A lot of our overseas Filipino workers (OFWs) view real property investment in the in the Philippines as more than just a business opportunity. It's a means for them to establish a solid bond with their ancestors, provide for their families, and ensure a future that extends beyond their years of work overseas. The benefits of real estate investment for overseas Filipino workers (OFWs) are examined in this essay, with particular attention paid to the opportunity for greater financial security, personal fulfillment, and a secure retirement.
These are a few of the real estate properties—the best Vista Residences properties that OFWs may enjoy—that are under ₱6 million!
Vista Shaw
With a start-selling price of Php2.1 million only, you can own a property condominium near Ortigas CBD.
In Mandaluyong, Vista Shaw condominiums by Vista Residences are among the best places to reside. Rising over Shaw Boulevard near the intersection of Laurel Street, where the former Laurel Mansion—home to President Jose P. Laurel and his family for generations—still exists, is a 38-story condominium.
There are countless opportunities with this Mandaluyong condo for sale, including the chance to live in the heart of Metro Manila's retail district, which is home to SM Megamall, Podium, Shangri-La Plaza, and Robinsons Galleria, among other malls, eateries, and commercial buildings. You can get closer to important workplaces and commercial areas thanks to the numerous transportation hubs that Vista Shaw residents have access to. Additionally, Vista Shaw is near a number of educational institutions, including St. Paul, Poveda, La Salle Greenhills, Lourdes School of Mandaluyong, and the Asian Institute of Management. Shaw Boulevard, Ortigas Avenue, and EDSA are some important thoroughfares that are close to Vista Shaw. Additionally, it is accessible by a number of transportation options, including buses, jeepneys, and MRT. This is to give Filipinos and other foreign investors the greatest possible experience.
It is widely recognized that Mandaluyong is a comfortable and cozy suburb. Numerous well-known rental properties, including EDSA Shangri-La, The Podium, and SM Megamall, are located there. If convenience is the most crucial factor, workers in the CBD or the Ortigas area can consider renting a residence in Vista Shaw. The condo close to Ortigas Center is a premium choice for wise investments. Shangri-La Place and St. Francis Shangri-La Place are both adjacent to Vista Shaw. The Makati CBD, or Central Business District, is not far from the property.
Sky Arts
With a price range of only PHP 3,500,000–PPHP 8,600,000. This is perfect for an OFW who has a kid who wants to study around the University Belt.
Gen. Malvar St. Cor. will see the rise of Sky Arts. Malate, Manila; Guerrero Street; and Vasquez Street. The 45-story, two-tower condominium complex will be perfect for the young professionals and students living in the vicinity. A range of condo units, from studio to two bedrooms in size, are available in Vista Residences' Sky Arts Manila residential condo complex. Each unit has the ideal layout and square footage to meet the needs and lifestyles of its owners.
While Vista Residences offers a range of condo towers around Metro Manila, this Malate, Manila, location offers a distinctive experience. Apart from its well-known neighborhood and other features, Sky Arts offers a modern Filipino lifestyle that is perfect for families, students, and young professionals. The greatest experiences are provided by this condo in Malate, Metro Manila, for both locals and global real estate investors.
The Loop
With prices starting at Php2.1 million, The Loop at Limketkai is Vista Residences' first high-rise project outside of Mega Manila.
The newest landmark in Cagayan de Oro, Misamis Oriental's business sector, is a 26-story tower with a modern design. The Loop is situated in Golden Friendship City, commonly referred to as Cagayan de Oro or the central business districts of Misamis Oriental.
Convenient studio to three-bedroom apartments with convenient access to entertainment are available in this condominium in CDO.
The Loop at Vista Residences is the perfect place to invest in real estate and strike a balance between work and play. Situated a short distance from all the lively venues that make up a unique and modern lifestyle experience, it allows investors to be right in the middle of things.
The fantastic features of this RFO condo in Cagayan de Oro include a fitness center, rooftop deck garden, playset-equipped playground, function room, and swimming pool. Through both passive income and long-term and short-term rentals, the condo's owners are already benefiting from their investment.
Because AllHome and Coffee Project are situated right in front of the tower, unit owners can conveniently shop for supplies and take advantage of Coffee Project's laid-back atmosphere while sipping coffee. Nearby are places to walk, such as Robinsons, banks, government offices, chic dining establishments, and Limketkai Mall. The Limketkai Mall and the tower will soon be connected by a skyway. The reviving perspective of The Loop Towers permeates the vast Limketkai Center area. The Loop Towers are safe and secure because they are part of the integrated Limketkai Center neighborhood, and roaming guards are always on duty to keep an eye on the area.
Living and investing at The Loop Towers will provide you with a place to call home in the center of Cagayan de Oro City, a premium location, without having to deal with the hassles of heavy traffic or pollution. Move closer to residing at The Loop Towers, a historic condominium complex by Vista Residences in Cagayan de Oro's Central Business District, and be at the center.
