Looking for an investment opportunity, a leisure home or a retirement haven?


(Editor’s Note: From time to time we give space to announcements from friends and fellow Pinoys. This is one of them. If you’re in the New York area on August 30, 2007, read on.)

Most of the surveys conducted in the United States showed that 60 to 65% of respondents especially baby boomers are looking into the future and opting to retire early. But they just don’t know how to pull it off. Anyone unfamiliar with the Philippines would not know where they can live in comparative luxury.

And while that is true, some baby boomers are not yet willing to give up the money, the power, and the prestige yet but would rather take the path of investing in some form of offshore real estate for financial security.

Ayala Land International Sales, Inc.(ALISI), a wholly owned subsidiary of AyalaLand, Inc. – the Philippines oldest, largest and most trusted developer in the Philippine real estate industry, and its accredited marketing and promotion agent, Pacific Asia Leisure together with ARGUS USA Ltd. will be launching the Real Estate Investment Tour- a joint presentation with BPI Express Remittance, at the Board Room, Philippine Center 556 5th Avenue, New York, New York 10036, on August 30, 2007 at 6:00 p.m.

Sponsored by the Department of Tourism, the Real Estate Investment Tour is a one-stop solution for expatriates, retirees and investors who are in the exploratory process of purchasing properties in the Philippines like the AyalaLand developments while on holiday. “This program would certainly be a confidence booster for someone looking at the Philippines not only as an investment opportunity but as a retirement haven,” said Emma Ruth Yulo, Tourism Director, New York.

For the price of USD199.00 per person (minimum of two) the tour package provides information services specifically tailored to each retiree’s or investor’s unique style and includes VIP meet and assist at immigration and custom, round-trip airport transfers to the hotel, two nights deluxe hotel accommodation, daily breakfast, one buffet lunch, property tour of choice, half-day city tour and a free hour consultation with an accredited real estate advisor, lawyer, banker and insurance broker including visa/residency. The amount of $199.00 is refundable upon purchase of property.

The Philippine economy is on the rebound. Reports showed that the country’s gross domestic product grew 6.9 percent in the first quarter of 2007, which is the highest in 17 years. Interest rates are at historic lows, making such condominium unit returns highly attractive. At present 364-day T-bills yield less than 3.82%, while interest rates on one-year time deposits are around 1.5% – 2% annually. A five-year time deposit returns only 5% per annum, and a 5-year T-bond earns 5.68%.

According to a survey just released by the Global Property Guide, the rental returns from letting residential condominiums in central areas of Metro Manila range from 8% to 15% yearly. Ruby Aquino, Pacific Asia Leisure’s president said “Now is the best time to buy Philippine properties. Timing your investment to the economic upswing makes all the difference.”

“If you are looking into buying real estate properties that will give you superior returns on your investment, consider the developer’s reputation,” advised Dinna Bayangos, president of ALISI. AyalaLand Inc. began in the mid 1900’s by developing vast marshlands into what is today, the Makati Central Business District. From shopping centers to office buildings, from 5-star hotels to industrial parks, and from subdivisions to high rise residential condominiums, all of Ayala Land’s products have been well received by the thousands of customers many of whom, in testament to their satisfaction, own multiple Ayala Land properties. Over the years it has gained significant experience in developing world class real estate developments with outstanding performance in quality, reliability, safety and on time delivery and has maintained a solid track record.

AyalaLand Inc. offers residential lots, gated communities to condominium living that fit everyone’s budget ranging from USD23,000 to USD600,000 with low 10% down payment and balance amortized through in-house or bank financing from Bank of Philippine Island.

Join us and and find out why AyalaLand developments are the best choice for overseas Filipinos. Explore how you can own a leisure or second home whether as a retirement retreat or an investment vehicle. Reserve a seat now! Seats are limited. You may RSVP at 212-661-3270 or email to sales@myphilippineproperties.com; BPI Express Remittance at 212-644-6700 ext. 18, email to bpiny@aol.com.; Argus at 917-607-0403, email to margus98@aol.com. You may visit www.myphilippineproperties.com.

Find more like this: Real Estate

Comments

  1. Datu Puti says:

    Why the hell are we offering house and lots to foreign nationals when hundreds of thousands are homeless?!?!?!?! How can we allow a small number of people own and control the majority of wealth and land?!?!?!

  2. Lance says:

    Ummm, a case of brain slower than the keyboard? I think ti campaign is geared towards any nationals. Reading it it seems it is geared really for Pinoys wanting to retire back home.

  3. Gerardo says:

    Hey my parents retired in the Philippines after working as a Nurse and an electician in the US military. They love it! Ofcourse we miss them :-(

    I’d love to retire in the Philippines someday. God knows Social Security would mean nothing when I retire.

