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Benefits that Made Houses Popular in the Philippines

Real Estate Articles December 11, 2015

What are the kinds of benefits that made houses popular and in-demand even though there are other more popular and modern types of housings in the Philippine market? According to many real estate experts, the reason why houses are still in-demand in the Philippines is because of the many new houses introduced in the Philippine market.


What Made Houses Popular in the Philippines

The reason why houses are still in-demand in the Philippines is because of its affordability compared to modern housings in the country. However, there are many new houses in the Philippines today that can offer residents a number of new benefits. One is its seclusion from the city.


More Family-Oriented Homes

Most of these new houses are not found not in residential districts, but mostly around the outskirts of Metro Manila. Because of this, these new houses can offer a seclusion that many modern Filipino families are looking for. However, in addition to its seclusion, these new houses can also offer their residents security and privacy. This is because these new houses are found in exclusive different housing communities.


These housing communities are very similar to subdivisions, though smaller, and that most houses sold in these communities are similar with each others. But what made these types of housings even more popular in the Philippine market is because of its exclusivity, which made it even more family-oriented compared to living in a typical house found in residential districts.


In addition to its environment, seclusion, as well as its exclusivity, these new houses can also offer a number of new facilities which made these new residential Philippines properties for sale even more popular. Such facilities include a swimming pool, a sports complex, recreational parks, and a playground. Because of these facilities, these new houses became more popular and in-demand, while allowing these typical types of housings to compete in today’s modern competition.


New Payment Terms

However, what made these types of residential real estate in the Philippines even more popular in the Philippine market is because of its new term of payment that made it even more popular and affordable in the Philippine market. This is because these new houses can be bought and owned while paying for it in installment.


Because of this new payment term, as well as its other modern benefits, houses became even more popular and in-demand in the market, which allowed it to grow even in today’s modern competitions. For more information visit to our site at http://www.alveoland.com.ph/

Elizabeth Williams is a business entrepreneur from Massachusetts.She’s now based in Manila and writes in her spare time for various articles including alveoland.com.ph

More Real Estate Philippines Articles

Houses Within the Philippines: Real Estate and the Way It Can Help The Overall Economy

Real Estate Articles November 20, 2015

The Philippines has weathered the economic disaster of 2008 and 2009 quite well. With the region’s economic system steadily on the rise in 2010, the Philippines real estate industry is growing, too. Nowadays, real-estate developers have been busy constructing houses and apartments. We are seeing an expansion of high-rise condo properties and commercial buildings.

Developers are aware of the value of location, so they would most likely build these houses and apartments near departmental stores and transportation areas. Houses in Manila cost more than houses in the surrounding areas and accumulate in value over time if well-maintained. However, these properties and apartments are usually not limited to Metro Manila only, but they are also in adjacent areas such as Bulacan, Rizal, and Cavite. Rows upon rows of houses are now in place instead of rice fields.

The appeal of Manila is that it is one of the most cosmopolitan places in Asia and there are parts still needing to be developed. The real estate business has targeted OFWs and expatriates living in the Philippines. The OFWs, making use of their remittances and savings, sustain this country’s economy plus they make up the bulk of people today purchasing houses in the metro. A likely scene among OFWs; they would return home and buy a new house for investment then lease to other people. The result will be extra earnings for them and their own families.

Real estate developers pride themselves with the quality of the houses in Manila. They follow rigid construction regulations placed by the government, and potential buyers cantake advantage of loan packages from the government. Real estate developers offer flexible repayment terms and low prices for these properties. The vast majority of great houses and apartments in Manila are typically in villages. These types of villages have round-the-clock security for the safety of property owners.

The cost of living in Manila is relatively more affordable compared to other major Asian cities like Tokyo and Hong Kong. In Manila, possible homeowners can buy a house which costs a million pesos while renting apartments in Manila costs even less. Folks are generally attracted to renting an apartment mainly because it is more affordable than owning a house. It might be as low as 65,000 pesos per month or more. 

Renting is also more flexible when compared with owning a house. Renters can also choose if they would want to rent a studio-type apartment, orchoose from one-, two-, or even three-bedroom apartments. A few even have the benefit of being fully-furnished and parking space for tenants who have their own cars.

The Philippines real estate expansion has made the purchase of a house cheaper and easier. People hoping to reside in the area can have their choice of homes or apartments in Manila. This year continues to be a great year for real estate developers and also for home buyers. Everyone is excited for the coming years to be much better for property expansion.

Allen Rodrigo is a real-estate expert who knows a whole lot about Philippines real estate. To find out more, and to get your household or work place options, visit ManilaEstates.com right now.

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    by on June 11, 2024 - 0 Comments

    How to Buy Property in the Philippines as a Foreigner Introduction Purchasing property in the Philippines can be a great investment, but as a foreigner, there are specific legal requirements and restrictions you must navigate. This guide will walk you through the key steps and considerations for buying property in the Philippines as a foreigner. […]