Buying a home is a dream of every hardworking Ilonggo. Whether employed locally or abroad, they strive hard and make sacrifices to reach that milestone.
When buying a house, you are not only looking for a place that is safe, comfortable and convenient for you and your family. Your property is also a good investment to spend with your hard-earned money.
Owning a real estate property in a progressive area is really a sound investment because of its ever-increasing value and great return. It lets you earn passive income by renting it out, and you can even pass it down to your heirs in the future.
So, if you are interested to invest in a house and lot in Iloilo, look no further than the Parc Regency Residences in the booming town of Pavia.
Parc Regency Residences is a 65-hectare subdivision in Brgy. Ungka 2 in Pavia that offers two-storey single attached homes that are well thought out and positioned in a gated community. Some 3,000 families chose Parc Regency Residences as their address in the prime district of Iloilo!
What makes Parc Regency Residence the top-of-mind choice for a real estate property investment? Here are four reasons.
1. Increasing Property Value. The market value of real estate property grows over time which is why it is one of the safest investments for beginners. This is so true with your house and lot in Parc Regency Residences.
Take for example the Stephanie House Model. Five years ago, you can get it at a Total Contract Price of a little over P2 million, but right now the contract price of Stephanie starts at P3.99 million, with some units sold at a contract price of P4.3 million. The same is true with Amanda, Olive, Madelyn, and other house models.
2. Booming Town of Pavia. Parc Regency Residences’ master-planned community is proximate to an urban center. It is strategically located in Brgy. Ungka 2, Pavia, which is the first barangay in the first town outside of Iloilo City. In fact, Pavia is already city-like as it is considered part of Metropolitan Iloilo together with other first towns at the outskirts of the metropolis. The rapid urban development spilling over and around the vicinity of Parc Regency has a major effect on your house and lot property, increasing its market value and making it more appealing to real estate investors.
3. Major Establishments and Infrastructure Developments. Parc Regency Residences is a walking distance from three major malls, namely: GT Town Center, Robinsons Place Pavia, and CityMall Ungka. It is also the closest residential community to two transport terminals, and just a ride way to major establishments in the city or in the town proper.
These commercial establishments are complemented by major infrastructure projects like the 8-lane Benigno Aquino and Corazon Aquino highways, plus the Ungka II flyover which rests on the intersection of these two highways.
These major commercial centers and big-ticket infrastructure projects give more value to one’s property especially when they want to sell or rent it out.
4. Growing Industries in the Area. Aside from residential developments, industries like Information Technology Business Process Outsourcing (IT-BPO) firms are starting to sprout near Parc Regency which will surely employ thousands of personnel.
Recently, Iloilo Gateway Cyberscape which houses IT-BPO firm was declared as first economic zone of the Province in Pavia. Also, Robinsons Cybergate Iloilo Tower (at the back of Robinson’s Pavia mall) is also soon to open, with its office spaces ready to accommodate BPO locators once finished. These industries bring in more population to the area, which also affects the value of your property in Parc Regency Residences. You may opt to have your property open for rent to boost your cash flow.
Parc Regency Residences is clearly a hotspot for home buyers who want to get a good investment for their money. Its location, surrounding establishments, industries, infrastructure, and future developments promise a long term appreciation for your valued property.
Know more about Parc Regency Residences by logging on to https://www.parciloilo.com or check it out on Facebook https://www.facebook.com/parcregencyofficial.