We all know that Metro Manila is home to some of the nation’s most prominent financial districts, where important businesses, institutions, commercial establishments, low rise structures, high rise structure and lifestyle centers are located.
A lot of opportunities are here and there are several benefits to living in the bustling metropolis. Many people choose to live and invest in metro areas due to the rising level of urbanization and accessibility.
But if you think about moving outside the National Capital Region, it can be difficult to conceive that life can be just as interesting and fulfilling in another capital city in the Philippines if your entire childhood was spent in the capital region. But if you look at other cities, particularly those outside Metro Manila, you can see that there are areas posed for growth and therefore worth relocating to with your kids.
Top reason to live in a condominium outside Metro Manila
1. Convenience
Condominium buildings are primarily located in or close to downtown regions, giving residents easy access to the adjacent commercial and entertainment sectors. This entails residing close to places of employment, pubs and restaurants, public transportation, city center, open spaces, famous sights, a ton of activities, and especially the residents benefit.
We all understand that convenience costs us far too much money, lower expenses is up to you. The rules are yours to make!
2. Freedom
We’ve all wondered what it’s like to finally live your own life at some point. A person hopes or aspires to be able to pursue their own decisions and interests. It is extremely rewarding to feel that sense of accomplishment when you can maintain yourself without financial dependence from your other family members, be it your parents or breadwinner siblings.
When you leave your parents’ house as a young professional, you will be free to pursue your ideals and make whatever decisions you desire, including opting for compact spaces as your practical solution to living independently near your workplace.
3. Safety
Compared to single-family homes, value-packed condominiums can offer a significantly safer living environment as your personal sanctuary. The neighborhood, concierge services, and security elements are the three main contributors to this. Living in a condo is generally safe.
And they are frequently far more of a practical investment than single-family houses. To reduce hazards, there are a few things to keep in mind starting points include picking the ideal and best locations, ensuring the building is structurally strong, and becoming familiar with what to do in case of a natural disaster.
Advantages of Living in a Condominium Outside the Metro
Here are just some of the pros of living in a condominium outside the metro.
Cost-effectiveness
Condominiums beyond the confines of the busy metro areas offer a considerably cheaper housing option compared to inner-city living. It gives aspiring condo dwellers the luxury of amenities such as allowing residents to enjoy amenities such as an exercise facility, 24-hour security with surveillance cameras. tranquil landscapes, and pool area, giving the best value for money.
Fresh air and open greens
If you’ve ever been in the capital region long enough to wish to be back in the provinces, condo living outside it is a breath of fresh air, literally and figuratively. It provides a generally peaceful environment away from the city’s noise pollution and traffic congestion from both people and vehicles. Condo living outside metro, moreover, allows for more space and greenery for relaxation and leisure activities.
Proximity to the city
Having your starter home outside the metro doesn’t have to mean forgoing the advantages of living in or near urban areas. There are still strategic locations near highly urbanized cities outside the metro that allow residents proximate access to urban amenities, growing cityscape, and employment opportunities. It strikes a balance between provincial tranquility and modern convenience.
What it feels like living in a condominium outside the metro?
Just so you know, outside of the metro area, compact living is at its finest in condo communities. Traffic and commuting should be reasonable if you live in one of the Philippines’ more well-known condo buildings. Condominium developments are conveniently situated close to supermarkets, shops, banks, and major thoroughfares.
A location purchase is a long-term investment in Philippine real estate. It will just take a few minutes to get to work, saving you both time and money on gas. The daily stress brought on by getting stuck in traffic or standing in line will also be much reduced, which will be helpful to many.
Living in a condominium has become popular in recent years, particularly because many residents find it to be convenient and pleasant enough to genuinely call it their first home. Given that purchasing a house and lot or a townhouse could be highly expensive in contrast to purchasing a condo unit, which is more conducive to practical living.
