Why You Should Invest In St. Moritz Private Estates
As one of the country’s newest—and biggest—central business districts, Fort Bonifacio offers great investment opportunities. The district offers extensive growth potential, and property values constantly rise with every passing year. Megaworld Corporation claims that Bonifacio Global City accounts for almost half of the country’s property market growth, with new developments sold out within months of pre-selling.
Those in the market for a new residence will definitely get a great deal while St. Moritz Private Estates are in the pre-sale phase, as the development’s prices have proven to steadily rise since its announcement. The best time to buy is now, since property values will only continue to rise in the next couple of years. Since 2012, land values have steadily increased by 28.1 percent, with a sustained double digit growth every year.
For investors, the rising average rental rates in the Fort Bonifacio area will definitely be attractive. And with the high demand for residences in Fort Bonifacio, those buying an investment property for rental will never have a hard time finding rentals. Megaworld Corporation claims that the vacancy rate in this commercial and lifestyle district is at a steady five percent.
The real estate developer also foresees a 24 percent three-year value appreciation for the resale of its Fort Bonifacio developments, including St. Moritz Private Estates.