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Condominiums

Easy and Affordable Homes with Lumina and PAG-IBIG financing

March 21, 2017

Home owning in Philippines is now made affordable by Lumina and PAG-IBIG financing for as low as PhP 3,500 per month for 15 years. Lumina communities are in accessible locations and include amenities as Basketball Court, Community Hall, Mini gardens and Playground, Guarded Entrance/Exit, and Perimeter Fence.
  • OFWs can take a loan of up to 15 years 
  • Lowest interest rate with PAG-IBIG financing at around 4.5% annually for Airene rowhouse subject to terms and conditions*
  • Downpayment is 10 to 20% of total contract price
  • Downpayment is payable between 12 to 24 months 
  • Lowest reservation fee is PhP3,000 for Airene rowhouse**

REQUIREMENTS FOR OFWS:

  • Monthly income of at least approximately PhP 11,500 for loans of PhP3,500 monthly amortization
  • Consularized OEC. Photocopy of Contract of Employment, Remittance Slips /Bank Statement, Passport
  • Standard Documents: 2 Valid IDs, ID photos, Proof of Billing, Birth/Marriage Certificate

IMPORTANT NOTES:

  • *PAG-IBIG interest rates vary depending on several factors such as amount of loan, gross monthly income and prevailing rates. 
  • **Prices of house units vary per location and are subject to change without prior notice. Other terms and conditions apply.
  • There are Miscellaneous charges upon move-in which are subject to change based on prevailing rate at the time of the processing of the applicable documents
  • Reservation Fee is non refundable and non transferrable.

OTHER LUMINA HOUSE MODELS:


LOCATIONS of LUMINA HOMES:

Region 3 Bulacan - Pandi and Plaridel
Region 3 Pampanga - Mexico / San Fernando
Region 3 Nueva Ecija - Cabanatuan
Region 3 Tarlac - Tarlac City
Region 4A Cavite - Tanza and General Trias
Region 4A Batangas - Lipa City and Sto Tomas
Region 4A Laguna - San Pablo
Region 4A Quezon - Tayabas
Region 5 Camarines Sur - Pili
Region 6 Iloilo - Pavia-Oton-San Miguel
Region 6        Negros Occidental - Bacolod - soon
Region 7 Cebu - Carcar City
Region 11       Davao del Norte - Panabo
Region 12       South Cotabato - General Santos

SAMPLE COMPUTATION:


WHY LUMINA?


Lumina is one of Mr Manny Villar's product portfolios, as such we speak about stability and trust. Mr. Manny Villar's company has been developing communities in the Philippines for some 40 years now.

Lumina communities are about (1) Affordability of property (2) Proximity of the community (3) Quality of the house (4) Security of the community (5) backed with reliable real estate financing

FOR MORE DETAILS:


Phone or Whatsapp:     +971 50 9406099 
Email :                          beverlybbc15@gmail.com


Or by typing your questions in the form below:


Your Name: 

E-mail Address *: 
Message *:  

Materials shared here are from Vista Land which may be subject to changes without notice.


Boracay

Costa Vista Boracay - own a piece of paradise

March 05, 2017

Vista Land is sharing the opportunity for each one to start owning a piece of paradise in Boracay for as low as PhP 14k a month!

Apart from having a vacation home, the owner can also turn it also a business by enrolling it in Vista Land's Condotel system, where the condo unit is rented out and managed in behalf of the owner while he/ she is away.
There are 101 reasons to be in Boracay

Why own a Costa Vista Boracay unit?

  • Unlimited Vitamin D Supply - for that improved physical and emotional well-being
  • Relax from the calmness from the soundwaves.  Calm = Happy
  • Stay in one of the best islands in the world
  • Better skin - with moderate sunshine and sea water
  • The beach is not just in summer. Walk to relax on the deserted beach during the rainy season 
  • Laid-back island life - no stress, no traffic and that feeling of longer days

Project Location:

Brgy Yapak, Malay, Aklan (Boracay Island)
In the middle of Shangri-La and Movenpick

Costa Vista Boracay - actual site

Property Size

- About six hectares of development

Future developments:

  • Hotel
  • Commercial Strips
  • High-end residential
  • Beach Villas
  • 5-tower mid-rise
  • Condominium Development
  • 6 floors per building

Pending improvements with Caticlan Airport

  • Night Landing Facility
  • Additional 8 jet bays
  • Expansion of passenger terminal
  • Accommodation of Airbus instead of turbo propeller jets

For more of your questions

 Do drop me a message at +971 50 9406099 by phone or whatsapp, or by email at beverlybbc15@gmail.com

 Or by typing your questions in the form below:

Your Name: 

E-mail Address *: 
Message *:  

Materials shared here are from Vista Land which may be subject to changes without notice.


