Gabriel Jarque is a proud overseas Filipino worker (OFW). He has been working as a nurse in Riyadh, Saudi Arabia, for four years now, but not a day goes by that he does not yearn to come home to the Philippines.
“I consider myself lucky because I get to showcase my skills as a Filipino nurse here. I get to help others by demonstrating our own brand of compassionate care. But there are days I get homesick and I miss my family back home,” he shared.
But the one thing that keeps him going is his ultimate goal of investing for his future. Thankfully nowadays, the internet allows the 37-year-old Jarque to thoroughly research, study and make informed choices on how he can best make his money work for him.
And one of the investment opportunities that emerged as resilient and lucrative even during the pandemic is real estate. The last two years have shown that despite the lockdowns, recession and market volatility, the property sector remains unbowed—even emerging stronger as evident in the property prices which grew by 4.9 percent in the fourth quarter of 2021.
But there is a caveat. Even with such lucrative opportunities in real estate, OFWs like Jarque must remain just as discerning on where to put their money.
“The stories about scams really scare me. It literally took me blood, sweat and tears to earn that money. I simply can’t lose it just because I trusted the wrong people,” said Jarque, who added that this is the reason he chooses to invest his hard-earned money on companies and assets with a solid reputation.
Reputable developer
Trusted developer Torre Lorenzo Development Corp. (TLDC) prides itself with the experience and the expertise to help OFWs like Jarque grow their hard-earned money.
Among the long list of reasons why TLDC is more than worthy of OFWs’ investment is that its stellar portfolio comprises exceptional, top quality upscale projects.
TLDC, for one, pioneered premium student residences in the country long before the rest of the market realized that there’s a need for conducive and comfortable residential spaces around colleges and universities. From this vantage point, TLDC had set its sights on becoming a dynamic, full-scale developer with mixed-use developments, leisure destinations and townships across Manila, Batangas and Davao.
“For overseas Filipinos, investing in real estate today provides an opportunity for long-term security and stability for you and your family,” said Cathy Casares-Ko, chief operations officer of TLDC. “Whether you decide to utilize your property for personal use, vacation home or an income generating asset, the important thing is you invest your hard-earned money in a developer with a proven track record to ensure value appreciation.”
Versatile spaces
TLDC properties are versatile as well. With its enviable locations and thoughtfully designed spaces, TLDC properties can be more than just a student’s residence, as it can also serve as a comfortable family home. It is located near central business districts, schools and transport hubs. Its properties have amenities to offer comfort and relaxation. It also features an RFID system and continues to comply with safety and health protocols.
One example is 3Torre Lorenzo which is located near Taft Avenue and a mere walking distance from daily essentials like groceries, banks, restaurants and medical facilities. It is also a short drive from the business districts of Makati and Pasay. It has a Sky Deck and Sky Lounge, a 25-meter lap pool, fitness center, yoga studio, meeting rooms and social spaces.
Not to be outdone is The Residences at Torre Lorenzo Malate, which is also near top universities, hospitals, transport hubs and cultural landmarks. It’s a safe, quiet neighborhood for students studying in the Manila area or professionals working in the CBD.
Outside the metro, TLDC offers enclaves that can serve as a respite from the city hustle. Dusit Thani Residence Davao will allow OFWs to enjoy the fruits of their hard work in the comfort of their exclusive, well-appointed units. Inspired by the Dusit brand of gracious hospitality, Dusit Thani Residence Davao is a worthy investment for world-class, exclusive and premium real estate.
In Batangas, OFWs can sit back and relax at Tierra Lorenzo Lipa. This property offers upscale condo living in the laidback Lipa City. A prestigious address in the South, Tierra Lorenzo Lipa is an ideal second home when you want to be in a tranquil community that is never too far from essentials.
Passive income
But if OFWs are looking for more for an investment, TLDC developments can provide opportunities for passive income through rental.
Torre Lorenzo Loyola is among the properties that can be a valuable source of passive income. This is located near some of the country’s top educational institutions, such as the University of the Philippines-Diliman, Ateneo de Manila University, Miriam College and the Center for Culinary Arts, thus making it a preferred address for students and their families. It’s near Quezon City’s business centers, such as TechnoHub and Eastwood so it’s convenient for young professionals as well.
Down South of the metro is where Torre Lorenzo Sur holds fort. It is along Alabang-Zapote Road, located beside Perpetual Help University and a few minutes away from malls. It’s an attractive location for professionals, families and students.
But if you’re already a seasoned investor, TLDC can help diversify your portfolio.
The Suites at Torre Lorenzo Malate offers serviced residences to be managed by international lodging operator, The Ascott Limited. Investors will have to initially purchase a unit and let the experts manage their investment. They will receive a share of their unit’s rental yield quarterly. Apart from having a revenue-generating investment, unit owners get complimentary stays at the property for a fraction of the published cost.
From marketing, maintenance and rental, Ascott is at the helm every step of the way to ensure that investors, even when overseas, will have a hassle-free, worry-free investment experience.
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The article was originally published in Inquirer.NET and written by Vanessa B. Hidalgo.
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