As cases of Covid-19 are now decreasing, there’s a higher chance of going back to normal. One thing you should expect are companies going back to the office. Most companies now are maintaining a balance to make sure their employees’ well-being and productivity are not being put at stake. And one way is through a hybrid setup, where it is a combination of both working in the office and home.
One of the significant learning you can take from the experience of the pandemic is the importance of being financially stable. A good way to achieve that is through investing in properties like real estate. Now that the Philippines is slowly going back to normal, there are a lot of opportunities that come along with owning condominiums.
But the question now is where and what to buy?
When it comes to investing in real estate, you have the option to buy either RFO Condo (Ready for Occupancy) or a pre-selling condo. The main difference between RFO Condo and Pre-selling condo is their present availability. Purchasing a condo during the pre-selling stage simply means that the building is still under construction or planning stage. While on the other hand, RFO Condo is a readily available unit and can be used immediately after purchase.
Choosing between the two should depend on your financial capability and your main reason for purchasing one. Both have their advantages and disadvantages, so it is important to research, weigh many options as possible, and consider the credibility of the condo you are purchasing.
When you have done that, the next thing to decide is in what location you should invest. Location is a vital factor when it comes to real estate investment decisions, especially if you are planning to use this as your future home.
Here are some factors you should consider:
School or Work Institutions
Whether you are single or soon to have your own family, this is one of the factors you should look at. If you are currently working, it is a good idea to invest in a condominium nearby your work. If you have a family with you, you should also consider the quality of schools in the area. Whether you will live alone or with your family, considering these things will be a great help especially if one day you are planning to sell or make it available for rent. Many condo owners, use their property for profit and this could be a good opportunity for you as well in the future.
Public Transportation
Another factor to consider is public transportation. Being near to public transportations like a bus stop, MRT, LRT, and the like will provide convenience to you or your family. This is important for people who need easy access to move around and out of the area.
The neighborhood
Besides the nearby public transportation, the neighborhood is also an important factor. This means that you have to consider the nearby establishment and infrastructures of your chosen location. You must take into consideration if it has a nearby hospital, public market, shopping malls, best restaurants, parks, entertainment places, etc. Condominiums that are in areas with this kind of neighborhood make the place more livable and convenient. But it is also to consider the safety of the place, you also must check if the area will give adequate access to security.
These are just a few of the many things you should consider, so make sure to do your research before investing your hard-earned money. Some of the best locations to invest your money are condominiums that are within the business district. If you live in Metro Manila, you probably have an idea of how inconvenient it is to be stuck in traffic. Most employees are investing or renting to live in condominiums to avoid traffic and wasting time. That’s why it is always best to invest in condos in Ortigas, Makati, Quezon City, and Taguig.
Ortigas Center is one of the best business districts to invest your money in real estate. It is located within the boundaries of Pasig, Mandaluyong, and Quezon City which make the location a prosperous community to live in. More than that, Ortigas is the home of the biggest corporations like Jollibee and San Miguel. It also has an evolved urban lifestyle and has nearby establishments like SM Megamall, The Podium, Shangri-La Plaza, Robinson’s Galleria, and Greenfield District. It also has nearby schools, perfect for families with children, like St. Paul College Pasig, University of Asia and the Pacific, La Salle Greenhills, St. Pedro Poveda College, and Xavier School. For public transportation, there are nearby MRT Stations. One is located next to SM Megamall, which is the Ortigas Station, while the station on Shaw Boulevard is just nearby Shangri-La Plaza. There are also available bus stations, taxis, and FX Vans you can find around the area. With this type of neighborhood, many people want to live and invest in condos in Ortigas, especially because of the convenience it provides with the proximity to the key places within the metro.
Now that you have considered the type of real estate and the location of your condo, the final decision to make is which company to invest in. There are many available real estate developers in the Philippines and one of the best is Vista Residences.
Vista Residences provides top-tier properties which provide their tenants a living community of convenience, comfortability, and security. They both have RFO condos and pre-selling condos that you can invest in and are available in different areas in the Philippines. One of their best properties is their condos in Ortigas, which are nearby establishments and malls.
Preselling Condo in Ortigas: The Spectrum
The Spectrum is a 33-story pre-selling condo located in Julia Vargas cor. Garnet Road, Ortigas Center, Pasig City. It has amazing features and amenities including 24-hour security, Fitness and Wellness Gym, Swimming Pool, and Function Room.
RFO Condo in Ortigas: The Currency
The Currency is ready for occupancy condo in Ortigas which you can also find in Julia Vargas cor. Garnet Road, Ortigas Center, Pasig City. It offers 24-hour security, Fitness and Wellness Gym, and Function Room for its tenants. This is a 32-story with both studio and one-bedroom unit perfect for busy individuals, students, and even families.
For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.