Baguio City

Vista Pinehill in Baguio City

March 04, 2017

With the huge success of the Vista Brenthill Baguio, Vista Land Residences is now launching the Vista Pinehill to be located at Outlook Drive in Baguio.

Vista Pinehill's location gives the best vantage point for a spectacular view of the mountains while keeping you near all the best spots that Baguio has to offer.

Location:

Outlook Drive South, Baguio City,
Landmarks: near to Outlook Ridge Residences and Pine Zephyr Transient


Reasons to invest in Baguio:

  • Top tourist destination
  • High student population
  • Top choice as retirement home
  • Continuously growing economy
Total Land Area - 3,846 sqm

Turnover Date - Quarter 2 of 2021

Unit Sizes - 24 sqm - 37sqm (smaller sizes means affordable price)

Price Range - PhP 2.6M to PhP4.3M

No. of Floors - 12 storeys

No. of units per floor - 18 to 45 units

Features and Amenities:

  • Sauna
  • Function Hall
  • Gym
  • 24/7 security
  • centralized mailbox
  • Automatic fire sprinkler system
  • 3 high speed elevators
  • Automatic backup power system for common areas

For more of your questions

 Do drop me a message at +971 50 9406099 by phone or whatsapp, or by email at beverlybbc15@gmail.com

 Or by typing your questions in the form below:

Your Name: 

E-mail Address *: 
Message *:  

Materials shared here are from Vista Land which may be subject to changes without notice.


Baguio City

Vista Brenthill Baguio

March 04, 2017

Vista BrentHill Baguio is a project of Mr. Manny Villar that I can passionately talk about. My husband and I grew up in Baguio and while we call Baguio our home, we know too well how others love the place as well luring people from all over for the reasons it has.

Cool weather all year round. Trees. Beautiful mountains. Competitive schools. Communities. Growing economy. Tourist spots. Family. What else?

When we started to understand the concept of investing in condominiums, the above are the same reasons that we made our first condominium investment in Baguio. Of course, the decision was sealed by the fact that we invested on Mr Manny Villar's Vista Residences, that assurance that we are saving our hard-earned money will see us the property that we are paying for.

Here are some notes, and I would love to share a cup of tea with you to discuss why it is worth the investment 😉

Project Name - Vista Brenthill Baguio
Location  - Near to Brent International School, Malvar Road, Baguio City
Lot Area - 2,694 sqm.
No. of Floors - 10 Storeys
No. of Units - 20 -34 Units / Floor
Completion Date - Q4 of 2018

Investment Propositions
  • As an investment, real property appreciates in value over time. An average 25.5 sqm studio unit in Brenthill is forecasted to yield a 25.97% return on investment over three years.
  • Condominium units can be rented out for that rent income. Vista Brenthill is in a strategic location that is expected with high occupancy rate. A 25.5sqm studio unit is forecasted to rake in a net rental yield of 7.62% after considering the annual expenses.

Having said that, we'd love you to join us in investing with Vista Brenthill Baguio. I'd love to hear from you, please do get in touch with my contact details below.

I have as well shared our personal family journey  in deciding to start investing in real estate, do read it it this link:

For your questions

I'd love to share more details with you, do drop me a message at +971 50 9406099 by phone or whatsapp, or by email at beverlybbc15@gmail.com

Or by typing your questions in the form below:

Your Name: 

E-mail Address *: 
Message *:  

** Materials above are provided by VistaLand.

Baguio City

Investing and the OFW Dream

March 01, 2017

Hello! Thank you for visiting my blog.

