and doors, air filtration systems, and ventilation. They should also consider the orientation of the property to minimize the impact of noise pollution.
Furthermore, property buyers should research the building's history to determine if it has been subject to noise and air pollution complaints in the past. They should also inquire about the building's management policies and procedures for addressing noise and air pollution concerns.
Living near an airport, such as a condo near NAIA, can offer numerous benefits, including nicety for air travel, the potential for higher rental income, and property value appreciation.
Researching the area thoroughly, considering property features, and evaluating the long-term impact on the property's resale value can help property buyers make an informed decision. With careful research and planning, living near an airport can be a smart move for property buyers who value convenience and proximity to transportation facilities.
Related Blog: DOT Aiming to Improve Airports: Is Investing in Properties Near Airports a Good Idea?