Stocks, bonds, and mutual funds are just some of your options in growing and securing your money. It is important to make the most out of your hard-earned cash, and there are vast options where to put them. Above all the investment options, however, most people make wise investment decisions by purchasing a land of their own.
The question now is, how would this early investment secure your child’s future? Below are some benefits associated with purchasing a land, especially when you’re thinking long-term.
A land requires no upkeep
Compared to owning an already-built property which requires maintenance costs over the years, purchasing a plain piece of land would be less expensive. It is far wiser to do this, especially if you have the extra money for investing as you need not to worry about its upkeep and management. Your children would also need not to worry about having to check on this property every now and then to make sure it is well-maintained. You just keep it there, and its value appreciates over time.
The land appreciates over time
Stocks have big risks, and savings accounts have low interest. In comparison to these investment options, purchasing a piece of land guarantees more security and returns. Say for example, you invest a million in a property when your child is born. By the time he/she is 18, the value of the land you purchased 18 years back may have already doubled, tripled, or quadrupled from its original purchase price. The great thing about investing on land is that you just sit and wait while the value rises through time.
However, it is also important to note that there is only so much property that is currently available in the market. In time, there is not going to be as much and this will be a big factor in driving up the price of lands, so investing later will only cost you more.
Multiple possibilities and control over the space
By purchasing a plain land for your child, you also give him/her the freedom and responsibility to capitalize and maximize the space on his/her own. Building a home for their future family is one possibility, however, there are still other options such as developing the land for business, resale, or still leaving the land as it is.
As we all know, Metro Manila is already cramped up with different commercial and residential properties. With this, there is now growing interest in investing in suburban areas, one of which is Antipolo. Families are flocking to this city as it offers a lot of space, plus a scenic view of the mountains or the city skyline. There are also ongoing developments in the city, and infrastructures are being built for it to be more accessible from the central business districts.
These efforts include the LRT2 expansion which will add stations in Antipolo, the Marcos Hi-way road widening that will address traffic concerns and speed up travel time, and finally the SEMME, or C6 Skyway that will connect Antipolo directly to key CBDs.
Once these developments are completed, the prices of Antipolo properties will skyrocket, similar to what happened to Ayala Alabang when the Skyway was built in 1999. The children of parents who bought property in Ayala Alabang have seen property prices here go as high as P130,000 per sqm.
Similarly, Antipolo is still in the early stages of development. As people exit the city during the post pandemic reality, rural developments now have the potential to enjoy similar results.
For more information about the ongoing infrastructure projects in Antipolo check out this video: https://youtu.be/p_riLfdjwM4! Don’t forget to subscribe on our Youtube channel and follow us on Facebook (@DanielAllejeRealty) and on Instagram (@listedbydanielalleje)!
If you’re interested to check out properties in Antipolo, don’t hesitate to contact me at 0927 957 2503 or email me at danielantonalleje@gmail.com. It is never too early nor too late to invest in your child’s future. Let me help you in making the right investment decisions.