There's been a continual demand for property in Manila, Philippines, due to the strength of its business district, making the city an ideal location for luxury residential developments.
According to The International Monetary Fund (IMF), last year the Philippine economy saw a 7.3% growth - the highest in 34 years - which has highlighted the country's strength within the global market.
James McCormack, Fitch Ratings, recently reported in relation to keeping its stable outlook for the Philippines because of the country's monetary and financial stability, "The Philippine banking sector is reasonably isolated from what's been going on internationally, that includes both exposure to sub-prime and other assets with questionable values."
The high demand for apartments in Manila continues to rise and now the opportunity is being offered to international investors in the UK and Europe to be a part of Manila's first iconic waterfront development, the Acqua Private Residence.
Located at the meeting point of two cities, Mandaluyong and Makati, Acqua is easily accessible via the newly-constructed Estrella-Pantaleon Bridge and is the first development to take shape on the historic Pasig River.
Steven Worboys, Managing Director of Property Investment specialists, Experience International states,
"The Philippines has been one of our strong market performers for a number of years now and we anticipate increased interest and growth following the UK release of Acqua Private Residence. Acqua is Century's new flagship project where we can offer our clients' strong rental yields and capital growth."
The 2009 CBRE Asian Market report showed that luxury residential rental yields in Manila were 7% - 10% and one of the highest in Asia. It is anticipated that rental yields for luxury residential apartments in Manila, especially Makati condos, will rise to 10% -13% plus in 2011, based on previous Century Property developments.
Acqua is paradise in the middle of the urban jungle and its 2.4-hectare vertical village consists of six luxury towers. Century Properties' latest masterpiece dedicates an equivalent of two times its total land area to lush greenery, enchanting water features and an abundance of open space. Amenities including a modern-day Country Club, The Pebble and shopping and dining haven, The Riverwalk Promenade are also located on Acqua's extraordinary grounds.
You can purchase a one bedroom apartment for 37,772.55 and Luxury 2 bedroom apartments start from 80,508.44. Based on the developers previously completed projects the Investors will stand to benefit from an anticipated uplift of close to 100% in prices over the construction phase, a figure expected to be exceed as it is a Riverfront Development. Along with high expected Capital Appreciation an attractive rental yields of 14% NET is projected, where the developments un-paralleled amenities accessible free of charge to the residents is set to make it one of the most desirable addresses in Manila. Also as demand for residential condominiums in Manila is very high the resale options to the domestic market or other investors are very strong.
Early investors can also benefit from Experience International's exclusive 15% UK pre-launch discount.
Should you need further information regarding Acqua Private Residence, Philippines, please contact Experience International on +44 (0) 207 321 5858 or visit www.experience-international.com.
According to The International Monetary Fund (IMF), last year the Philippine economy saw a 7.3% growth - the highest in 34 years - which has highlighted the country's strength within the global market.
James McCormack, Fitch Ratings, recently reported in relation to keeping its stable outlook for the Philippines because of the country's monetary and financial stability, "The Philippine banking sector is reasonably isolated from what's been going on internationally, that includes both exposure to sub-prime and other assets with questionable values."
The high demand for apartments in Manila continues to rise and now the opportunity is being offered to international investors in the UK and Europe to be a part of Manila's first iconic waterfront development, the Acqua Private Residence.
Located at the meeting point of two cities, Mandaluyong and Makati, Acqua is easily accessible via the newly-constructed Estrella-Pantaleon Bridge and is the first development to take shape on the historic Pasig River.
Steven Worboys, Managing Director of Property Investment specialists, Experience International states,
"The Philippines has been one of our strong market performers for a number of years now and we anticipate increased interest and growth following the UK release of Acqua Private Residence. Acqua is Century's new flagship project where we can offer our clients' strong rental yields and capital growth."
The 2009 CBRE Asian Market report showed that luxury residential rental yields in Manila were 7% - 10% and one of the highest in Asia. It is anticipated that rental yields for luxury residential apartments in Manila, especially Makati condos, will rise to 10% -13% plus in 2011, based on previous Century Property developments.
Acqua is paradise in the middle of the urban jungle and its 2.4-hectare vertical village consists of six luxury towers. Century Properties' latest masterpiece dedicates an equivalent of two times its total land area to lush greenery, enchanting water features and an abundance of open space. Amenities including a modern-day Country Club, The Pebble and shopping and dining haven, The Riverwalk Promenade are also located on Acqua's extraordinary grounds.
You can purchase a one bedroom apartment for 37,772.55 and Luxury 2 bedroom apartments start from 80,508.44. Based on the developers previously completed projects the Investors will stand to benefit from an anticipated uplift of close to 100% in prices over the construction phase, a figure expected to be exceed as it is a Riverfront Development. Along with high expected Capital Appreciation an attractive rental yields of 14% NET is projected, where the developments un-paralleled amenities accessible free of charge to the residents is set to make it one of the most desirable addresses in Manila. Also as demand for residential condominiums in Manila is very high the resale options to the domestic market or other investors are very strong.
Early investors can also benefit from Experience International's exclusive 15% UK pre-launch discount.
Should you need further information regarding Acqua Private Residence, Philippines, please contact Experience International on +44 (0) 207 321 5858 or visit www.experience-international.com.
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Follow the link to learn more about Acqua Private Residence. Or visit Experience International to speak to one of their property experts.
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