Why city-living in Metro Cavite is the right investment
October 28, 2020
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The mere thought of taking a long drive to work and braving the traffic congestion going back home is already exhausting. Then realizing that you still have deadlines to beat, peers to meet, and errands to perform makes it all the more terrifying. All of these could get easier if you choose to live closer to your workplace and welcome each day with a breeze by choosing city-living in Cavite.
Today, Bacoor City acts as the gateway in Cavite where improved accessibility to southern Metro Manila makes it a top choice as your bedroom community. The city is easily connected to prime central business districts and commercial hubs through key infrastructure developments such as the Manila-Cavite Expressway (CAVITEX) and the Muntinlupa-Cavite Expressway (MCX). Apart from these, another infrastructure that will further enhance accessibility and catalyze urbanization is the upcoming LRT Line 1 Extension – Niog Station. It is projected to partially operate by the first half of 2021.
Modern and exclusive living with The Meridian COHO
The Meridian is located along Palico Diversion Road, a few meters away from the highly commercialized Aguinaldo Highway. It is currently developing the first phase of its resort-inspired and masterplanned development. Given this, the development thoughtfully offers ready-for-occupancy units for investors who are eager to experience city-living in Cavite. They also have the opportunity to purchase it at its introductory value that is very easy on the pocket. The Meridian is comprised of mid-rise buildings featuring spacious studio and bedroom units that can fit any home-dweller requirements. Modern urban dwellers and early and full nesters are given the right amount of choices that they could choose from as their next home in this city. Additionally, more career opportunities are now entering this next wave city. One might want to consider searching for a job closer to home as more industries and international companies are moving in for business.
Why The Meridian is a cut above the rest
What makes a competitive premium condo investment stand out is how a development is being projected and positioned in the real estate industry. The Meridian has an impressive track record in terms of capital value appreciation. Launched in 2018 at Php 2.3 million (Php 76,000 per sqm) per 1 Bedroom unit, The Meridian has since appreciated by a whopping 113% to its current market value of Php 4.9 million (P163,000 per sqm). That’s a gain of Php 2.6 million in capital value in just a span of 2 years.
Property experts also say that a healthy rental yield sits in between 6% to 9%. Given this, The Meridian is at par with the premium condominium investments as it registers a projected annual rental yield of 7.39%. As a beneficiary of the progressive market potential of the city, The Meridian does not only offer convenient city-living in Cavite, but also business opportunities through rental investments.
So if you are weighing your options for real estate investments, The Meridian might just be your best choice. With city-living in Cavite made convenient, accessible, and enjoyable, many more investors will be attracted to get a piece of a premium condo investment in Metro Cavite.