5 Reasons Why Condo is a Good Investment in the Philippines

The real estate market in the Philippines has grown over the past years. Recent data shows that demand for residential properties are coming to full swing as the market is marked with optimism with sectors opening up and returning to on-site work is being encouraged. In general, properties are seen as good investments not just because of the flourishing industry but also because of the fact they appreciate in value.

As what former United States President, Franklin D. Roosevelt has said, Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”

While investing in real estate isnt the easiest thing to do, buying a home as soon as you can is always better as you can reap all the benefits of having your property for longer. 

Condo units are one of the most viable and affordable property investment options. Aside from the convenience of condo living, they also spell out opportunities for many enterprising individuals.

Here are more reasons why buying a condo is considered a good investment. 

Condo Investments - One Lancaster Park

1. Affordability (as compared to other kinds of properties)

There are so many condo property options in the current local market and for sure, there is a project available for every income segment on the spectrum.

There are high-end, luxury condos from which heavy investors can rake in huge profits. Likewise, there are affordable projects that are low-cost and offer flexible payment terms and in-house financing.

Compared to buying a house and lot, investors can definitely bank on the more affordable deals and the wide variety of options offered by condo developers. 

Condo Living in Philippines - One Lancaster Park
Close up of wooden coffee table in stylish interior

2. Minimal upkeep

Typical condo fees generally always include a contribution toward the building’s upkeep and maintenance, but they may also include heat, water, sewer, garbage collection fees, security and others. This is a shared cost and so condo property owners benefit from the value it delivers. 

3. Good neighborhood

Most condo buildings are situated in coveted areas where residents have access to a bevy of business, lifestyle, and retail establishments

Aside from that, condo properties are also known for communal spaces, such as parks, patios, or rooftops, where residents can get together and get to know one another better. This is not just about having a good neighborhood but promoting a sense of community as well. 

Living in a Condo - One Lancaster Park

4. Topnotch amenities

Condo properties are typically known for their amenities like a pool, rooftop terraces, or a fitness center. You can enjoy these amenities right where you live without the need to pay extra for gym fees, pool access and others. 

5. Resale and renting value appreciate over time

The property economy continues to grow. Condos in key locations are seen to have high resale value especially among the middle to upper class market segments making it a good investment. They also prove to be prime rental spaces because of the popularity of staycations and airbnb’s plus the recent influx of people who prefer to live closer to work than commuting every day.

Condo Living in Philippines - One Lancaster Park

Your best condo investment is here. 

One Lancaster Park (OLP) is the first and only condominium project in Lancaster New City, Imus, Cavite that combines the convenience of the metro with the safety and open-air feel of suburban living. OLP is developed by Famtech Properties Inc., a joint venture between property innovator PH1 World Developers Inc. and housing developer Property Company of Friends Inc. (ProFriends).

Located at Lancaster Square New City, Brgy. Alapan II-B, Imus City, Cavite, it is just a 10-minute drive from Cavite Expressway (Cavitex) and 30 minutes from Ninoy Aquino International Airport and SM Mall of Asia.

At One Lancaster Park, you can embrace a full  life with no worries. You can rest easy residing in a safe sanctuary equipped with 24/7 surveillance and CCTVs, smart cards, power generators, fire detection sprinkler system, perimeter fences and more.

The property also has topnotch amenities like family bonding zones, kids zones, active zones and pocket gardens. It also boasts a 7-hectare park that is available and exclusive to residents. Retails stores are also expected to rise within the property.

Truly, One Lancaster Park is a good investment and is worth every penny.

One Lancaster Park Tower 1 is expected to be completed by the first quarter of 2024 and another tower is set to rise soon. 

For more information, visit https://www.onelancasterpark.com.ph or send a message via Facebook and Instagram.

You may also call 0917 852 8114 or visit their showroom located at The Square Lancaster New City, Advincula Avenue, Imus City, Cavite.

One Lancaster Park, Cavite – A safe Real Estate Investment

Home buyers today, especially starter families, are more discerning in choosing their living spaces. Post-pandemic, more people appreciate the value of large and open areas, safety and convenience as part of their lifestyle.

One Lancaster Park (OLP) is the first and only condominium project in Lancaster New City, Imus, Cavite that combines the convenience of the metro with the safety and open-air feel of suburban living. OLP is developed by Famtech Properties Inc., a joint venture between property innovator PH1 World Developers Inc. and housing developer Property Company of Friends Inc. (ProFriends).

Famtech aims to be at the forefront of innovative, family-centric developments by using advanced engineering and technology. OLP will be built by leading Filipino engineering and infrastructure innovator Megawide Construction Corp.

Located at Lancaster Square New City, Brgy. Alapan II-B, Imus City, Cavite, it is just a 10-minute drive from Cavite Expressway (Cavitex) and 30 minutes from Ninoy Aquino International Airport and SM Mall of Asia.

“We offer family-friendly homes and residences that promote safety and convenience through innovation and engineering technology. One Lancaster Park is the first condominium project in Cavite that makes condo living safer, more convenient and more flexible with easy access to goods and services,” said Gigi Alcantara, president of Famtech Properties Inc.  

A safe investment

A safe space for your Family

Condo Amenities - One Lancaster Park

OLP is located inside Lancaster New City, a successful township with an established track record of value appreciation. 