  4. Dana says:

    I hear you Gerardo. I don’t know what retirement future will be living here in super expensive Bay Area. I too would love to retire in my home country.

  5. Datu Puti says:

    Don’t come at me with your condescending remarks. This is not just gauged at Balikbayans. One of their major selling points is that you no longer have to be a citizen of the nation to own land, business, etc. My whole point is, why does corporations like Ayala own so much and are selling so much while hundreds of thousands are HOMELESS!!!! What part of that didn’t you understand?!?!?! Don’t get me wrong, there are serious social problems in the U.S. from education, to housing, to medicine.
    The U.S. government represents corporations more than they do people. This is the government that the Philippine Gov is trying to emulate. There might be economic growth but who does that wealth go to? Not the rising number of the population going hungry, I bet you.

  6. Lance says:

    A lot of Filipinos living in the US have become US citizens and thus therefore legally not allowed to own properties in the Philippines. I think the emphasis on the fact that now “you no longer have to be a citizen of the nation to own land, business,” is to address that legal impediment. So it’s not necessarily to accommodate foreign nationals.

    You have a very obtuse way of taking in things Datu. I advise you read more carefully next time before you open your mouth, er i mean, pounce on your keyboard.

  7. Lorna says:

    The Ayala’s although still part of the big business community is one of those companies who value corporate responsibility in my opinion. Compared to business who could care less if they build a shopping mall in the center of Intramuros, this one company I admire in terms of environmental awareness and regard quality of service and product a top priority.

    I think it’s unfair to completely label them as anti-poor because ‘they own so much and many are homeless’. That arguemtn seems to be childish and simplistic.

  8. Datu Puti says:

    Childish and simplistic? Ayala is a corporation whose #1 mission is to enrich itself and obtain capital in a capitalistic nation. What is childish and simplistic is the notion that because they are a bit more responsible than most corporations or may be a bit more environmentally responsible they are automatically to be admired and commended. There are reasons why they have Public Relations Departments and why they publish and let you know the good they’ve done. I hate the fallacious arguement of “they are better than blah” or “it could be worse”. That does not make it right. By your arguement, Lorna, maybe we should forget about the injustices of:

    Philip Morris, since http://www.dailyping.com/archive/2001/08/19/

    etc.

    We should forget about the tens – hundreds of millions killed, injured, displaced, etc. by U.S. Foreign Policy because they’ve helped from time to time, sometimes during emergencies.

    We should forgive the Marcoses atrocities, namely Imelda, because advocate birth control and sex education.

    More often than not, Corporations do philanthropic deeds with an ulterior motive.

  9. Ching says:

    Where can you get better returns of 8%-15% except to invest in Philippine properties…no banks can give you that…the Philippine economic growth is the best that ever happened…so wake up Datu! Be proactive!..

  10. Lance says:

    If people followed this guy Datu’s persepective, we should just stop all that we’re doing, believe in nothing, dream of nothing because the world is an unfair ruthless place filled with greedy evil men and we can’t really do anything about it. Great.

    Sigh. The sky is always falling.

    Buying a ‘home’ to retire to when you’ve worked your ass off you’re entire life does not mean we will forget all the ills of the world. That thinking IS childish, simplistic and outright ignorant.

    Do we need to save the world in every action and decision we do? Someone is just offering to sell a house and lot and you go yelling ‘The British are Coming (2x)”

    Good grief.

  11. Datu Puti says:

    I said nothing about Balikbayans and clarified that it was not directed at them but foreign nationals. I am not that one with selective reading here. I have not said that the world is filled with evil men but many of our leaders and the ones we are told to look up to do not deserve it. There are in fact many great people and organizations in the Philippines and abroad. I admire people like Ka Bel, Satur, and Trillanes. I admire the philosophy of Marx, Sison, and Che, though I do not fully agree with them. I believe we need a new Rizal, Bonifacio, or Lapu lapu to emerge. I believe we could use a president like Hugo Chavez and I hope that maybe Trillanes or other “leftists” might one day be like them.

    I am not a communist but I advocate social change and justice. There is something wrong with a society that has enough to feed everyone but has a good percentage of their population know what it is to be hungry. There is something wrong with a society that has all the wealth (U.S.) and still has poverty and the abzence of universal health care, day care, education, transportation, etc.

    There is something wrong when Filipinos here in the United States purchase a number of $100+ shoes and thousand dollar wardrobe that was manufactured by our brothers, some as young as 6, for a dollar a day. Those that are in the U.S. and those back home wearing “stateside” clothes, check the tag. You see the “Made in the (Third world country”, that is most likely made in a sweatshop.

