Manila bay area Stretches across the cities of Pasay in the South and Manila in the north. The Philippine Government started Rehabilitation at the Baywalk in Manila in 2019. Although it has garnered different reactions, it creates a space for safe and cleared waterways that had to be done because of solid waste mismanagement and peoples' lack of discipline.
Now that most of the Manila Bay Area is being restored, Residential Condominiums have better views. Dwellers are becoming more attracted to invest in such properties—clean waterways smell good. At the same time, this area is now better to make way for Filipino lifestyle activities like running, biking, and dates on Yachts with the water smelling and looking clean, unlike before.
Billions of dollars of investments back up the development of the Bay Area. It is home to SM Mall of Asia, the country's third-biggest mall, and the newly built, world's largest IKEA; Las Vegas-style casinos, Manila Ocean Park, theaters, Award-winning office buildings, and commercial spaces, Five-star hotels, residential condo buildings, and resorts.
Bay Area's proximity to Ninoy Aquino International (NAIA) Airport and towards the primary Central Business Districts (CBDs), Bonifacio Global City, Makati, and Ortigas makes it a perfect hub for any economic activity.
What's happening?
Bay Area development is powered by a memorandum of understanding (MoU) recently signed by the Philippine and Dutch governments to ensure sustainable development and management.
Dutch people know what it takes to live at or below sea level. Their coastal management is highly beneficial to a country like the Philippines, which is surrounded by bodies of water, which Filipinos must protect while the economy thrives.
The development along this area continuously creates massive demand for residential space, especially in the condominium market. Colliers International Philippines did the research for Real Estate. They found that developers continue their aggressive building of residential condos in the Bay Area to lower the gap between demand and supply, expecting the Bay Area to overtake other central business districts in terms of project completion of residential condominiums.
Opportunities to invest
Sky Arts by Vista Residences will rise at Gen. Malvar St. Cor. Guerrero St. & Vasquez St. Malate, Manila. This residential condo is along the historic Manila, where the highest many educational institutions are located. Schools and universities help create an educated population to secure returns on investment. This condo is also near the area that houses collegiate centers, historic structures and sites, and business establishments.
Kizuna Heights is another condo for sale specifically along Taft Avenue, Malate, Manila, near De La Salle University, Arellano University, and College of St. Benilde. This place is near Pasay and Makati City and near the top tourist attractions where guests and residents can explore culture and leisure activities in Rizal Park, the world-known walled city of Intramuros that also houses nightlife outlets, Manila Ocean Park, also numerous commercial centers such as Mall of Asia Arena, University Mall, Green Mall, and Robinson's Manila.
Vista Residences provides quality condominiums as a home for students, young professionals, and investors. These condominiums are for sale and rent with available properties: studio, 1-bedroom, and 2-bedrooms.
Would you really want to live anywhere else? Condos are the wave of the future as they provide a more affordable alternative to a house. When a foreigner needs to travel too frequently to the Philippines for business, it is wiser to stay in a condo and rent it out when out of the country. Philippines real estate's low costs, high rental yields, and property appreciation, a condo in Manila City is a great way to secure one's financial future. Vista's condo association promotes social interaction and community with a dedicated team for all exterior maintenance and repairs.
Investment opportunity for who?
Besides high-quality and affordable condo living for local people and foreigners, Filipinos working overseas are granted the opportunity to prepare for retirement by showing cash flow in the potential for every unit bought. Picture being old and just wanting to relax instead of scrounging for funds to live off of, to secure funds in cases of health issues, or the better side of spending money—to use for travels and relaxation and as a tangible asset to pass on to children.
Young professionals who become more financially secure by acquiring such properties. People cannot work forever, and buying a condo sets one up for a good start and allows time for planning to build a family at a relatively young age instead of waiting and saving up for a long time.
Purchasing a condo now cushions any person financially in cases of recession and inflation, which is currently happening. Instead of taking on the first job opportunity, it buys one some time to at least consider if the salary fits the lifestyle standards and financial goals he or she is trying to achieve. Rental yields can be used to build another business that can fund its most basic capital needs.
Newly married couples or families might want to start and take advantage of its affordability and flexible payment terms. The best opportunities are in the Metro since the major schools and multinational companies look for the best talents in this same area. A family that starts and eventually builds a secure network in Metro Manila shall have the best it has to offer.
With whom MUST be an investor partner?
Vista Residences Inc. takes pride in being the top developer in the Philippines. Investors need a reliable partner in wealth-building, so not only does Vista ensure the quality of buildings being turned over to clients, but also the team allows a person to continue making money out of rental yields by taking care of the leasing side maintenance and human resource management.
Purchase a property; you no longer have to call cleaners, handymen, or transact with long-term or short-term renters. Vista Residences leasing team takes this tedious task off your shoulders to help you make time for other important matters in your life. Making money while you sleep takes time, so get started.
If you are thinking of living in a condominium, check out Vista Residences!
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.
