7 Beneficial Reasons to Own a Property

Aerial view of Iloilo Business Park

A property is a wise investment. It could be the biggest purchase you will ever make in your life. Your capability to buy, your treasured goals, and your commitment should be on point before you dive into the market. As young as you are, you know that buying a property is fundamental – and you are completely right.
Here are 7 reasons why you should own a property in your early age:

 

Property value increases
The value of residential properties tends to increase over time. There may be downturns and it may take a long time, but when you resell your property, any return on your investment can go directly to your pocket.

Save more
When you rent, you are only making your landlord rich and your bank account exhausted. Instead of paying monthly rent, you can wisely opt to invest your hard-earned money in a property you can call your own. Nowadays, pre-selling properties offer a great deal for first-time property investment who wants to save yet have a property of their own.

Opportunities for other investments as you grow older
Investment in a residential property is considered one of the major financial decisions people make throughout their lifetime. Owning a property or a house early enables you to save up for other investments that you might want to endeavor as you age.

 

Possible income
You have the option to rent out your property in case you would want to move from where you live in the future. Just take note that the amount of rent, which is your potential income, depends on where your property is situated.

Privacy is sure
The idea of solo living is attractive to people who are in their 20s. Who does not want privacy, right? You no longer have to worry about watchful eyes observing your every move. Your house or your property is your kingdom.
Emotional fulfillment
You will have your own property to live – just let that sink in. You will have your own place to stay, your own bedroom, and your own playground. Not everyone can buy a property or a home in their early age. It takes discipline and wisdom to actually save a big amount of money. Thus, achieving that goal is emotionally rewarding.
Better days are ahead
You will feel like a legitimate adult when you buy a property or a house. What’s next after that? Marriage? Kids? The future will only seem extra exciting due to your sudden change of perspective. Now that you have your own property and home, your goals will level up and your life will positively move forward.
Innumerable benefits await you inside your future home. Just make sure that before you make that purchase, you are capable and confidently convinced.

Aerial view of Iloilo Business Park's Festive Walk Parade

Own a property at Iloilo Business Park
As an Ilonggo looking ahead for a bright future in Iloilo City, reverse migration is happening now. In fact, many OFWs working abroad are considered investing for a property back home in Iloilo. Aside from optimistic Ilonggo OFWS, if you’re an investor or a business savvy person taking these recent updates seriously about Iloilo City as a fast-rising economic and investment location in Western Visayas, investment possibility will never be far behind. Iloilo City is now considered as one of the country’s most livable metropolises and center of infrastructure projects that attracts more investors to come.
Consider the 72-hectare Iloilo Business Park, a Megaworld lifestyle and business township rising in Mandurriao District in Iloilo City, as the newest reason to invest in Iloilo City. Iloilo Business Park combines “live-work-play” concept of township that ushers property investment, lifestyle and commercial vision of developments, and never ceases to attract more investors to move in the city.
Iloilo Business Park offers residential investment with its four upscale condominium towers namely One Madison Place, Lafayette Park Square, The Palladium and Saint Honore. Emulating the integrity of Megaworld as the country’s best condominium lifestyle developer, Iloilo Business Park condominium towers offer the same vision and concept to Ilonggos. Iloilo City is a less-crowded metropolis that offers stress-free ambiance, less-traffic and wider spaces for recreations. Iloilo Business Park has its own Bike Lanes located near the residential district that will grant the need of homebuyers for a space for physical activities and recreations. The residential district is located a few steps away from commercial and lifestyle destinations like the Festive Walk Parade, Festive Walk Mall, Richmonde Hotel and Marriot Courtyard Hotel, places of interests that makes everything worth living for inside the township.
Iloilo Business Park offers pre-selling of commercial lots in its 9.2-hectare Boutique Hotel and Commercial District, a location in the township envisioned to become the center of business, investments and more entrepreneurial endeavours among the investors. In fact, major financial and bank institutions have already secured their properties in the township where they can build future regional offices.
Though Iloilo City is a fast-rising economic powerhouse and investment destination, it is still a young metropolis that is less-crowded, less-polluted and more potential to expand in terms of businesses and opportunities. It is advisable for investors in their early age to consider this vibrant township as their future investment hub where they can live in luxury, see their businesses grow right next where they live or simply invest where exciting lifestyle is happening all the time.
Invest ahead of time, consider a steady flow of income and opportunities shaping up in Iloilo Business Park now. Let your lifestyle decision early in life define your future success. For more inquiries, contact us at (033) 330-3464 or visit IBP Sales and Information Center for a first look on our condominium model units.