Why choose a condo along Taft Avenue? Let me rephrase this very old maxim in in real estate investing — location, location and location. It may already sound annoying but what is not so surprising is, it is still the most reliable criteria in real estate investing. Location alone can determine if your investment has the potential to give a good return in the future. Taft Avenue in Manila for example. This historic street has always been on continuous development since its construction in 1899(initially named Calle Rizal). The university belt, the Light Rail Transit System(LRT) and a lot of business establishment nearby. Bottom-line, Taft Avenue is a prime real estate location.
As a new condo investor, below are some reasons why a condo along Taft Avenue is good option:
1. The LRT System Along Taft Avenue
Accessibility is a great advantage that a condo can have. Since time is a very precious asset that you cannot afford wasting, it is very important that travelling should not consume a lot of your time. Specially if it is done on a daily basis. Have you tried calculating the amount of time your spending on travelling alone? Without doing anything at the middle of a heavy traffic? This wasted time should have been used for a productive work at the office or a quality time for your family. A condo along Taft Avenue can enjoy the time efficiency of the Light Rail Transit system or the LRT.
2. The University Belt (u-belt) Along Taft Avenue
Another important recipe in condo investing is the availability of a potential if not proven market. The presence of the several schools along Taft Avenue resulted to an increased demand for temporary shelter for the school’s students. We all know that students do not stay permanently at the schools, so renting as almost always a top option for them. A condo along Taft Avenue can enjoy the stable rental market.
Below are some of the popular schools that are located along Taft Avenue:
- University of the Philippines Manila (UP Manila)
- Saint Paul University Manila
- Philippine Women’s University (PWU)
- Philippine Christian University (PCU)
- Adamson University
- Philippine Normal University (PNU)
- Technological University of the Philippines
- De La Salle University (DLSU)
- St. Scholastica’s College Manila
- De La Salle-College of Saint Benilde
- Universidad de Manila
- Emilio Aguinaldo College
- Santa Isabel College, Manila
- Manila Science High School
Just imagine a large number of students come and go, they are your rental market.
3. The Business Establishments Along Taft Avenue
Let’s say have no plans of renting out your condo unit but instead you choose to live in it. A condo along Taft Avenue is also surrounded by corporate offices and other business establishments. Malls, Hospitals, Hotels and Restaurants, everything is available. Just a few minutes to Central Business Districts in Makati, Intramuros and the new ASEANA Central Business District in Pasay and Paranaque. A promising advantage for your rising career and reliability for your personal needs. Overseas manning agencies are just nearby too!
A condo along Taft Avenue can give you all these advantages at a much convenient price. So if you are ready to buy a new condo, don’t miss the Victoria De Manila 2 along Taft Avenue. The first Sports Condo along Taft Avenue.