OFW real estate investment has been in a state of flux since the outbreak of COVID-19. While some investors have stayed on the sidelines waiting for the situation to improve, they may also be missing out on opportunities that cannot be recovered.
“It is a cliché but, indeed, the best time to invest is always yesterday, and the next best time is now,” Lessandra Division Head Eduardo Aguilar told the Manila Bulletin. “We cannot wait until everything is back to how it was before we start securing our future, more so if we have the opportunity to do so.”
He added that OFW real estate investment benefits owners over the years. It usually starts as an additional source of income as they work overseas and can then be used to support eventual retirement in the Philippines.
The key for real estate investors is finding a good location. A growing number of people are now looking at property in the areas surrounding Metro Manila. These suburban locations offer a spacious, safe and peaceful place to live which is why homes here are increasing in both value and rents.
“One of the advantages of Lessandra communities is location. Our communities are not only close to progressive areas, close to major road networks and transport hubs, but also close to nature and tourist attractions. This offers a holistic living experience to residents and an attractive business opportunity for investors,” Aguilar told the newspaper.
Invest in Laguna and Cavite with Lessandra
There are a few different locations where Lessandra developments can be found, including Laguna and Cavite. These two regions boost strong economic potential that make them suitable for OFW real estate investment.
Cavite offers tons of opportunities to investors due to a surge in BPOs and Economic Zones within the area. In fact, it’s known as a “Prime Investment Hub”. Less than an hour from the Metro, Lessandra Tanza Heights offers a worry-free lifestyle that’s ideal to modern residents. The developer believes Cavite offers a great balance between suburban and city life.
In Laguna, major road projects have elevated the region. It is accessible through SLEX and, soon, CALAX which has made a base for numerous businesses in recent times. Lessandra Calamba is situated close to several technoparks and offers the maaliwalas life the developer is known for.
Related: Out of the Metro, Into Lessandra!
