The serviced apartment and what makes it uniquely attractive
Some investment opportunities continue to be just as promising.
More so now that the Philippines is starting to see green shoots of recovery, investment prospects—such as those in real estate—are looking to be more encouraging and attractive. This is even further bolstered by forecasts of property consultancy firms such as Santos Knight Frank that some segments of the real estate industry will likely see a gradual recovery this year following a tumultuous 2020.
Although there are a number of asset classes you can choose from, an increasingly favored investment choice even prior to the pandemic would be the serviced apartments, which then catered mostly to business and leisure travelers who preferred the luxuries and amenities of a plushy hotel but also craved for the familiar creature comforts of home. It likewise appealed largely to the staycationers, who wanted a hotel accommodation but with the warmth of a home.
Today, while travel in general has yet to normalize amid the bans and border closures due to the pandemic, the potential of investing in existing serviced apartments remains uniquely attractive.
What draws many to serviced apartments is the fact that it can be a fairly simple, hassle-free investment that would be a significant addition to your property portfolio. For one, you will only have to acquire a fully furnished unit, which will then be managed and maintained for you by the property management company of the real estate developer.
Investing in serviced apartments would also be a sound, solid investment choice as it could offer an additional source of income for you. At the same time, a serviced apartment is a tangible asset whose value will likely appreciate over time. Effectively, this investment opportunity offers you a sense of stability, assurance and ease while providing a cost-effective way to earn passive income and to build real wealth over the long run.You can fully enjoy all the unique perks and privileges of such a solid investment choice with Rockwell Land’s first foray into the short term luxury homestay business.
Located within the 19.1-hectare Rockwell Center in Makati, Aruga Apartments places its guests in one of the most coveted addresses in the metro, an exclusive, self-contained community that enjoys proximity to major thoroughfares, central business districts, as well as key establishments and institutions. It also allows guests to experience Rockwell’s signature “beyond ordinary” lifestyle, made distinct by an elevated experience of comfort, leisure and sophistication.
Beyond the confines of one’s suite, guests are afforded the convenience of having the Power Plant Mall a few steps away from Aruga Apartments, abundant open spaces where one can satisfy the need for a breathing room, as well as carefully curated amenities that can cater to the guests’ interests and well-being. And just like a hotel, Aruga Apartments also provides housekeeping services and a reception desk.
Easily, these features alone already would assure you of a stable market that highly values an enviable location, security, impeccable services and an elevated lifestyle.
You can choose from a host of unit cuts—from fully equipped, fully furnished studios, one-bedroom suites, one-bedroom premiers and two-bedroom suites, to be managed for you by Aruga Apartments. These exquisite units will also come with complimentary WiFi, cable TV and parking, among other pluses.
It’s worth noting that despite the travel restrictions currently imposed due to the pandemic, Aruga has already resumed operations and can readily cater to the local market as it is one of the 15 establishments accredited by the Department of Tourism to operate as a staycation hotel. It is also the only property in Rockwell available via Airbnb, and can cater to companies looking to temporarily host some of their employees nearer their offices.
And with Aruga now back in operations, occupancy rates are poised to increase and prospects are definitely looking more attractive.
Rockwell Land indeed offers the right kind of assets that would no doubt expand your portfolio considerably—a truly sound, hassle-free and promising investment opportunity simply waiting to be tapped.
To know more about Aruga Apartments’ stable investment opportunities, email [email protected] or call (0917)155ROCK
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