Your House and Lot in Baguio city as an Investment
For most people, the idea of buying a house and lot only comes to mind when they have their own family. While they are still young and earning big time, they’re contented with renting an apartment in Baguio City, or perhaps, staying in a condominium for sale in Baguio City. Real estate investment has not yet gained their interest. And usually, this thought is only triggered when they are already raising their kids. This shouldn’t be the case.
As early as possible, you must plan ahead of time and prepare for the future. If you desire to get married someday and start your own family or just want to be totally prepared while you’re young and successful, start investing in a house and lot in Baguio City now. There’s nothing to lose. In fact, it’s a totally win-win investment for everyone. And, the earlier you begin, the better chances of a bigger return.
One good point to illustrate is that, real property situated in prime locations like Baguio City will mean higher price increase or appreciation. For example, you’ve bought a house and lot for only 1.2 million now in a certain location and years have passed, commercial and industrial developments have been made in the surrounding area that makes residential property in demand. This only means that with the increasing demand, you can offer the property at a higher price than the original value. You can sell it for 2 million or 3 million, for instance. Such a huge return or profit, right?
Now, that scenario is good for those single professionals. But when you are looking to get married 5 to 10 years from now, here’s how to decide when looking for that house and lot real estate investment in Baguio City for your beloved future family.
Kids are naturally active and playful. And so, your house should have a children’s playroom and a spacious living room It is even a plus if the house comes with a big front or back lawn for some outdoor sports like basketball or badminton.
Go for a minimalist design. Striking bold colors can be very hard to pair with new furniture set in the future. So the house should be painted with neutral colors. And, remember that kids will be running around so interior decorations should be minimal.
Safety and Security
Are the gates installed in such a way that it’s impossible for intruders to come in? Are you able to install CCTV or any gate or door alarm system? How about the crime rate in the area?
The house and lot should be in a location where travelling to other areas is fast and easy and you have lots of transportation options. It should be accessible to academic institutions, government agencies, shopping malls, clinics, hospitals, and of course, to your office.
How many rooms does it have? Think of your desired family in the future. How many kids do you like? How about your maid and driver’s quarter? See to it that everyone has their own quality room.
Buying a house and lot is one of the best investment paths you can make in your life today. Know more about this wonderful opportunity by getting in touch with professional consultants from Passion Magnet Marketing Realty, Inc.
Moving to Baguio City with the Whole Family? Why Buy a House than Rent?
We all dream of having a house where we can build a strong foundation for our family. However, given the high cost of residential properties around, only a few can actually afford. That is why some buyers consider renting or leasing momentarily. But the truth of the matter is -- you can save more if you buy a house and lot in Baguio City than renting. Yes, you hear that right. And, you really don’t need to pay the whole amount so you can have the property. There are now many residential developers in Baguio that only require a percentage of the total cost or selling price for the downpayment, and then, when the unit or house is completed, you can already move and just pay the rest monthly. Usually, this is possible through a housing loan. Aside from this, here are other reasons.
Relaxing Cool Climate
Majority of the people in the Philippines live in a hot and humid climate because the country is located near the equator. But amazingly and luckily, there is one distinct spot — the City of Baguio. With a ground that is 8 degrees cooler than any other areas, it is a place where many Filipinos and foreigners love to relax and live. As such, it is not new to hear local and foreign tourists in search of a house and lot or condominium for sale in Baguio City.
Best Academic Institutions
Academic institutions in Baguio provide the students peace, comfort, and the kind of environment that’s conducive to learning. With prestigious universities such as, UP Baguio, Saint Louis University, and University of the Cordilleras, you’re assured of nothing but excellence. Even the foreigners have high trust and confidence in the quality of instruction as reflected by their increasing number studying in Baguio including Koreans, Indonesians, Nigerians, and Persians. They are also impressed by the fact that many colleges and universities have dormitories where they can stay aside from buying or renting an apartment in Baguio City.
