Finding a good Metro Manila investment property doesn’t require you to become a real estate expert. But it is important that you know what to look for. This will ensure you don’t place your hard earned money into a place that doesn’t increase in value.
No matter if you plan on living in the residence or rent it out, there are a few traits that a good Metro Manila investment property will have. Finding an investment property with these characteristics increases the likelihood it will perform.
Real estate is location driven so it should come as no surprise that this is paramount when searching for a good Metro Manila investment property. However, what constitutes being in a good location can vary.
For example, properties situated near key business landmarks, such as the Makati Business District, are almost always in high demand. That’s because people always want to live close to where they work. There is also usually a lack of new developments being launched in highly built-up business hubs due to a scarcity of land.
Not everyone is able to secure a property in these areas for this very reason. That’s why residences near transportation also make for good investment properties. Being close to MRT and LRT lines or the EDSA usually creates higher than average demand and stronger capital appreciation.
Apart from location, it’s important to consider the developer behind the project. A proven homebuilder with a track record of success can provide peace of mind when choosing a good Metro Manila investment property. They will know which location, facilities and materials add value to a project and make it desirable.
Filinvest, through its Apire by Filinvest brand, is one Philippine developer with experience creating residential developments in Metro Manila that are sound investments. The company has launched a pair of new projects that will not only be coveted places to live, but double as strong investment properties.
The first project is 100 West in Makati. The area is already home to a booming rental market and continuously surging land values that makes the area an ideal choice for a real estate investment with maximum growth potential.
The dynamic high-rise development has been designed for the lifestyles of the city’s busy professionals. The modern Scandinavian-inspired residential units, prime BPO office spaces, and three-storey lifestyle mall make 100 West an ideal investment tool for both local and international buyers.
Activa Flex is another development from Filinvest that can be considered a good Metro Manila investment property. The project is situated in Cubao, one of Quezon City’s busiest districts. The centrally-located Activa Flex connects to the North and South via EDSA, and also close to MRT and LRT lines.
Not only is there a selection of amenities found inside Activa Flex, but the residential project is part of a large mixed-use development that combines all aspects of life in one holistic environment. In addition to the residential tower, there is also an office tower, mall and hotel on-site making it a place where anyone can live, work and play. And by creating a destination, Filinvest has managed to capture extra value that buyers will be able to take advantage.