Pinoys are hard-working people and very family-oriented. Many Filipinos who work abroad do so to help their families back home. And their dream is always to save enough to buy real estate for their family.
What if we tell say that you may realize this dream sooner than expected? And that we have found a way for you to invest and earn passive income while you’re thousands of miles away.
Pagudpud Sands Resort
Our project, the Pagupud Sands Resort, will be the first luxury resort to rise on the northern side of the Philippines. Pagudpud is known as a seaside town with white sand coast that can rival that of Boracay. Vacationers from Metro Manila flock to Pagudpud during summer vacation and holidays. The current accommodation sector that includes several local resorts of not more than 50 rooms are full to the brim during holidays like Christmas, New Year, and Easter. Despite the growing popularity, the hotel facilities available to the tourists are insufficient.
Designed as a modern structure that can blend into the local shoreline, the Pagudpud Sands Resort will have 144 condotel units consisting of 1, 2, and 3-bedrooms. Each unit has a living room area, a dining area, and a kitchen. All master bedrooms have balconies.
The amenities to be offered to its guests include an all-day dining café, two infinity pools (for adults and kids), and multiple function rooms with a business center for the corporate set. It will operate its own water sports rental center that will offer scuba diving, kite surfing, jet skiing, etc. A gym for fitness buffs and a spa to soothe the guests’ aching muscles.
With these amenities, the resort can cater to a bigger market. The local corporate companies who conduct national conventions or regional meetings are always on the lookout for new local destinations. The nearby Asian countries also have tourists looking for a quick getaway to relax and spend their holidays.
A recent survey shows that Pinoys are now booking more condotels when they travel with their friends or families for several reasons. For one, they get to enjoy the common facilities like a swimming pool and fitness center, just like a hotel. Secondly, there is security around the area, so they feel safe. And an added amenity (which is absent in a hotel room) is a kitchen for them to cook their food.
As a unit owner, you get up to 14 days of free stay per year in your unit. With all its amenities and located by the famous Pasaleng Beach of Pagudpud, the resort will be easily marketable. For the rest of the year, while you’re abroad, this property can be rented out and earn for you instead of sitting idly. Maybe enough to cover your monthly amortization and maintenance.
The time is ripe for Pagupud to offer a luxury resort at par with Boracay, Cebu, and Bohol. Our company, PSR Development, has partnered with The Entrust Group, who will assist Fil-Ams in checking how to utilize their Self-Directed Individual Retirement Accounts (SD IRAs) should you wish to own a piece of history. Let your family enjoy the fruits of your labor. Leave your children and grandchildren a legacy of wise investments.
- DMCI Homes Communities. (2016, May 28). 8 Good Reasons Why More Families Opt for Condo Living. Retrieved November 12, 2020, from https://communities.dmcihomes.com/reasons-families-opt-condo-living/
- Xy-Za YapeCharmaine Xy-Za Yape is a founding member and a blogger of Filipino Homes. She is also a PRC, HLURB Registered Real Estate Professional, and a Licensed Financial and Investment Advisor. She is an International Realtor member and a Hubspot cert. (2020, August 06). Condotels Meet Investors Business and Leisure Objectives in the Philippines. Retrieved November 12, 2020, from https://filipinohomes.com/blog/condotels-meet-investors-business-and-leisure-objectives-in-the-philippines/