Anyone who has had to leave the country’s capital knows what it’s like to be bewitched by its charm. As the French say, there is a certain “I do not know whatin Manila.
The charm of Manila Bay is no longer the monopoly of hotels, SM Development Corporation (SMDC) now presents the opportunity to own a premium address that doubles as a lucrative investment. Along Roxas Boulevard will soon rise SMDC’s Sands Residences.
Real estate services firm, Santos Knight Frank, believes the country’s real estate sector is poised to recover this year, helped by a positive economic outlook with the easing of pandemic-induced restrictions. It doesn’t matter if you are a Filipino living abroad, a foreign investor, or a local entrepreneur frequenting Manila, now remains the most opportune time to invest in pre-sale development which, over time, can serve as your own five-star bayside vacation home when you’re around and profit-generating space when you’re away.
Opulent spaces and golden sunsets
Developed by the recipient of the title Best Developer of the PropertyGuru Philippines Property Awards, SMDC’s Sands Residences showcases exclusive elegance as a luxurious 51-story community. Here, you’ll experience everything you’ve come to know and love about Manila, while immersing yourself in its tremendous growth over the years.
The development’s strategic location puts you close to your favorite destinations in the city and beyond. If you want to slow down and relax in your new home, Sands Residences offers 365 days of stunning sunsets. The grandeur of the interiors of Sands Residences, wrapped in the colors of pristine white and shimmering gold, complements this convenience and liveliness.
Its grand lobby – inspired by the sunset over Manila Bay – is an opulent gateway to the coveted lifestyle that lures those who know it. A sunset living room and sunset verandah allow residents to bask in those beautiful sunsets and, at the same time, meet the ever-changing needs of homebuyers.
It also has a lap pool and lounge, a well-equipped gymnasium, banquet halls and other facilities that ensure the well-being of its residents.
Besides offering a plethora of wellness, leisure, dining and shopping options, Sands Residences is also in the heart of Manila’s central business district and is located close to shopping malls, parks and landmarks, among others.
A new wave of opportunities
What builds on the staggering potential of SMDC’s Sands Residences as a real estate investment is the fact that it serves as a vacation home, source of retirement funds and heritage asset all rolled into one.
Everything the development has to offer goes hand in hand with SMDC’s core offerings of professional property management and leasing services. This makes managing a coveted asset all the easier, especially at a time when market demand is on the rise.
Real estate services company, Jones Lang LaSalle Philippines, says the residential condominium vacancy rate has dropped significantly from 6.8% to 5.1%, due to more relaxed restrictions in the last quarter of the year. last year. Additionally, global average prices for waterfront properties tend to be 40% higher than inland properties, while harbor view properties, in general, tend to enjoy a 59% increase in premium. , according to data from real estate consultancy Santos Knight Frank. These encouraging indicators bode well for your Sands Residences investment.
With stunning views of the bay and its coconut tree lined promenade, living along the famous Roxas Boulevard in a development planned by SMDC will certainly make you realize that Manila has never been so perfect and rewarding.
To learn more about SMDC’s Sands Residences, visit https://smdc.com/properties/sands-residences.
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