Canyon Hill
A studio apartment with a floor area of 26.25 square meters that costs only PHP 4.8 million is ideal.
The newest development of Vista Residences in the Philippines' summer capital of Baguio City, the City of Pines, is called Canyon Hill. It is close to prestigious educational institutions and well-known city landmarks. This pre-selling project is located along Pacdal Road in Baguio City and will take up 3,645 square meters. With 20–34 units per floor, the building will have nine stories. Future residents will awaken to the sight of the Cordillera Mountain and the clean, pure air of Baguio City.
The position of Canyon Hill is in the center of the city. which means that anything or everything that future residents would require for their everyday activities is extremely accessible. Imagine residing in a tranquil setting where everyone can unwind and enjoy themselves. Maybe it's after work or school after a busy day.
With studio, one-, and two-bedroom apartments with and without balconies, Canyon Hill at Vista Residences is envisioned as the ideal haven. It makes it more suitable for foreign property buyers for a condo lifestyle that lets occupants unwind and take in Pines City.
Located in the Cordillera Administrative Region of Luzon, Baguio City welcomes both locals and visitors who come to experience the country's brisk and chilly weather. Major routes like Marcos Highway and Kenon Road, also known as Quirino Highway or Naguilian Road, provide access to them.
Hawthorne Heights
The median list price for Hawthorne Heights units is just around Php5.2 million pesos.
Along Katipunan Avenue is Vista Residences' pre-selling property, Hawthorne Heights. Ideal for families, young professionals, and students, it offers studio apartments ranging from 19.50 to 21.00 square meters and one-bedroom apartments from 37.60 to 43.14 square meters. The one-bedroom and studio apartments are both completely furnished. In addition to excellent facilities, this 41-story pre-sale condo complex has parking, retail space, and residential areas. Like all other Vista Residences residential buildings, Coffee Project and AllDay will be accessible to meet the needs of both the local community and the tenants themselves.
The condo development known as Hawthorne Heights was spearheaded by Vista Residences, and its construction was concluded in December 2023. and has 51 total units, ranging from studios to one-bedroom apartments. The following amenities are available at Hawthorne Heights in Quezon City, Metro Manila: an elevator, a car park, a children's area, a library, air conditioning, a gym, internet, security, and a swimming pool.
Why should OFWs invest in Vista Residences?
Financial investment
Real estate investing can be a wise financial decision. With its flexible payment arrangements and rising property values, the contemporary real estate market offers a profitable prospect. It definitely supports steady cash flow, which is very important when considering other real estate properties. Certain asset classes offer the possibility of long-term property appreciation, including house and lot packages and condominiums.
Furthermore, rental income from these investments can provide a steady stream of income that can be used to sustain a safe retirement, pay for schooling, and meet family expenses. In the end, it seems real estate investment trusts may lessen the OFW's reliance on searching for work abroad all the time. Just choose a very reliable real estate agent when buying property.
Diversification
Diversifying an investing portfolio over multiple asset classes, including real estate, is a wise way for astute OFWs to reduce risks. As a hedge against the volatility of financial markets, real estate investment trusts are well known for their stability and long-term potential. They might increase the diversification of their investment portfolio by making real estate investments.
Personal fulfillment
It's a gratifying experience on a personal level to support the local community's expansion and development while giving back to the motherland.
Retirement Planning
Owning commercial real estate in the Philippines can be a solid retirement strategy, especially considering the geopolitical uncertainties (Israel-Palestine War, Russia-Ukraine War, Middle East conflict, etc.) that OFWs frequently confront in their host countries regarding long-term residency and employment. Retirement financial insecurity worries might be allayed by having a home or property as a safe haven.
Opportunities for Family and Community
Our migrant workers gain from real estate investment, which also helps their families by using financial capital and generating employment and housing possibilities. It helps family members reach their financial objectives, whether it's by starting a small business, building a home, or making a positive impact on the community.
Potential Tax benefits
A number of nations, including the Philippines, offer tax incentives and favorable terms for real estate investments, especially for people coming from other countries who are moving there. These incentives make these real estate property investments economically attractive.
Market Violatility
The country has seen several economic storms, but real estate markets can still be impacted by a number of factors, such as inflation, rising interest rates, and political stability. To select the greatest brand and asset, you need to do a lot of study and due diligence before making your greatest investment.
In conclusion, foreign workers who buy real estate in the Philippines have a chance to have a big and lasting impact. It provides one with financial security, personal fulfillment, and the chance to establish a deep connection with one's history. To optimize the rewards and reduce the dangers, like with any investment, it is crucial to approach it with meticulous planning, in-depth study, and expert assistance. Purchasing property is only one aspect of investing in desirable asset classes like homes and condos; another is creating a link to a safe, happy, and connected future.
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