When it comes to investing, real estate is often mentioned because it’s a tangible property and the general consensus is that land, especially in a prime location, only tends to appreciate. In other words, it’s usually a safe bet. Provided you have the funds to invest in real estate, it’s highly likely that it will do a good job creating passive income for you. The question then is where one ought to invest.
To be sure, there are many places all over the Philippines for which one could argue why investing there is a good idea, but the goal of this article is not to provide an exhaustive list with detailed explanations for dozens of potential investment opportunities. As the title suggests, this article is supposed to give you the elevator pitch—the 5-10 minute read written in easy-to-digest bullets—that quickly tells you why you should invest in luxury condominiums in Makati, specifically The Estate Makati developed by SMDC and Federal Land.
Let’s get to it.
1. It’s Makati – a hub of activity
Before we get into the specifics of The Estate Makati, we have to mention that any real estate investment in Makati can generally look forward to good returns.
Makati City is well-known as a city of business and leisure, with some of the best shopping and dining and biggest global brands and corporations that can be found anywhere in the country. People take trips to Makati just to try one-of-a-kind restaurants and cafes that start there or to find exclusive drops for their favorite brands. For those traveling for work instead of pleasure, literal millions of Filipinos go in and out of the city from neighboring cities every single day just to find and do work. Actually, that leads us nicely to our next point…
2. It’s easier to work in Makati if you live in Makati
Because so many Filipinos travel to and from Makati every day and because of the fact that there isn’t a very sophisticated (read: comfortable, reliable, and with an extensively connected network) means of mass transportation, encountering heavy traffic is a daily part of life. In Metro Manila, outings are often planned around traffic, as the extra travel time needs to be accounted for. Even if you have the luxury of having a driver (aka personal chauffeur) and your own personal car, that’s still time spent on the road. And time wasted is money wasted.
Thus, it pays off in reduced stress and time wasted on the road to actually live in the city. When you live in a Makati neighborhood or condominium in Makati, you get to experience the best the city has to offer while minimizing one of its most glaring downsides. Plus, who doesn’t want work to be closer to home?