Rental costs for Manila properties, after all, remain profitable for unit owners. According to Numbeo.com, rental costs for a one-bedroom condo in Manila are at ₱32,524.05, which happens to be identical to Makati’s at ₱34,318.18.
Homeownership is not just for later in life.
Another interesting trend that the firm observed is how the Bay Area has succeeded Makati CBDs in terms of condo supply. This puts the Bay Area at second place, next to Fort Bonifacio in Taguig.
Apart from the peace of mind of having a quality house and lot inside a secure community, these townships offer customized options and key amenities and functions.
So why does purchasing a second home interest you so much? Is it the opportunity to grow your wealth? Is it because the idea of having a vacation home in the province intrigues you?
Maybe the “forever home” you thought you were going to retire in doesn’t seem to suit your needs and plans anymore or maybe the pandemic has forced you to rethink some of the lifestyle decisions you’ve made.
In the end, you just want a property and location that promotes healthy living, security, and functionality. It may be too difficult to address these with renovations and new installations alone.
With low-cost, flexible financing schemes, Pag-IBIG gets Filipinos affordable, quality homes at repayment terms that work best for their situation, budget, and plans. However, there is still no guarantee that your loan will get approved.
The second-largest city in the country was always built for going big, whether in culture, politics, business, or property. These are only a few of the many reasons why the demand for homes and condos in the city is just as robust.
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