Others choose condo because they make life better and more convenient, especially given that the majority of condos are located in or close to the region’s busiest neighborhoods. This is viewed as a benefit by employees and other corporate and non-corporate workers who want to travel less and spend more time with their loved ones.
Vertical homes are appealing today for another reason: they have swimming pool, gym, landscape garden, basketball court, jogging areas, and other best features. Also they are close to amenities like shopping centers, supermarkets, medical facilities, public transportation, schools, universities, and, of course, your place of employment.
It is more time and money efficient since individuals do not have to commute for great distances to work because some parts are walking distance, and whenever your condo is close to your destination, you do not have to pay for your commute on public transportation or refuel your private automobiles.
Why are Filipinos investing in condos outside Metro Manila?
In actuality, if you lived outside of our country’s capital , your life would be just as beautiful and prosperous because there’s a lot of reasons to buy property investment outside Metro Manila.
1. Variety of properties available
Having more property options outside the metro is good deal for property investments; it is a piece of real estate that has been bought with the hope of recouping the cost of the acquisition through the property’s future sale, rental income, or both.
Real estate investment is the possibility of increased cash flow. Commercial real estate may provide investors greater income possibilities, longer lease terms, and lower vacancy rates than other types of real estate.
2. Provision for bigger spaces
We are all aware of how crowded the Metro Manila region of the Philippines has grown over time because of the residential development. Compared to cities outside the region, Metro Manila has less residential properties.
A significant factor today is having lower housing and living expenses. Manila is one of Southeast Asia’s most expensive places to live in one of the example of this is the property prices, which I know won’t surprise you. Living outside of Metro Manila is not luxury as you know because of the possibility of earning and simultaneously saving money due to its lower cost of living and housing.
Invest in Real Estate Today
By making an investment in real estate, young professionals start to realize their dreams and start to enjoy the fruits of their labor because they come up on the reasons to buy properties outside Metro Manila.
The majority of them are seeking for condo projects with potential; nevertheless, they are also picky when it comes to choosing the perfect home for them, so they focus on eco-friendly location to move into, relaxed vibe, convenience and, in particular, properties that are cheaper without compromising quality.
Your future is something you should think about when investing in real estate, so having more than one home is kind of a smart idea. Therefore, considering real estate outside of Manila have many advantages because it can provide you whatever you want both now and in the future.
Why not living in a condominium that might provide you with more future benefits? There are several location outside of Metro Manila that will emerge as the next foreign tourists’ attractions. Properties in developing areas are expected to appreciate in value quickly. You won’t have to wait long to build your own house or sell them for a profit. Opportunities are available right away.
As a result, a lot of individuals are seeking for condominium projects in emerging locations in Greater Manila Area (GMA) and regional areas nationwide.
Cost-Effective Condominium Communities
If you don’t feel isolated and lonely, condo living could be much more enjoyable and meaningful. In your condo’s area, you might have friends who become family with good communication and a strong personality.
Over time, if stronger bonds are created and you have established lasting relationships with your neighbors, it will be simpler for you to request assistance when necessary or plan social gatherings that everyone can enjoy.
You may always have a friend, which would improve your ability to interact with people and communicate. Condominium investing is undoubtedly a long-term investment that will pay off for you in the long run and is one option to increase your financial stability.
One of the most sensible choices one could possibly make is to choose a condo rather than a house when purchasing real estate. But before making the crucial decision, there is a lot of critical thinking and consideration involved.
If choosing the appropriate and ideal housing property for yourself, you should take into account your financial capacity, opinions of your loved ones, your personal reasons to buy properties outside Metro Manila, and what do you envision for the future.
Asterra’s selection of thoughtfully designed spaces through its condo properties available outside but near the busy metropolis is definitely worth your while. Whether you belong to an on-the-go group of young, career-driven professionals looking for a conveniently located home, or overseas Filipinos wanting to invest in real estate, there is an Asterra condo unit that’s perfect for your goals.
Let’s have a conversation about your future plans by reaching out to us for a consultation!
