November 5, 2024
Effortless income from your Makati condo
It’s no secret that a residential address in Makati City is sought after...
DMCI Homes Corporate Center, 1321 Apolinario Street, Bangkal, Makati City, Metro Manila, PH 1233
June 29, 2023
It’s no secret that buying a property is one of the best investments one can make. Real estate provides substantial returns as property prices almost always appreciate through time even when kept idle.
Buying property is a big-ticket decision. Here are some of the factors that you need to consider in coming up with the best investment option to suit your needs:
Identifying where to acquire a property is usually the starting point for a prospective owner as this will narrow down your investment options. This detail is unique to real estate investments as property is immovable, so this is the best place to start.
Individuals with bigger disposable incomes who want bigger returns in the long term are better off acquiring properties in urban centers like Metro Manila or in areas close to business districts. Meanwhile, those who want to buy property at a cheaper investment cost will find good deals on properties which are far from commercial hubs.
The choice of location also determines the environment that immediately surrounds your property. What kind of vibe are you looking for? Living in the center of central business districts (CBDs) may be ideal for buyers who maintain active lifestyles as properties in these areas are usually surrounded by establishments for work and leisure. However, there are very few developments left that can accommodate new residents due to high demand in these locations. If there is any, it comes with a hefty price.
An alternative option is to find a property in peripheral areas of CBDs. Its proximity allows for convenient access to your workplace or the nearby shopping centers, while also offering a relatively quieter environment compared to the bustling commercial strip. You can also acquire a property in these fringe locations for half the cost of those at the heart of CBDs.
Together with location, the ease of traveling to and from your property is also a decision point. These days, there is greater emphasis on multimodal transportation, meaning residents are moving away from cars and now prefer to commute or bike around. Potential homeowners gravitate towards properties in areas designed to provide ease of access to commuting channels such as trains, bus terminals, and bicycle lanes.
With the ongoing construction of the MRT Line 7 and the Metro Manila Subway, portions of Metro Manila are undergoing transformation into transit-oriented developments. By investing in condominium projects situated in close proximity to these areas, one can secure a property that offers the convenience of seamless future travel. For example, DMCI Homes’ The Erin Heights is located close to the MRT-7’s Tandang Sora Station in Quezon City while The Crestmont is just a stone’s throw away from the existing MRT-3 Quezon Avenue station and the future Grand Central Station which links three train lines with the forthcoming subway system. Many other DMCI Homes projects are conveniently located near main thoroughfares like EDSA, such as Brio Tower in Makati and Zinnia Towers in Quezon City. Further, Brixton Place in Pasig is right in front of the Kalayaan Bridge heading to Bonifacio Global City in Taguig.
Choosing the property to acquire depends heavily on what the buyer plans to achieve with the investment. Do you want a residential lot, commercial space for lease, or perhaps a farm to get started in agribusiness?
Those looking to buy residential property will find townhouses, subdivision lots, and condominium units as viable options to achieve their investment goal, whether it’s for their own use or to generate rental profits. Those who want bigger investment returns can consider acquiring lots or buildings which are adjacent to business districts so that they are more likely to find tenants at prime rental rates. Meanwhile, those looking to get into farming should be on the lookout for agricultural lots for sale in rural areas.
Do you want immediate gains or are you willing to wait it out? This is another point to consider when looking at property investments. A quick approach to real estate is to buy a property that’s ready for occupancy (RFO), which you can immediately live in or rent out to a tenant. However, be prepared to shell out a bigger amount as RFO units are sold at a premium. Those who are not in a rush to make a profit will find that buying properties during the pre-selling stage will give them higher returns in the long run with a lower investment outlay.
Waiting for pre-selling projects also allows you to secure a place in areas with ongoing infrastructure enhancements. Fortis Residences along Chino Roces Avenue is a good example. The property, which is currently at pre-selling stage, will be at the center of the Makati Southwest Gateway that is being redeveloped and rebranded by the city government as its newest mixed-use area.
Real estate is a low-risk investment that entails long-term commitment, so it’s important to buy property from a reputable developer. You want to maximize the use and longevity of your asset, and this quality assurance can be provided by developers with a proven track record of delivering structurally sound projects on time. For peace of mind, potential property buyers can visit completed projects from the same developer to see if the company can deliver what it promised during the selling period. Buyers can also see for themselves if the quality of the construction is up to standard. You can even ask for feedback from current residents about their experience in that property.
Investing in real estate is a major decision, and it’s best to start by identifying your personal goals, as this will enable you to select the most suitable property that aligns with your objectives. DMCI Homes has developed a wide portfolio of property developments in various locations in the Philippines which can meet every investor’s needs.
Over the past 24 years, DMCI Homes has successfully constructed over 80 high-rise condominiums, more than 60 mid-rise developments, five subdivisions, and one leisure resort. These impressive achievements span across various locations, ranging from Metro Manila to Baguio City in North Luzon, Boracay Island in the Visayas, and Davao City in Mindanao.
Fulfill your property investment goals with DMCI Homes, the first developer to reach Quadruple A rating for contractors in the country. The company’s track record of stability and integrity provides assurance to potential property buyers regarding the quality of their developments.
DMCI Homes is the Philippines’ first Quadruple A real estate developer known for building quality resort-inspired communities in Mega Manila, Baguio, Boracay and Davao City. The company’s portfolio boasts of more than 60 properties since it was launched in 1999.
To learn more about DMCI Homes’ pre-selling and ready-for-occupancy projects, units for lease, and special promos, call (632) 5324-8888. You can also visit leasing.dmcihomes.com to know more about opportunities in leasing and rent-to-own programs of DMCI Homes. News and other updates are also posted on the company’s official website and its social media accounts on Facebook, Twitter, Instagram, and YouTube.