Philippine real estate industry has been growing consistently and is considered as one of Southeast Asia’s fastest economies. This makes Manila, the country’s capital city, a feasible option for a sound investment.
Investing in a condo in Manila is a bet on demographic trends. The country itself has a young and quickly growing population of skilled individuals. Moreover, despite its rapid urbanization rate with a growing middle class, real estate prices remain low yet competitive.
Heading to the north side of Manila is España Boulevard, the hip area of the city immersed in rich culture and heritage. Along with its modern approach, real estate is one of the competitive industries that makes the area active, vibrant, and a great location for condominium investment opportunities.
España Boulevard is famous for its University Belt, also known as “U-Belt” to students, residents, and transients alike. Investing in condominiums within the area makes it convenient to the students who are studying in universities, such as University of Sto. Tomas, National University, Far Eastern University, and the University of the East, to name a few.
The area is also a connecting district to Quezon City and Makati City, the central business districts (CBDs), that house a number of young professionals in the country. As CBD areas contain high-value properties, España Boulevard is an alternative to the middle-income professionals who want to live in a value-for-money condominium property while pursuing their passions, making the area bustling and thriving.
Lastly, due to its positive trend, the real estate market in España Boulevard is booming. Currently, there are fewer condominium properties in the district than the neighboring ones. However, property prices have been soaring in the past few years – yet values are still more affordable when compared with the rest of Southeast Asia.
Vista Residences, the condominium arm of the country’s largest homebuilder, Vista Land & Lifescapes, Inc., is one of the pioneers in real estate development in España since 2012. Vista Residences offers a wide-range of property investments, from ready-for-occupancy (RFO) such as 878 España, to pre-selling developments such as Bradbury Heights. It also has other condominium projects in Manila and Quezon City that are near premium universities and colleges as well as developed business districts.
Aside from the strategic location of its properties, Vista Residences makes real estate investing easier and more attractive for condo unit buyers due to its flexible payment terms and packages that suit their lifestyle needs.
Investing in a condominium in España Boulevard, Manila is a great opportunity to live in convenience where everything is within easy reach while increasing your value-investment assets over time.