I am Beverly and I am an OFW for more than 12 years now here in Dubai, living the Filipino expat life here with my two kids and husband. The kids had always been our drivers. Every move we make is about them, with their comfort being our priority. We’ve been through the good life of being an OFW as well as the struggles and challenges.
For the most part, we have only been working on our short term goals for our kids -- get them into school, get them to stay in a decent apartment, get them go to some of the places where they can play, among others.
Whenever our short term goals are met, we pat our backs for getting the comfort we desired --- AT THE MOMENT. This, until we were thrown into situations where we realized that despite the long years we were OFWs, we remain not ready for the LONG TERM. We are not ready to resettle back to the Philippines with the uncertainty of income back home to sustain our needs. We are not ready for the educational funds for kids. And the list goes on.
I lost my job in 2014 due to market conditions specific to the industry of the company I worked for. At that time, we had some savings, as well as a decent amount of gratuity and redundancy pay I received from my work. The first months were the best days I had for a long time, so I thought. For a while I had a break from working late in the office, for sleeping 2 to 4 hours a day at times, and a freedom from the tension of meeting work deadlines. It was heaven, to say. I got so used to this comfort that I decided being in control of my time is the best choice. Instead of getting employment, I engaged into a business, but one that I did not have previous knowledge or experience in. I just armed myself with the thought that my hardwork and dedication will lead me to succeed in business. But it turned out I was wrong as my first project plunged into a grand loss where I had to withdraw all our savings, borrow from friends and family, take out credit card loans -- just so to meet my contractual obligations urgently. In a matter of a week I wiped out our savings earned through many years, and incurred loans.
While we were managing the payment of our loans, we thought the easiest way was to resort to sell whatever we have to repay our obligations in the shortest time. But instead our selling whatever we had, we checked our cashflows and worked on cutting down on our family expenses while we try to earn additional income.
This point in our life was an eye-opener for us in terms of our capabilities in managing our resources:
1. We are capable to adjust our lifestyles, on spending less.
2. Savings in the bank or bond certificates are very liquid assets that can easily be taken out from the bank. Earn it in 10 years and withdraw it in a minute. It’s face value stays the same, not adjusting to catch up with inflation or investment returns over the years.
3. Credit standing and trust is essential to build and keep. I managed to lessen the cost of borrowing even with my credit card loans (approx 3% for six months term). I cannot also thank my friend enough for lending me without interest just so I meet my contractual obligations.
At this time, we also went back to assessing that for being an OFW for a decade we still did not have a house to call our own in the Philippines. Definitely, we are not ready at leaving our being OFWs and live back home as a family.
The small land we bought home in the Philippines is situated in a subdivision that has restrictions in terms of what we can build that includes (1) a bungalow 50 sqm small house is not allowed, (2) The place is purely residential that we cannot build a commercial or apartment type house so we can generate income from. If we are to build that house, we have to take out a sizeable amount of loan. The only way to turn it into investment is to realize it by property value appreciation. With the stability of our jobs being an issue few years back, we did not buy into the possible cash straps of taking huge loans with our salaries as collaterals to be able too build a house.
Then came the opportunity to be introduced to Manny Villar’s Vistaland project that has been launched in our home city. This is Brent Hill condominium in Baguio. We opened ourselves to understand how condominiums are investments. Ironically, at the time we were paying loans that I incurred from failing in business, we also at the same time signed up for two condominium units in Brenthill.
Why we signed for Brent Hill condo units:
1. We looked at it as our fixed forced-savings each month that we have to set aside before anything else. We cut down on our little luxuries to cover this.
2. It is a non-liquid saving mode, one that we cannot conveniently withdraw the moment we need cash. Convenience in converting assets to money is good, however, we discovered we are capable of finding other solutions when we needed it at less cost.
3. As the property is on a pre-selling stage, it gives us the opportunity to pay the downpayment in installments interest-free. Continuing this on a long term, it allows us to build a property in smaller monthly installments that we can eventually call our own without being overwhelmed with a one-time-big-time cash outlay.
4. We expect to generate rental income once it is turned over to us. Baguio is home to us and we understand the tourist and student market to rent it out. The rental income will then help us pay the monthly amortizations for the bank loan to pay towards ownership of the property. To our peace of mind, the condo unit itself becomes the collateral supported by rental income that would save us any tension of having to rely on our salaries for paying the related bank loan.

5. We expect property value appreciation especially with the strategic location. This appreciation mitigates the impact of inflation that doesn't happen if we just put our money in the bank. In contrast, money placed in the bank devalues over time due to inflation.
Devaluation at 5% inflation rate of money saved versus appreciation value of investing assuming 10% value increase per year

6. Vistaland is Mr Manny Villar. And Mr Manny Villar is about trusting that one’s expectations are well delivered.

We may have missed early on to realize the importance of investing as an integral part of realizing our OFW goals, but we are optimistic that we just started to build the right mind set and to continue on the right path.
As I believe in Vistaland, I am now a Property Consultant for its real estate projects happy to share my thoughts and time to others who are looking for investments and also for houses they will call their home.
Follow my journey in exploring the investing and home-owning path as an OFW here in this blog.
Sincerely,
Beverly

P.S., I'd love to hear from you 😊

Phone or Whatsapp:     +971 50 9406099 
Email :                          beverlybbc15@gmail.com

Or by typing your questions in the form below:


Your Name: 
E-mail Address *: 


Message *:  

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