There comes a point in every smart investor’s life when a decision must be made: what property should I invest in next? In order to answer this question though, you need to ask yourself these other questions: Are you doing this just to expand your investment portfolio or so you can have a retirement home? Do you plan to have a retirement home or is this house something you’ll have your children inherit eventually?
Regardless of your reason for getting a new home, one thing remains the same: It’s going to be an exciting and fulfilling task if you do this correctly. At the end of the day, expanding your investment portfolio and getting the most out of it will ultimately depend on what kind of property you get. Here are a couple of considerations to make when choosing a property to invest in.
Accessible Location
A major consideration that has to be made when you’re looking for a new home to invest in is its accessibility to important places. It goes without saying that living in a home that allows you not more than an hour and a half of travel time to get to and from work is an excellent trait.
However, you also have to look back at why you’re investing in a new home. Did you do so solely for expanding your portfolio? Did you plan to have a house as a retirement home? Do you plan to have it rented out? Either way, you need to make sure that medical and education institutions are close by to tend to you and your loved ones. Note as well that the closer your property is to these places, along with other establishments, shopping malls and offices, its value goes higher on top of it appreciating over the years.
You might also want to consider a location that’s relatively quiet. Whether you’re in the city or somewhere close by, getting a place that gets you away from the noise of traffic or anything highly-urbanized can really help when you’re trying to savor time with your family and home.
Priveya Hills is an excellent example because it’s not only 20 minutes away from Cebu and Mandaue City. It’s also because it’s conveniently located near commercial establishments and other major institutions like hospitals and schools.
A Lot Of Space
Whether you’re investing in a retirement home, planning to have a house rented or both, space is an important factor to consider. Space gives you more than just the ability to create another room or store more items. It gives you the capacity to be more creative not only in the context of shaping a specific room, but also in the memories you can create within it. Not to mention the creativity that comes with fitting certain items in a relatively small room. It also helps morale knowing you have enough space to move around in.
If you’re looking for lots, you might need to consider its shape and size. After all, they sometimes come in different shapes and sizes and it’ll be helpful to know what it’s like in case a problem occurs. Of course, knowing this also allows you to start getting creative with where you want to put parts of your house. How big should the garage be? Is there space for a pool or an extended garden? Could I put a small playground for my kids that they can frolic around and play with? These are questions that need to be answered when looking at lot sizes available.
Priveya Hills’ lot sizes range from 401 square meters to 901 square meters, making it an excellent choice for those looking for a large space to convert into a home. With a starting price of around PHP13,000,000, you can be sure that this is an investment worth every penny.
Amenities Available
As far as amenities are concerned, you have to consider who you’re living with and if it’ll make sense to have it near your location. For example, if you or your future renter has a large family and look forward to celebrating every members’ milestones and birthdays, perhaps having a large clubhouse or maybe a large indoor pool might make sense. If you and your partner are fitness enthusiasts who go to the gym on a daily basis, having a gym is a definite plus.
If you’re considering a modest lifestyle with just the essentials, then maybe just having a few amenities can cut it. As an example, Priveya hills has the Priveya Hills Clubhouse where you can hold events to celebrate important life milestones or deliberate with a group in one of its function rooms in the Social Hall.
There’s also the Priveya North Hills Park where you can take a short five to ten minute walk after a long day of work. If you like playing basketball and volleyball with friends or just look forward to playing with others in the neighborhood, Priveya Hills has a covered court that you can play in. As an added value, you have access to all these wonderful amenities through Priveya’s Spine Road, a path that extends to most of the horizontal development.
The Developer’s Reputation
Last, but most certainly not least, you need to watch out for a certain property’s developer. At the end of the day, whether you’re establishing a home that’s going to last for generations, looking to add to your investment portfolio, or both, knowing who you’re working with can make the difference between a good deal or one that you’ll have to pay for in the coming years.
After all, a developer’s reputation precedes the quality of a horizontal project. More or less, its reputation and the values it allegedly stands for is the unspoken promise it makes to you in case you want to make a purchase from them. So knowing which developer resonates with you and your values is definitely a plus.
Enter AboitizLand, a 25-year old developer hailing from Aboitiz and Company that measures their success through the number of lives they’ve uplifted. If you’re looking for a developer that consistently finds better, more sustainable ways to live, AboitizLand is definitely one that you should put on top of your list. With projects that span across Visayas and Luzon, AboitizLand’s exceptionally-planned communities put value in natural and manmade environments, thereby helping uplift the quality of life of its residents.
AboitizLand is also known for its proficiency in creating value for those willing to invest in its properties. As an example, Priveya Hills’ (along with other AboitizLand communities) value is expected to go up solely because of Cebu’s several infrastructure projects.
With Priveya Hills, AboitizLand aims to continue to provide luxury living to those who seek a prime, private, and privileged way to live. If you’re interested in getting one of its lots, visit this webpage: https://aboitizland.com/priveya-hills/. Feel free to email aboitizland@aboitiz.com.
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