Home of Quality Local Products
Baguio is the “Shopping Capital of the Philippines” because of its quality and budget-friendly local produce, commercial products and delicacies. Find the freshest fruits and vegetables at the public market or enjoy shopping variety of goods including fashionable used clothing (ukay-ukay) at local shops and stalls.
Stable Electric Source
There is no worry about stable energy source for your gadgets and appliances because the whole city is powered by Benguet Electric Cooperative. And of course, with the city’s cool climate, you can say goodbye to high electric bills.
Your family can enjoy numerous activities be it a get together, picnic or simply a stroll to points of interest. From horses for rent to historical and religious sites, name it, Baguio has everything you need for a pleasurable stay.
So if you’re moving with the whole family, we highly recommend that you buy a house rather than rent or lease. This real estate investment in Baguio City is still the best option considering the reasons cited.
Thinking about getting a real estate agent in Baguio City? Check out Passion Magnet Marketing Realty, Inc. for Baguio’s top agents.
With real estate prices at stratospheric levels in the country, buying a condominium unit is a more affordable way into the market, especially for young people. This is why condo sales across the Philippines are at an all-time high, including in Baguio City.
Another reason a condo is a better fit then an apartment for sale in Baguio City or a single home is the price. Buying a unit proves to be more cost efficient than renting an apartment because you actually own the condo. Aside from that, living in a condominium offers more convenience because you can take advantage of the services offered by the developer to the unit owners. These include exterior maintenance, 24/7 security and for some, even laundry services.
Now, if you're thinking of buying a condominium for sale in Baguio City, here are some tips to help you get started.
Save time and effort in buying a condominium in Baguio City by seeking the help of a trusted real estate agent.
Dubbed as the “Summer Capital of the Philippines,” Baguio City is not just popular among the locals but also with international travelers. In fact, it is one of the top 10 most visited places in the country according to USA Today – with Koreans, Americans, and Japanese as the main foreign tourists. In 2014 alone, the number of Koreans all over the Philippines reached 1,175,472, a great percentage of which are in Baguio, prompting some people to consider renaming the city to Korea City. Hahaha.
But going back to our main topic, why do foreigners love Baguio? Do they actually share the same sentiment with local tourists? Let’s find out.
Oh! It’s cool in here!
Baguio, approximately 250 kilometers north of Manila, is situated in the Province of Benguet. It’s elevation above sea level greatly contributes to its cold temperature. The city’s average temperature is 19.7 degrees Celsius, cooler than its lowland neighbors.
Gosh! They have the best schools!
With the climate and environment that’s conducive to learning, no wonder, students from other parts of the Philippines or even from other countries choose to be honed by the top performing universities in Baguio such as, University of the Philippines Baguio (UP Baguio), Saint Louis University (SLU) and University of Baguio (UB).
Gee! The views are naturally breathtaking!
The mountainous topography provides a wide array of scenic vistas including the famous Burnham and Mines View Park. There’s also La Trinidad Benguet’s Strawberry Farm, which is just a few kilometers or around 30 minutes from the city proper.
Yummy! It’s a perfect destination for foodies!
Aside from the beautiful scenery, rich culture, and cool weather, the Summer Capital of the Philippines is also a home to different mouth-watering dishes and native delicacies to satisfy all sorts of craving.
Yahoo! Lots of business and investment opportunities!
Baguio has become productive not just because of its tourist spots and the like, but also due to its booming trade and commerce specifically in the areas of retail, services, and most of all, real estate. Motivated by world-class property development at a cheaper rate compared to that of the neighboring countries like Singapore, most foreigners are in search for the following real estate investment in Baguio City:
· house and lot in Baguio City
· condominium for sale in Baguio City
· apartment in Baguio City
· commercial spaces for rent in Baguio City
Want to find a real estate agent in Baguio City?
Based on these facts, it is no wonder why Baguio is a paradise for all types of traveler, especially those coming from other countries.