Amid these unprecedented times, real estate can still offer an attractive investment opportunity.
Whether it’s for end use or for lease, any piece of real estate still provides a sense of security for its buyers, a potential source of income and better yields or returns due to value appreciation over the long term. All these, however, would depend on the type of property development you would be investing in, as well as on the location and more importantly, the company building it.
In the Philippines, serviced apartments are increasingly becoming a favored investment choice for a number of reasons. First, it’s relatively hassle free as you’ll have fully-furnished residential units with hotel-like features that are managed and maintained by real estate professionals, and second, it guarantees profitable returns on your investment especially for the long play. Add to that the privilege of getting free stays in the property for certain number of days in a year.
Anchor Land Holdings Inc. presents a similar valuable proposition with its latest offering in Davao City—the 202 Peaklane Serviced Apartments, which is part of a two-tower residential project rising along C.M. Recto St. in the Poblacion District. The first was a residential tower, 202 Peaklane Parksuites, that was launched in 2018.
Through 202 Peaklane Serviced Apartments, Anchor Land offers a secure, protected passive income investment with its fully furnished units, smart features and strategic location, as this project will rise in one of the emerging real estate investment hotspots in the country.
Proptech integrated
What makes this viable is that Anchor Land’s latest offering has integrated smart systems and technological innovations, more popularly known as proptech, that are much sought by homebuyers and investors today amid this so-called “new normal.” Smart features do not only provide a strong, distinct advantage for the investors who will get to offer more value for their units and benefit from higher rental yields. More importantly, these further ensure the efficiency and sustainability of 202 Peaklane in a post-pandemic era.
These smart features, integrated in 202 Peaklane’s fully furnished units, include a digital lockset with multiple unlocking and anti-snooping mechanism as well as time-managed passwords; an air purification system to regularly purify and sterilize air within the development—a crucial component that will surely be a requirement in the new normal; and an integrated room automation system that includes control over smart TV, airconditioning system, lighting and curtains inside the unit.
The architectural design of 202 Peaklane is also fitting of the market’s changing needs today as its configuration will allow generous amounts of wind and sunlight to enter the property thus promoting a breathable, comfortable residence in Davao.
On top of all these, a healthy mix of amenities further ensure a holistic lifestyle for the guests while services such as housekeeping, laundry and concierge guarantee their convenience.
Also to be provided at 202 Peaklane Serviced Apartments is a professional hotel operational management system to ensure a smooth, seamless guest experience. Through a mobile app, one can select a room, book a stay and choose a mode of payment. Self check-in kiosks will be provided while check out can be done via mobile app, thus ensuring minimal contact—a seeming requisite that may carry over in the post pandemic era.
Hassle-free solution
So how can one tap this potentially lucrative opportunity to invest in a fully furnished unit at 202 Peaklane?
Anchor Land makes the decision to invest easier as it has laid down a unique, hassle-free business solution through its leasing program.
Under this proposition, investors will purchase a unit, currently priced at P210,000 per sqm or about P4.6 million for a 22-sqm Deluxe Suite. This price will be inclusive of furnishings and built-in technologies—ideal particularly for the business travelers who prefer fully furnished serviced apartments with smart features that still offer the familiar comfort of a home. Investors can also choose from any of the 575 business-ready units for serviced-residences operation, with right-sized cuts ranging from a Deluxe Suite (22 sqm to 26 sqm), Premier Suite (35 sqm) to an Executive Suite (51 sqm).
Investors can then enroll their units under this leasing program, which offers a minimum guaranteed annual lease fee and 21 days of free stay in the property based on the availability of the units. A variable incentive, which will be based on the actual serviced-residences’ performance, also awaits investors. It is projected that one’s annual return on investment would be about 6 to 8 percent—better than a number of investment options offered in the market today.
Real estate investing can indeed be lucrative if done right—with the right project, business model and property developer, whose vision adeptly aligns with the investors’ need for business-forward prospects and future-ready living spaces.