By this time, many have come to terms that real estate makes for a good investment.
It has, in fact, become a much favored choice of many discerning individuals who want to prepare for a secure future as real estate is regarded by by many as one of the most practical and intelligent options for investment. And this is not without reason: any piece of property is likely to see its value increase over time, and can play a huge part in building your wealth portfolio.
Currently, there is a growing trend among investors and homebuyers who are starting to favor the so-called condotel projects as it is deemed to provide lucrative returns.
The concept of “condotels”—coined to mean a condominium with hotel units and facilities—is emerging to be a more attractive, and a relatively hassle free way of making your real estate assets earn for you.
And with the Philippine tourism industry seen to continuously grow, it seems only practical for individuals to go for such developments. Here are some of those projects that you might want to consider in your next investment.
SOTOGRANDE KATIPUNAN
Rising on one of the highest points along Katipunan Ave., the 23-storey Sotogrande is poised to be a wonder of glass, steel and stone that will provide residents a mixed-use community.
Three floors have been allocated for commercial and business use while another three will be for basement parking. The rest will house spacious residential units with a selection of a studio, one-bedroom and two-bedroom cuts.
Among residential floors, the 4th to 16th floors have been selected to house the Sotogrande Condotel, which would comprise of a rich selection of hotel suites designed to become the “home away from home” of long-staying guests.
Among the features and amenities that will help enhance the lifestyle of Sotogrande Katipunan residents include a coffee shop, grand lobby, lap pool, kiddie pool, poolside bar, gym, function hall, and a Sky Lounge at the 23rd floor. Areas of greenery will embellish the tower allowing it to be true to its name: “Soto” being the Spanish word for “grove”, and “Grande” which means “big”.
SOTOGRANDE BAGUIO
Located in the country’s summer capital, Sotogrande Baguio is nestled among the verdant pine trees of Baguio City. It is cradled in the lush greens of Leonard Wood Road, just outside Teacher’s Camp and near Camp John Hay.
By owning a unit at Sotogrande Baguio, one can have the luxury of enjoying the famed breeze and cool weather of Baguio City. The residential tower treats its residents with the luxury of living in the comfort of pine-scented cool breeze and amazing mountainview that only Baguio offers.
Choose from studio units and one-bedroom units that offer both relaxation and recreation.
Enjoy the convenience of living near restaurants and parks that Baguio has always been known and loved for. Schools like the St. Louis University, University of Baguio, Brent School and Berkeley School, and hospitals like SLU Hospital of the Sacred Heart and Notre Dame De Chartres Hospital are also within reach.
For further enjoyment and relaxation of residents and guests are Sotogrande’s amenities and features such as the swimming pool, kiddie pool, gym, courtyard landscaped garden with pond, coffee shop, function rooms, lounge and business center.
SOTOGRANDE AT NEOPOLITAN
This Sotogrande is poised to rise within the Neopolitan Business Park, a masterplanned complex in Quezon City. Located along Mindanao Ave. and Regalado Highway in Fairview, the Neopolitan Business Park is conveniently situated at the center of a promising development in this side of the metro.
Sotogrande at Neopolitan, which is being managed by Sta. Lucia’s Hotel and Management Group, is the first hotel development in Fairview.