The Philippines and the Makati district in Manila in particular are currently seeing an incredible level of economic growth, and expanding foreign investment, fuelled by significant growth tourism and industry sectors. This all combines to make a property investment there with an uncapped rental guarantee very shrewd indeed.
(OPENPRESS) December 22, 2007 -- Makati in Philippines is steadily increasing in corporate appeal and holds great attraction for business executives in the capitals main business district that's abundant with numerous Filipino companies and classy hotels, exclusive restaurants and 24 hour golf courses. Combined with its already established, perfect 'dream destination' profile, serious investors looking on the global property market are succumbing to the Filipino charm. David Stanley Redfern Ltd are longstanding and reputable overseas property investment specialists who have turned their ever watchful eye toward Makati, adding the mesmeric skyscraper project, the Lancaster Atrium Towers to their enviable portfolio. And so they're now offering top class Filipino property from as little as £26,000.
So, you can buy an apartment in a centrally located Philippines skyscraper for as little as £26k, surely not, what's the catch? Well, due to its sheer quality, limited availability is an understandable issue, though that's about it, really. Remember, it's not just the alluring investment environment of Makati that draws investors to Philippines, its perhaps something about the properties expected higher than average 12% yields and exceptional growth (off plan prices per m2 in this district have grown by 40% in the last 24 months) too. Philippines GDP has been rising at over 5% year on year and the Filipino peso appreciated a staggering 20% against the $USD since de-pegging just 12 months previously. Makati is where it's all at.
Your fully furnished, fully managed £26k apartment includes fixtures, fittings, furniture and all dressing items such as tableware, glassware, bedding, cutlery etc, essentially making for immediate rental, though the option of obtaining a rental yield (around 8-12%) by leasing the apartment back to the in-house management company is open to buyers. Foreign investors can own this second to none property on a freehold basis, amidst the sustained, aggressive and growing Filipino economy. With interest free credit available, buyers can spread their payments and reduce the initial amount of cash they require to get a piece of this action. Contact David Stanley Redfern Ltd today to find out all you need to know about this amazing opportunity.
Find out more at http://www.davidstanleyredfern.com/prop_details.php?id_prop=73
About David Stanley Redfern Ltd
David Stanley Redfern Ltd is an overseas property specialist, working directly with developers in more than forty countries. Most properties are exclusive to David Stanley Redfern Ltd, giving an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited.
Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com
Contact Info
DSR Asset Management Limited
Phone: +44 (0)115 871
Website: http://www.davidstanleyredfern.com
David Stanley Redfern HQ
82 Moorgreen
Newthorpe
Nottingham
NG16 2FB
United Kingdom
http://www.davidstanleyredfern.com
