Saint Honore, the newest Paris lifestyle residential tower in Iloilo Business Park
The current wave of reviews and forecasts describing the Philippines offering better investment advantage for real estate, especially for condominium investment in particular, attracts foreign investors, OFWs and retirees to visit the country, invest and plan their future. Real estate in the Philippines offer higher yield compare with other countries such as Hong Kong, Singapore or US.
Investment in real estate in the Philippines is presently pictured as promising as ever. But still, if you’re looking for the best investment outside major cities like Metro Manila which is relatively crowded and congested, look no further and invest down south in Iloilo Business Park, the 72-hectare business township in Mandurriao, Iloilo City. Acquaint with Iloilo City’s old-world charm and get to know your advantages of investing from condominiums to lifestyle vision.
Here are wise tips on how you can maximize your investment and stretch your mindset in investing for your advantage in real estate, particularly on condominiums:
We all know that real estate investment especially those classy condominiums costs millions of pesos. But fret no more, the good news is – real estate developers offers flexible payment scheme on pre-selling their condominiums. Instead of bulk or full payment, you can shell out portion of your income for downpayment and monthy amortization based on the unit you choose and the type of investment you want. The good thing is – you’re assured that you can invest something for yourself and your family with less stress and assurance.
Iloilo Business Park offers flexible payment options and choices for your lifestyle vision. The best thing about it is: you can pay based on your preferred payment scheme, giving you an access to a good investment option.
Artist's perspective of Lafayette Park Square, a Spanish-French fusion condo tower
Real estate or property ownership is a flexible form of investment that stays with you for as long as you know how to manage it, and knowing your goal on how to utilize it is very important. Are you planning to use it for residential purposes? Planning to lease it for profit gain? Or resell it in the future with the benefit of higher value? Whatever you decide, make sure you’re ready and plan things out so that it could give you the assurance for your investment.
Lifestyle amenities showcased in the new residential tower Saint Honore in Iloilo Business Park.
In the Philippines, if a property is located in a prime location - near malls, schools, financial institutions, hospitals and commercial centers, the value of the property is estimated to get higher coinciding with infrastructure developments in the area. For foreign investors and OFWs, some of them want a dual purpose for their property particularly with condominium units – a residential property that can easily be turned into an income generating property.
Iloilo Business Park gives you the best option to plan for your investment and lifestyle needs. Everything in the township serves a purpose, and it is interconnected with all the establishments and features of the community.
Artist's perspective of lifestyle amenities offered by the township's two residential towers - One Madison Place and The Palladium
There’s a common notion that a good real estate investment is determined by its location. True, the development of the area nearby and its location affects the value of the property. It should be located near important establishments such as malls, banks, markets, hospitals and leisure spots where people come together to make business and enjoy a cosmopolitan lifestyle. The area’s future development will affect the value of the property. New roads, edifices and other significant infrastructure developments lead to property appreciation and higher capital gain. It is very important to study the feasible development of your chosen property.
Iloilo Business Park is a vibrant 72-hectare property poised as a business and leisure township, complete with significant establishments, buildings and landmarks that support the existence of employment opportunities, business, tourism and a community where people can enjoy the lifestyle with a lot of benefits and advantages.
Iloilo Business Park, the epicenter of investment and lifestyle in Western Visayas because of its various world-class offerings to investors and Ilonggos.[/caption]
Aside from the fact that you’re buying a property for business purposes or residential reasons, it is important to know your target market and what you really want to do about it. Most real estate properties bank on a specific target market based on its location. An investor is also looking on its personal reason to enjoy his investment by combining both residential and commercial goals. Most real estate developers of commercial lots and condominiums are targeting the middle and elite class of buyers for their pre-sold condominiums and properties like commercial lots. For first-class condominiums, it costs millions of pesos. Therefore, target clients such as businessmen and OFWs who can afford it. Condominiums are often located in a community or area where there are bustling commercial activities and opportunities. Most of all, know the kind of lifestyle that you want – is it serene and tranquil but still manages to connect with the business-friendly ambiance that you need? If you intend to resell it or have it rented for profit purposes, would your client love your property’s location and ambiance?
This 2017, Megaworld will add another gorgeous lifestyle vision for homebuyers and condo lovers by showcasing another piece of Paris, a glimpse of Rue Saint Dominique, an iconic street inspired by the "City of Lights" that will take shape in Iloilo Business Park very soon.
If this is how you see it, then, choose a property located in a complete township like Iloilo Business Park where everything is within your reach, a few steps away from the kind of lifestyle that you desire and opportunities that most visionary people need.
Is the property in good shape and is it maintained properly by the management? Also, building features such as unit sizes, facilities in the common areas, the amenities, and the quality of the management services, etc. are important because it provides convenience and comfortable living to homeowners.
Each condominium differs in features, and it depends on the developer’s target market homeowners.
Condominium for starting families usually have a bigger cut of units and amenities such as playground, function rooms and swimming pool for both kids and adult. So knowing the property and condominium features is a must before buying a condo property investment. Security and maintenance are very important for your property provide by the developers because it will add assurance for your investment. If you’re an investor like OFW who works away from your invested property, you need to keep your mind at ease and confident with your investment.
Iloilo Business Park is more than just a complete township teeming with high-end lifestyle and conveniences, but a community patterned from Megaworld’s highly-successful townships that are well-managed, sustainable, secured and safe.
Invest for something exceptional and inspiring with Iloilo Business Park from its condominium towers and commercial lots. The township provides a near-complete vision of a prestigious township and ensures your investment in good hands. Live luxuriously with their condominium units that exude classy and elegant lifestyle offered by three residential towers – the contemporary-designed One Madison Place, chateau-inspired Lafayette Park Square, and the region’s tallest luxury tower with 22-floors, The Palladium.
Work in the township by enjoying a few steps away of opportunities from BPO Buildings that caters to multinational BPO companies. Enjoy the pleasures of ultimate luxury with business-class hotels such as Richmonde Hotel Iloilo and Courtyard by Marriot. Have a slice of ultimate leisure and shopping experience with Festive Walk Mall and the 1.1 Street of Festive Walk. Take pride with the city’s cultural landmark-icon, the 3,700-seater Iloilo Convention Center. The next Central Business District (CBD), a future financial center will soon rise in the 9-hectare Boutique Hotel and Commercial District of the township.
In investing for real estate property or choosing to live in exceptional condominium lifestyle, always keep in mind the true value of our investment. It is both a form of fulfillment, passion and success when you invested for the right reasons. In Iloilo Business Park, you are investing for your dreams that take shape right in front of your eyes in a short span of time.
For more investment inquiries, call (033) 330-3464 or visit us online at www.iloilobusinesspark.ph.
