All Developments
MERGENT RESIDENCES
Embrace the Vibrant Urban Hub of Poblacion, Makati
Discover a home where the pulse of the city meets the tranquility of a refined living space. Located in the heart of Makati’s Poblacion district, Mergent Residences offers modern amenities including a swimming pool, gym, and function rooms. The largest studio unit spans up to 35 sq.m., providing ample space for comfortable living. This is the first Alveo Land development in Poblacion, presenting a prime investment opportunity.
THE LATTICE
Green Urban Living in Parklinks, Pasig City
Experience a refreshing living atmosphere where urban conveniences meet expansive green spaces. The Lattice is part of a sustainable development with 50% dedicated to parks and open spaces. It is strategically located with excellent connectivity via C5, Amang Rodriguez Avenue, and Ortigas Avenue. Enjoy modern living spaces that seamlessly blend indoor and outdoor environments, with comprehensive amenities such as a multi-purpose lawn and lap/lounge/kiddie pool.
Frequently asked questions
Can foreigners buy condos in Manila?
Yes, foreigners can buy condominium units in Manila. However, they are not allowed to own land but can own up to 40% of the units in any condominium project.
What are the additional costs involved in buying a condo?
Apart from the purchase price, buyers should account for transfer taxes, notarial fees, registration fees, and possibly a real estate agent’s commission. There might also be monthly dues and real property taxes to consider.
Is it safe to buy pre-selling condos?
Buying pre-selling condos can be a smart investment due to their lower prices and flexible payment options. To ensure safety and reliability, we exclusively partner with trusted developers known for their integrity, quality, and timely delivery. This approach helps mitigate risks and enhances the overall security of your investment.
What should I look for in a condo developer?
Look for developers known for quality construction, timely delivery, good after-sales service, and robust financial health. Checking past projects can give insights into their reliability and quality.
Can I rent out my condo unit?
Yes, you can rent out your condo unit. Manila has a robust rental market, especially in business districts and near universities, which can provide good rental yields. However, it's important to note that some condos have restrictions against short-term rentals like Airbnb. Always check the condominium’s rules and regulations regarding rental policies before purchasing if you intend to engage in short-term rentals.
How do I finance my condo purchase in Manila?
Condo purchases can be financed through personal savings, bank mortgages, or developer-offered financing schemes. Foreigners can also apply for local bank loans under certain conditions.
What is the average ROI on condos in Manila?
The return on investment (ROI) can vary widely but typically ranges from 4% to 8% annually through rental yields, depending on the location and quality of the property, strategic improvements and effective property management.
What is condo association dues?
Condo association dues are monthly fees paid by owners to cover the costs of maintaining common areas, security, and building services. The amount depends on the size of your unit and the services provided.
Are there any restrictions on reselling my condo?
There are generally no legal restrictions on reselling your condo in Manila. However, some developers may require that you give them first option to buy or a right of first refusal.