The answer is no. Like most cars, it will decrease in value as soon as you drive it off the lot. Plus, traffic is usually terrible around Metro Manila, so it’s not like you can go all Fast and Furiouswhen driving. The price also doesn’t factor in other considerations such as parking or insurance.
A new Ford Mustang may impress friends and family, however, you could be using that money more wisely. There are a number of Metro Manila condo units that cost less than the sports car. They also increase in value over time and can even provide rental returns once completed.
How about a real estate empire? Now that will really impress your friends and family. Here are a few Metro Manila condo units that are cheaper than a new Ford Mustang. You can find all of these listed on Dot Property Philippines.
Price: PHP 1,990,000
Listed by: Ortigas & Company
Circulo Verde’s Lleida Tower is perfect for young couples or budding professionals who want to be close to Ortigas Center. The 24-story condominium boasts efficient floor layouts as well as impressive amenities. In fact, 70 percent of the property has been dedicated to open space where residents can enjoy outdoor activities without leaving their neighborhood.
This is important for investors since it means the condominium will be a popular place to rent. Great facilities as well as a convenient location never decrease in value. However, a new Ford Mustang may be the fad today, but there will be a new car to take its a place tomorrow.
Price: PHP 2,370,000
Listed by: Robinsons Communities
The Pearl Place was designed specifically for the unique lifestyle of Pasig residents. The master-planned residential development offers efficiency, comfort and security with a team of Robinsons Communities property managers on hand to ensure everything operates smoothly.
Also situated near Ortigas Center, The Pearl Place is located along Pearl Drive’s corner Gold Loop. There are two residential condominium buildings and both feature a modern design that is sure to stand out from the many high-rise buildings occupying the Ortigas skyline.
Price: PHP 2,350,000
Listed by: Elite Realty PH
With resort-inspired amenities and a prime location in Taguig, Panglao Oasis is a development many people are talking about. The condominium is located along Cayetano Blvd in Taguig City, directly across from The Heritage Park. The Venti-lite technology the development utilizes includes sky gardens and air wells to maximize natural light and ventilation.
This unit listed by Elite Realty PH features two bedrooms and 36 square meters of space. The Ford Mustang only has two doors and far less space.
Find more property cheaper than a new Ford Mustang
These are just a few of the condo units in Metro Manila that are cheaper than a new Ford Mustang. You can plenty of others on Dot Property Philippines.