The Philippines is one of the countries in Asia with the
most numbers of investors in real
estate in the past years. Through the increasing population of foreign
investors in the country, it is only proof that the Philippines has become a
prime target for real
estate and non-real-estate investments. Due to this, the Philippines
tops as the best country to invest in, which outsmarts other countries in Asia according
to US News & World Report (https://www.bworldonline.com/philippines-best-country-invest-report/)
The rising demand for real estate in the Philippines has caused a rise in the value and price of a condo in Manila. Foreign buyer inquiries surged by some two hundred (200) percent in 2018, the highest it recorded so far.
In this time of Pandemic, the Philippines has faced the worst economic downturn in 30 years, affecting the real estate prices that were set to fall by up to 15%. Despite the downfall, investors see it as an opportunity to invest more in the country by taking advantage of the lowered prices and lower bank interest rates. Due to this, the competition in real estate has become more challenging as different real estate developers, especially condominium developers, start to digitalize all the marketing efforts and to offer more relaxed payment schemes on ready for occupancy condo and preselling condoprojects, perfectly set for middle incomers.
Condominiums in Manila, one of the most in-demand locations for real estate, have started to adjust in the market to compete with other developers and to align with the market price. As a location that is accessible to all central business districts such as Quezon City and Makati City, the demand also experienced a recession but now thriving as the safety protocols are starting to be lifted.
To continue the vision in providing better homes for the millennials, young professionals, and OFWs, Vista Residences starts to offer more cost-competitive condominiums in Manila as they launch new payment terms this year, Just Got Lucky.
Just Got Lucky is the newest payment scheme of Vista Residences that was launched this 2021. Named after the sense of Chinese New Year, it aims to give out more attainable down payment and payment schedules for investors and for Filipinos who want to experience the condo living in the areas of Manila and Quezon City.
Kizuna Heights, the Vista Residences’ newly launched project along Taft Avenue, starts its selling license at an attainable price despite it being situated in ease of access location. It is offering three (3) terms:
- Regular Payment: This payment term is the most common among all condominium developers in Manila as it offers a more direct payment schedule. You can own a unit for as low as Php 21,000 monthly.
- Step-up Payment: This payment term offers a more flexible payment schedule. It is perfect even for young professionals as they can start paying their condo investment at the lowest cost. If you choose to pay with this payment term, you could have your first investment for as low as Php 15,000 monthly.
- Easy Investment: This payment is more efficient than the regular payment term for middle-incomers because you can start paying your condo unit for as low as Php 17,000 monthly.
One of the factors that we consider when purchasing a condo unit is our budget. Through these new payment terms, it allows you to choose the scheme that fits your current budget and preference. You may ask for a computation of your desired unit with our partner brokers and agents.
Vista Residences offers two kinds of financing options – bank financing and in-house financing. In-house financing is simply getting the loan directly from your developer. It does not involve third parties and requires fewer documents but with higher interest rates. Bank financing, on the other hand, has stricter eligibility requirements but have more flexible loan options and lower interest rates for you. You can have your loanable amounts loaned in either of the two available financing options of Vista Residences.
The payment terms of Vista Residences for Kizuna Heights enable every Filipinos to invest in preselling condo at a competitive cost. Having said that, you can now own a unit in Kizuna Heights for as low as Php 15,000 monthly, perfect even for those who are starting their corporate career.
Just Got Lucky promo also offers affordable payment terms in other preselling condo in Manila. Sky Arts Manila in Malate, Manila offers two different payment terms: regular payment, and easy investment. For as low as Php 21,000 monthly, you can enjoy the majestic view of Manila Bay in a location where your passion lives.
Vista Residences has a collection of ready for occupancy condo in Quezon City. Pine Crest in New Manila, and The Symphony Towers in South Triangle, Quezon City offer lighter payment terms through three options: Regular Payment and Spot Down payment. You can start with your dream investment in The Symphony Towers for as low as Php 31,000, and in Pine Crest at Php 39,000 monthly.
Indeed, Vista Residences stands by its mission in giving a comfortable condo living in a modern and within-reach location for the Filipinos.
If you are looking to buy a condominium unit to invest in, Vista Residences, the condominium development arm of the country’s largest homebuilder, Vista Land & Lifescapes, Inc. offers ready for occupancy condo and preselling condominium projects that are strategically within inner city areas, in close proximity to developed business districts and prestigious schools.
For more information on Vista Residences ready for occupancy condo units and preselling condominium projects, visit www.vistaresidences.com.ph, follow@VistaResidencesOfficial on Facebook or call the Marketing Office at 0999 886 4262 / 0917 582 5167.