Where do you see yourself in 10 to 15 years? Whether it’s a happy neighborhood where the little ones can play freely, an office for your own enterprise, or enjoying long-term travel, you can attain these dreams through strategic decisions. With smart real estate investments you can begin today, you can look forward to a bright and secure future.
Right time for real estate
Having your own property may seem like something to think about near middle-age, but making the right investment at this time in your life can open up many opportunities for you and your loved ones later. The financial and other benefits are plenty. In your 20s to 30s, time is your best asset and finding a strategically-located residence can mean its increased value over the years. This means that the home you own can build wealth for you, saving you rent if you live there or giving you passive income as an appealing rental for future tenants. Investing early in real estate also means greater financial protection from economic fluctuations because you have been able to lock in payment terms you can afford.
There are also more personal rewards. Committing to property investment while you’re young means learning about fiscal responsibility and problem-solving, and mastering them by the time you’ve moved on to bigger work roles. This will help you grow your cash flow even more. Socially, you also become more invested in the relationships within the neighborhood and become involved in the growth of the community. And of course, there’s the fulfillment that comes with successful homeownership.
Factors to consider
But before taking the plunge, do background work. Determine the amount you can commit to for 10 to 15 years and get your financial affairs in order so you’re ready when opportunity strikes. Developments in their pre-selling phase can sell out quickly so being ready can help you get better deals. But while price is important, consider it with the property’s potential. Is it in a good location that is secure and accessible? Is it near the institutions that matter to you – schools, hospitals, commercial centers, churches, and others? Is upcoming infrastructure being built around the location? What options and amenities are offered by the developer? Can the property accommodate growth and change? The answers can help you determine if you and your family or your future tenants will be attracted to living there. It’s a good idea to research locations that are forecasted to appreciate over time and can offer a range of units that will fit the lifestyle you envision.
Property developers today are competing to appeal to young professionals whose disposable income is expected to grow with the improving Philippine economy. Among the sites on the rise is the North Belton Communities (NBC) by Eton Properties Philippines, Inc. Located in always-growing Quezon City, it is a balance of accessibility and exclusivity – near medical facilities, schools, commercial and transportation hubs of Novaliches, and yet distanced enough from the most congested parts of Metro Manila. With a choice of units to fit the needs of young families and up-and-comers, and a range of amenities like swimming pools, clubhouses, and indoor and outdoor play areas, homes in NBC can be practical options for first-time home buyers.
NBC’s three subdivisions present an array of relaxing and generously spaced residential choices, all accessible from major thoroughfares Quirino Highway, Mindanao Avenue, EDSA, and the North Luzon Expressway. The 5.2-hectare West Wing Villas feature American-style homes. Its 70-150sqm units ranging from single-detached to duplexes are designed to promote a healthy, balanced lifestyle of productivity and rest, with amenities just steps away. Down the road, there’s already a supermarket and an upcoming shopping complex.
Another exclusive community is the West Wing Residences. Spacious yet secure, it offers enviable comfort with its two- to four-bedroom residences. Families raising children can enjoy quality bonding time taking strolls or watching clouds as they pass by. There’s also the assurance that comes with being close to a major medical facility and college, leisure and entertainment options.
For those who prefer condominiums’ urban vibe while still distanced from the hustle, The Manors has 10 five-storey residential buildings of flexible studios to stylish three-bedroom units. Positioned as an address of aspiration and success, it enjoins start-up families, young professionals on-the-go, and overseas workers looking to settle back home to enjoy the rewarding lifestyle they deserve.
Whether used as space for you and your loved ones or a personal wealth-building asset through rentals or sale, a wise choice of property will provide financial stability and security for your future.
Eton Properties is the real estate brand of the Lucio Tan Group, one of the biggest business conglomerates in the Philippines. Its foreign counterpart, Eton Properties Ltd, is an established real estate brand in Hong Kong and mainland China. With an extensive land bank in strategic locations all over the country, Eton specializes in high-end and mid-income high-rise and horizontal residential developments, office projects, commercial centers and mixed-use township developments.