Investment Property Philippines

Investment Property in Philippines

Lancaster - Atrium Towers - Philippines

Disregard the Philippines at your peril. A genuine Asian tiger, Philippines GDP has been rising at over 5% year on year and the Filipino peso appreciated a staggering 20% against the $USD since de-pegging just 12 months previously. The capital city of Manila has fast become a major South East Asian trading post and is now competing against Bangkok as the commercial gateway to the East. The capital's central business district of Makati is where it's all at.

Summary

Pricing: £27,000 - £97,000;
Bedrooms: Studio up to 3 bedrooms
Development Type: Apartment
Listing Type: Sale

Click here to enquire about this property >

Lancaster The Atrium apartments are available for sale now, prices below include fixtures, fittings, furniture and all dressing items (such as tableware, glassware, bedding, cutlery etc) -- the units essentially come totally ready to rent:

i) Studios range from 28m2 to 32m2 and cost circa 26,000 GBP
ii) 1 beds range from 44m2 to 62m2 and cost circa 40,000 GBP
iii) 2 beds range from 74m2 to 76m2 and cost circa 69,000 GBP
iv) 3 beds are 106m2 and cost circa 97,000 GBP

Rental and Management:

Buyers taking up properties in Lancaster The Atrium have the option to lease their unit back to the in-house management company and obtain a rental yield, which conservatively is expected to be around 8% of the property purchase price, rising up to 12% after the first two or three years of operations.

Tenure:

Foreigners can own property in the Philippines on a freehold basis, provided that the property falls under the Condominium Jurisdiction, which the Lancaster Atrium does, so foreigners can benefit by owning these on a freehold basis.

Investment Potential

This investment opportunity is second to none; the Filipino economy is delivering sustained yet aggressive growth and this is your chance to own real estate in the capital. Lancaster The Atrium's location is a diamond site, in the heart of the central business district. The units are keenly priced offering the chance for substantial capital growth, whereas the interest free credit allows buyers to spread their payments thus reducing the amount of cash required to make the purchase. The units can come fully furnished, fully managed and ready to rent. Take advantage of this hands free, high returning investment opportunity.

Philippines Market

Disregard the Philippines at your peril. A genuine Asian tiger, Philippines GDP has been rising at over 5% year on year and the Filipino peso appreciated a staggering 20% against the $USD since de-pegging just 12 months previously. The capital city of Manila has fast become a major South East Asian trading post and is now competing against Bangkok as the commercial gateway to the East. The capital's central business district of Makati is where it's all at.

An ever increasing abundance of multi-national corporations, established Filipino companies, 5 star hotels, exclusive restaurants and the world's first 24 hour floodlit golf course for busy executives has made Makati the location of choice for serious global investors. The time is now, and Lancaster the Atrium Tower represents best of breed city real estate, promising higher than average yields (circa12%) and exceptional growth (off plan prices per m2 in this district have grown by 40% in the last 24 months).

Facilities

• Guaranteed Finance
• Rental Management Company

Click here to enquire about this property >