Written by: Theresa S. Samaniego
Exclusive resort communities and upscale seaside recreation areas have seen increasing popularity among affluent buyers seeking healthier residences amid the pandemic.
Over the past year, these buyers have set their sights on properties that can offer convenient access to nature, larger and safer spaces to move around, and fresh air, now considered essential in the new. normality and which are particularly lacking in the metro.
Unsurprisingly, many have started to ogle closed beach communities in the south, particularly in Batangas province. A study carried out last year by Leechiu Property Consultants (LPC) showed an increase in transactions for these communities in Batangas, with “at least 40 properties” reportedly changing hands in just a few months. The increasing demand for beach properties also resulted in an increase in land values ââfor said period.
Smart investment option
Investing in a beach property, especially today, clearly makes sense. Not only will you gain in value or profit from the property by renting it out, but you will also have access to new must-sees in the midst and beyond of the pandemic – great outdoors and nature, which would be beneficial to health. well-being.
âInvestors generally view assets as something they can enjoy or something that appreciates over time. A beachfront property is a great asset because you get both. The land is something you can enjoy now, and while you enjoy it, it continues to appreciate, âsaid Erickson Y. Manzano, President and CEO of Landco Pacific Corp.
âA wise investor usually has a diversified portfolio. If we talk about land, most people already have their main residence in the city. If you are thinking of acquiring a second, third or fourth property, a good choice would be to get another property in a different location, such as near the beach, âManzano explained in an email interview. “In addition to being able to enjoy your beach house as it rises in value, there have already been countless studies on the health benefits of living by the sea.”
Citing Landco’s experience over the past 30 years, Manzano pointed out that their beachfront developments like Punta Fuego and Playa projects have appreciated much more than their other developments in the city.
For example, Peninsula de Punta Fuego, a luxury seaside residential community in Nasugbu, Batangas, has seen its price appreciate by over one thousand percent since its launch in 1994. Prices in Punta Fuego have continued to appreciate for reach 60,000 P per mÂ² even last year. at the height of the pandemic, as many were looking for a second home in this exclusive enclave. And the same goes for its other existing projects, proof that Landco’s developments have remained relevant, especially in the midst of this protracted pandemic.
Most recent recreation area
Recently, Landco unveiled its brand new leisure tourism area under the Landco Beachtowns brand.
Club Laiya – the latest offering from the leisure real estate arm of Metro Pacific Investments Corp. (MPIC) – is poised to deliver a luxurious seaside lifestyle well suited to the postpandemic era. Its intuitive design, premium amenities, and thoughtful features within a sustainable, planned community reflect the changing needs of today’s market, providing an ideal enclave that will allow you to achieve that work-life balance. research.
âWe finished planning our BeachTowns before the pandemic started. It turns out that our design is what these times need then. In the same way that after 9/11 we will all have to go through strict airport security for the rest of our lives, there will be structural changes once this pandemic is over, some of which may (include) social distancing and lower occupancy rates required. , safety protocols like wearing masks, (and) the emphasis on the outdoors, âhe said.
âIf you look at these three, they can be easily implemented in a BeachTown development. You’re usually outside when you’re on a beach vacation, and you have all that space. And numerous studies have confirmed that the risk of infection is much lower on the outside than on the inside. Really, it’s a sanctuary, âadded Manzano.
At the same time, it is revolutionizing the concept of real estate property for Filipinos as investors have the opportunity to own high-end properties that can serve as residences, dream beach homes or second homes. a commercial structure for a resort business; or both.
Investing in Club Laiya has many advantages.
According to Manzano, you will have a titled property opposite or a short distance from the beach, in a sustainable development and planned by Landco.
âIt’s great for a beach house. It’s also great for a business. Laiya is a popular national tourist destination because of its white sand beach; row of restaurants, resorts and bars; engaging water sports activities; and a lively nightlife during high season, âhe said.
Other benefits include the appreciation in the value of your property which can be passed on to the next generation, the health benefits of living by the beach, quality time with family and friends, your sanity and the right to brag.
âOwning a beach house is the new Ferrari,â Manzano said.
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