1 Bed Flat for sale in Makati, Manilla, Philippines

An outstanding Buy-2-let investment project in the Central Business District of Manila, the vibrant capital of the Philippines. From only approx £55,000 with 10% deposit required (I.e. from only £5500 down now and the balance on installments over 4 years)! 10%+ rental yield expectation as well as healthy capital growth This project is being constructed by one of the largest developers in the Philippines, a company with an excellent reputation who have completed dozens of landmark residential and commercial projects in Manila. This is the best project in Manila that Knight Knox International have dealt with to date, relative to its superb central position and good value pricing. The expected rental yields are approx 10%+ based on current values and current rents being achieved in the area, which is a very high return especially within a property market expected to show healthy capital growth over the coming years. The build has commenced already (started Oct 08), and over 60% of the units are now sold, with the completion set for Q2 of 1013, giving an investor plenty of time to see good capital growth whilst paying for the purchase in installments. The flexible payment plans make this an affordable option for a smaller investor as well as those with greater capital. The opportunity to buy a truly central apartment in a landmark building within a Capital City is very rare. About the project: Located in the very centre of Manila, this landmark development by a leading builder offers 438 units, including stylish studio, 1 bed, 2 bed and Penthouse apartments over 39 levels above ground (plus basement levels). The demand for city apartments is strong at present, with a growing economy and employment opportunities centered in the business district of Makati. Every conceivable amenity and attraction is within walking distance of this building, including the main shopping malls of Greenbelt and Ayala. The exact area where the building is located is called Legazpi Village and the project fronts on to Legazpi Park, a green haven in the heart of this thriving city centre. The building will be built to the highest standards with a focus on ‘Green technology’ and eco-friendly architecture, a first for the area. One of the green features includes a roof garden, with putting green, Zen-inspired rock garden and lush eating areas. Aside from Green innovations, the project will have a wealth of facilities for owners including: A grand lobby, visitor’s area and reception, various sized swimming pools, heated Jacuzzis, private outdoor pool theatre, gym and fitness centre, children’s indoor and outdoor play areas, function rooms and garaging. The development has been selling very fast (more than 70% sold in 8 months) with prices expected to rise, especially now the building has commenced (ground was broken in October08). The business district is within walking distance as are some of the best schools, colleges and the Makati Medical Centre. About the units The building consists of studio, 1bed, 2bed and penthouse apartments, all with optional parking and many with balconies. Project Parameters- Project Lot Area is 1,865 square meters (20,075 square feet)- 1 Residential Tower, 39 Storeys high (14 units per floor) with 3 passenger elevators- Total number of units: 438 Studio units: 242 1-Bedroom units: 124 2-Bedroom units: 62 Penthouse units: 10 - Access: Legazpi Street (entrance) and Rodriguez Street (exit)- Podium Parking on the 2nd, 3rd, 5th, and 6th floors- Basement Parking on the Basement Levels 1,2,3, and 5- 1 Podium floor for Lobby, 1 Podium floor for Amenities Unit FeaturesSTUDIO UNIT - approximately 32-37 sq.m. / 345-393 sq.ft.Unit inclusions:Laundry AreaKitchen Cabinet /Bedroom ClosetSmoke Detector/Fire Sprinkler SystemGuest Annunciator (audio intercom)Provisions:1 Telephone LineMulti-point water heaterCATVWasher/DryerKitchen range hood1 unit of Split-Type Aircon 1 BEDROOM UNIT - approximately 49-62 sq.m. / 528-668 sq.ft.Unit inclusions:Laundry AreaKitchen Cabinet /Bedroom ClosetSmoke Detector/Fire Sprinkler SystemGuest Annunciator (audio intercom)Provisions:1 Telephone LineMulti-point water heaterCATVWasher/DryerKitchen range hood2 units of Split-Type Aircon 2 BEDROOM UNIT - approximately 81 sq.m. / 872 sq.ft. Unit inclusions:Maid's RoomLaundry AreaKitchen Cabinet/Bedroom ClosetSmoke Detector/Fire Sprinkler SystemGuest Annunciator (audio intercom)Provisions for:2 Telephone LinesMulti-point water heaterCATVWasher/DryerKitchen range hood3 units of Split-Type Aircon Plus individual penthouse units. What to do next Make contact with us and we will send you full information and availability including the Knight Knox exclusive units. Various payment plans can be arranged making this a highly leveraged buy-2-let / or flip investment opportunity.