OLP is equipped with 24/7 CCTV in common areas and around the perimeter to ensure exclusivity and security. The property is also equipped with fire detection systems, power generators and an onsite clinic.

Elevators and residential units are only accessible through smart cards and basement parking access is done exclusively through secured entry points.

Buy Condo in Cavite - One Lancaster Park

Lancaster New City is a community where space meets security, devoting 70% of its 10-hectares to open spaces and lush greenery which all OLP residents can enjoy.

One Lancaster Park itself will have a modern and minimalist structure with units designed for efficiency. Unlike usual condominium units, OLP’s design maximizes usable space while minimizing areas that require regular maintenance. Child safety is a priority within units with electrical outlets strategically placed out of reach yet within vital common areas.

Easy commute to both private and public transportation

Condo units for sale in Imus - One Lancaster Park

Located in Imus City, One Lancaster Park is less than an hour away from Metro Manila and with multiple access roads such as Cavite Expressway (Cavitex), Cavite-Laguna Expressway (CALAX) and South Luzon Expressway via MCX-Daang Hari Exit.

The Lancaster New City Link Bus System also provides residents with ease of commute as it stops right in front of One Lancaster Park. It connects to multiple locations in Cavite and to the Paranaque Integrated Terminal Exchange (PITX), making daily commute cheaper and more accessible.

“With its unique safety features, ease of commute, and quality engineering by Megawide, One Lancaster Park is your safe and worthy first investment,” shared Alcantara.

One Lancaster Park Tower 1 is expected to be completed by the first quarter of 2024.

For more information, visit https://www.onelancasterpark.com.ph or send a message via Facebook @oneLancasterparkofficial.

You may also call 09178488246 or visit their showroom located at The Square Lancaster New City, Advincula Avenue, Imus City, Cavite.

What to Look For When Buying Your Next Home

Buying your next home is not just tough, it’s a highly personal decision too. There are, after all, a lot of things to consider when buying a property especially if it’s a place where you plan to settle. From location to the specific details like layout and amenities, it is important that you are able to rank your needs and decide which are your negotiable and which are deal breakers. 

Below are the top 5 considerations you should take note of when evaluating properties.

One Bedroom Condo in Cavite

1. House Size

Do you plan to live alone? Or will you be with family? If you will be with people, how many are adults? And how many are kids? Will you have pets? 

The size of the place you should buy will depend on your needs and preferences. If you have a large family or plan on starting one soon, youll probably need to look at bigger spaces with a couple of bedrooms and bathrooms. On the other hand, if you’re just solo or it’s just you and a partner, it may make more sense and be more affordable to look at smaller units. 

Consider also the kind of furnishings you want to make and a possible pet space in case you’re planning to bring a furry friend with you. There are definitely a myriad of ways to decorate your next home.

 

2. Project Location

You can change a lot of things about your new home except its location. It is important to consider that when you choose your next space, you also check on its proximity to your work, ease of access, area traffic, noise from neighbors and the entire vibe of the area. Also think about access to parks, publics transportation and other establishments. You can also research on the possible developments planned around the location that could possibly increase the property’s value (just in case you plan to resell it in the future).

 

3. Home Safety

Safety is a top most priority especially nowadays. It is always better to live in a home that has 24-hour security and CCTV cameras installed all over.

Make sure also that hallways and units are equipped with fire sprinklers, smoke detectors and fire distinguishers.

 

4. Reputation of developer

It is essential that you check the track record of the developer whenever you are trying to view properties. Transacting with a reputable developer reduces the likelihood of encountering scams and other fraudulent activities plus, there’s a huge assurance that they will deliver their promises on time. 

5. Amenities

We all love amenities. These are facilities that make life more comfortable and convenient for people. Examples of amenities include a gym, pocket gardens, swimming pool, concierge, guest suites, activity areas and more. 

Speaking of comfortable spaces, there is a new property in the South that is definitely a good candidate for your next home. 

One Lancaster Park (OLP) is the first and only condominium project in Lancaster New City, Imus, Cavite that combines the convenience of the metro combined with the tranquility of the suburbs. 

OLP is developed by the reputable Famtech Properties Inc., a joint venture between property innovator PH1 World Developers Inc. and housing developer Property Company of Friends Inc. (ProFriends).

Located at Lancaster Square New City, Brgy. Alapan II-B, Imus City, Cavite, it is just a 10-minute drive from Cavite Expressway (Cavitex) and 30 minutes from Ninoy Aquino International Airport and SM Mall of Asia. There will also be numerous developments in the area that will definitely make the property worth increase further.

At One Lancaster Park, you can embrace a full  life with no worries. You can rest easy residing in a safe sanctuary equipped with 24/7 surveillance and CCTVs, smart cards, power generators, fire detection sprinkler system, perimeter fences and more. Surely, it is a safe and worthy investment

The property also has topnotch amenities like family bonding zones, kids zones, active zones and pocket gardens. 

One Lancaster Park Tower 1 is expected to be completed by the first quarter of 2024.

For more information, visit https://www.onelancasterpark.com.ph or send a message via Facebook and Instagram.

You may also call 09178528114 or visit our showroom located at The Square Lancaster New City, Advincula Avenue, Imus City, Cavite.