Around the world, properties near the sea, lake or bay command a premium.
Calming sceneries of blue waters and the affluent lifestyle associated with waterfront properties often make living in such areas even more glamorous and appealing.
But waterfront properties go beyond the lifestyle appeal as the economic benefits offer an equally attractive proposition.
Data from property consultancy firm Knight Frank showed that the average global uplift in premium for waterfront properties was 40 percent compared to inland property, while 59 percent was the typical price premium for those with a harbor view.
Thus, among the most expensive listings are usually waterfront properties like the Twinpalms Residences by MontAzure in Thailand and Reflections at Keppel Bay in Singapore.
In the Philippines, a popular waterfront promenade in Manila will be home to an exquisite residence that offers access to the best this city has to offer.
SM Development Corp. is bringing to Manila the luxury and premium of a waterfront home through the 51-storey Sands Residences — its third project along Roxas Boulevard, touted as one of the world’s most picturesque waterfront districts. The first two are Breeze Residences and Coast Residences.
With its strategic location, future residents will enjoy proximity to thoroughfares like South Luzon Expressway and Skyway, which will bring them closer to destinations like NAIA, Mall of Asia complex and the Makati central business district—not to mention prestigious universities, hospitals, churches, cultural and entertainment centers, parks and a yacht club.
Hotel-like living awaits here with choice amenities designed to offer a holistic lifestyle —from the grand lobby, the commercial establishments at The Shops, an indoor social space called The Bar, to the Grand Sunset Lounge facing the glorious Manila Bay.
But what clearly makes this investment worth your while is that you can beef up your portfolio and earn passive income.
Set for turnover by 2026, Sands Residences will offer the perfect city home you can lease out to professionals, expatriates and tourists wanting a taste of Manila. Choose from studio, one-bedroom, and two-bedroom units with sizes ranging from 21 sqm to 38 sqm. The biggest perk is that you can have a hassle-free investment and ownership experience. SMDC, through Prime Key Leasing, offers a wide range of leasing services from owner representation, unit fit-out assistance, to creating a customized lease program based on the investors’ requirements. This, on top of the on-demand concierge services that Prime Key Leasing offers, which will elevate the experience of any resident.
No doubt, Sands Residences is bringing you that much-sought premium of a waterfront home investment, right in the heart of thriving Manila.#
For more information, log on to https://smdc.com/properties/sands-residences/
Article and Photo originally posted by Inquirer last March 24, 2021, 11:20am.
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