November 25, 2024
LRT-1 Cavite Extension brings enhanced connectivity to Sonora Garden Residences
Residents and investors of Sonora Garden Residences in Las Piñas City h...
DMCI Homes Corporate Center, 1321 Apolinario Street, Bangkal, Makati City, Metro Manila, PH 1233
Fortis Residences | November 27, 2024
Buying real property is a great way to preserve your wealth and secure your finances for the future.
Keeping your life savings idle in the bank just won’t do it as inflation eats into your purchasing power. Interest earnings on cash deposits are too small to offset the inflation effect, too. You need to find ways to keep your money growing, and investing in real estate is a good way to do it.
Here are four reasons why you should invest in real property:
Value appreciation
Property values substantially increase over time, and is faster in places with high foot traffic. Data from the Bangko Sentral ng Pilipinas show that property prices in Metro Manila have risen by 7.7% on average between 2019-2023, faster than the 6.1% yearly average outside the region.
Nationwide, prices of condominium units have risen by 24.6% over the last five years, making it among the in-demand options for property owners. This double-digit increase in property values is definitely faster than the annual inflation rate that ranges from 2-4%, also known as the lost purchasing power due to higher prices of basic goods. For example, if you had cash in the bank and you bought a condominium unit with it today, you are able to keep that value and see it increase over time as real estate prices rise through the years. Your P5-million asset from 2024 will easily be valued more five years later, and that’s not easy to do by simply leaving your money idle as deposits.
Tangible investment
Buying real estate is also a way to maximize your enjoyment of your hard-earned money. When you buy a condominium unit, you not only have a good store of value but you can also enjoy the full benefits of the property by living in it.
Acquiring a pre-selling condominium unit at Fortis Residences, a mixed-use development by DMCI Homes Exclusive in Makati City, gives you an upscale home at the heart of a high-demand location in Metro Manila. The property is built for the premier living experience and is conveniently located within the country’s main business district. This is very promising in terms of property value appreciation and means that it can generate good returns in the future, whether you decide to sell it or rent the unit to a tenant.
Spacious unit cuts, top-notch furnishing, and bespoke property management services make your investment worth every centavo by investing in real property at Fortis Residences. Living at Fortis Residences comes with the convenience of traveling around Makati for work or leisure, and even around Metro Manila and beyond. The upscale community is also close to malls, hospitals, schools, and restaurants, while breezy corridors and lush greenery provide a relaxing abode in the middle of the urban jungle.
Diversify your portfolio
Every expert investor has said: don’t put your eggs in one basket. Apart from investing in cash, stocks, bonds, mutual funds and similar instruments, real estate is always a good addition to one’s portfolio.
Investing in property entails a relatively larger investment than other vehicles, but one will find that it’s the logical next step in building one’s assets. You cannot go wrong with investing in real estate, especially those in areas with high foot traffic and in a strategic location.
Fortis Residences is along Chino Roces Avenue, which will soon be redesigned into the Makati Southwest Gateway that’s envisioned to be a new commercial strip in the city. The growth in property values is likely to be sustained and even accelerated by this upcoming redevelopment, and this illustrates how you can preserve and grow your wealth by investing in real estate.
Source of passive income
Beyond being a store of value, buying a property also unlocks a future source of income for owners. Should you decide to invest in a condo unit, you have the option of leasing it out to a tenant. This allows you to generate rental profits, and you can also adjust the rent in step with inflation.
Units at Fortis Residences are likely to see even stronger demand as business activity in Makati will likely keep growing, making it easy for you to find a renter. Its strategic location will also allow you to collect higher rental incomes from future lessees, giving you a good income stream.
Investing in real estate is a way to make your money work for you, whether through the steady increase in property values or generating income from rental fees.
As the Philippines’ first Quadruple A developer, units at DMCI Homes provide a higher level of security for property buyers given the company’s track record of structural integrity and superb after-sales service.
Underpinned by exceptional quality that DMCI Homes has long been known for, each DMCI Homes Exclusive property is designed to possess an inherent rarity, be it in location, master plan or development features. To learn more about DMCI Homes Exclusive, call (632) 5324-8888. News and other updates are also posted on the company’s official website and its social media accounts on Facebook, X, Instagram, and YouTube.