If you are thinking of how to grow your money, then investing in real estate is a good place to start. Real estate investments will provide and secure you a regular income. In order to attain this, you have to make smart choices when buying your real estate. You have to think of places near to a developing city to ensure that you will have a renter.
Uptown Residences is located inside an exclusive 15 hectare internationally planned community by Megaworld which is the leading real estate developer in the Philippines. This 15-hectare community is called Uptown Bonifacio Global City Taguig. Matt’s first real estate investment is Uptown Residences, he got a 37 square meter 1 bedroom unit for $136,000. This condominium will be turned over by 2019.
Why I chose the Philippines
Most of the cities in the US are already developed so there is a low return on investment. On the other hand, if you invest in a developing city like the Philippines, there is a big assurance of return investment. The Philippines is also one of the English-speaking countries in the world which is important in conducting meetings, asking for directions, making friends or just making a little conversation. This is also the Asia’s fastest growing economy last year, which only means that the conversion of dollars to peso will still be higher. (latest conversion when this article is written: $1 is P50.19) This just shows that this is the perfect time to invest in the Philippines.
Why I chose Uptown Bonifacio
Development – Megaworld is now building new residential condominiums including the Uptown Residences, mixed-use business and commercial developments. This area is also near the zone where British, Japanese, and American international schools are located.
Safety – Comparing to other cities in the Philippines, in order to enter Bonifacio Global City, people either commute through the designated BGC bus, rented taxis or your own car which makes it more prosper. Also, there are securities on the different area and there are patrolling around the city which is all helpful in terms of security and to assist you with directions.
Flood-free Zone – Most of the cities in Metro Manila have been experiencing flood for so many years know but now with Bonifacio Global City. BGC is the only and first city in the Philippines with flood prevention. There is a five-story cistern located in Burgos Circle which will collect rainwater and will soon be flushed to Manila Bay. Some of the cities in Metro Manila are planning to adopt this project.
Business Buildings – Uptown Bonifacio is just across the Google Office, Andrew Tan’s new Headquarter a known billionaire and owner of Mcdonalds here in the Philippines which will give you an advantage on other residences in terms of future renters. Also, Globe Telecommunication building one of the leading Philippine internet providers is just walking distance from Uptown Bonifacio. And the Philippine Stock Exchange building will be move inside BGC.
Lifestyle – In terms of social value, three hottest clubs in the Philippines, Valkyrie Nightclub, The Place Pool Club and Revel at the Palace are just across the street from Uptown Bonifacio. There is also a mall inside the community called Uptown Mall and the bottom floors of all Uptown condominium will be malls.
Why invest inside BGC
Now, that different business buildings are built and to be built here the potential of renters will be high sooner. Metro Manila traffic is the worst and it will be hard for employees to commute from their home to work that they will be pushed to rent a condominium where they can stay.
Email if you want to learn more One Uptown, Uptown Ritz or Uptown Parksuites: UptownBonifacioCondos@gmail.com (or Viber for instant chat +63 907 450 3744)
**Some photos used are from www.megaworldfort.com.ph
You can watch the video below to learn more about Matt’s first real estate investment.