  12. ching says:

    Datu…I don’t mean to preach but really there is good in everyone. If only private citizens do what they can in their own right it will be a beautiful world. There is no evil in any society. It is actually what you make of it. The leaders are elected and needs the support of its constituents.

    All the ills you see are created. Social change begins within us. We should start changing our attitudes and take a better look at things.

    If you want to thrive in business it makes sense to source out and make a good profit whether it is originating from a third country. True, Filipinos pay a fortune for imported goods like every else in the US. These are quality goods by the way coming from the third countries. Third countries like the Philippines have to offer goods at good prices inorder to compete globally. It is what the market dictates less the shipping cost and taxes…If that’s what it takes to survive then so be it.

  13. Datu Puti says:

    Ching, I agree that there is good in everyone and good and evil is generally arbitrary and relative. I would have to argue that there is evil in most societies. As far as “elected by the people” two cases in point, Hello Garci and Florida Recount 2000. People can also vote for the wrong person, i.e. Bush 2004, Erap, Marcos, Sarcozy, etc. People can be misled to believe that what and who they are voting for is right and just through Propaganda (FOX News) and Fear Mongering, i.e. Bush on Iraq and Marcos on the NPA and CPP.

    You are mostly right in saying that the ills in our society are created. But can’t we justly blame corrupt officials, among many others, for the ills of society. One should not always look at the glass as half full of half empty. Fact is it’s half when it should be full. Some glasses overflow and some are dry, that is the way of capitalism.

    You need to turn off your tv, kapatid. One of the problems with Philippine Society is that OFWs work their ass off so they can buy pasalubongs for their family. Pasalubongs like Nintendos and Playstations, makeup, “imported” clothes, fragrances, food items. This doesn’t keep the wealth in the community. They make money for little to nothing and give it right back to the people they worked for. With all the foreign goods purchases, who do you think makes the money? Capitalist exploitation keep us a third world country.
    Television tells you to buy this and that, has you dream of a house here or there, a trip to some foreign distant land. It has you wanting jewelry, cars, bags, etc. The ones that want it bad enough and may be less than moral become corrupt and try to quench a thirst that will never go away. Who’s left to suffer in the end?

    Gandhi advises us to “Live simply, so others may simply live”. We are doing too little of this.

    Contrary to what the media tells you, You do not need a wardrobe. You do not need a large house and lot. You do not need a fancy car. You do not need jewelry. These superficial wants and needs of ours are leaving people without healthcare, education, housing, food. All of which should be universal human rights in this day in age.

  14. Jojo says:

    Hey how about a roadtrip here in Los Angelese? Anyone from AyalaLand coming here too? I would be very interested in this. Thanks.

  15. Richard says:

    Yeah I’m in the Bay Area. I’m also interested.

  16. Munti says:

    I want to share a slight story before Ayala Alabang is architected for the riches. This area ( up to late 70`s )was occupied by the local government, partly was used to housed animals for testing medicines by the University.,most of the land is covered by talahib and mango trees. Less than twenty families are living in mango trees area and they earned their living there in taking care of those mango trees. These poor families cant do anything to stop the selling of the land to Ayala Corp., they were relocated and the Land Reform from the Local govt.,they can forget for the rest of their lives.
    I dont disagree with developments,but why are the poor not included for those developments, why the rich can own swimming pools inside this village and the poor not even given a piece of land beside this area?
    If one of you will happen to fly a South bound carrier you can see on the right side as soon you take off this village and just relate this story in mind..
    Because the rich are housed there the developments continues, the public cemetery is converted to malls, the jogging area to a festival/shopping mall, two types of hospitals,one for with much money and one for with money,and no PGH as a such.
    In this situation the local offials had could do more favouring the poor , but that was not the case.
    The land developers are coming to your areas its not only Ayala doing this also of his sort, America/Cananda is their favorite market and in Europe Italy and England.

    I dont stop you guys for buying or investing your hard earned money, I can immagine how you will prefer your life situation on retired age.
    I think this a part of individual lifestyle evolution…,as the money of these investors multiplies.

    my part

  17. Munti says:

    Datu, I agree with most of your arguments but please do exclude Joma on your admiration list,. I hope he will decide to go home and die for his loved countrymen. If this will be the case I will even accompany him to Schiphol and bring a banner texting ” Go Fly and die for your country”.Signed by the poor..

  18. ching says:

    hi Jojo…Richard..i see that their is website ….you may want to click on http://www.myphilippineproperties.com…it‘s quite interesting! you guys can still get even tho’ you are in the bay area..

  19. reb_el z. says:

    munti, there is a specific reason why he can’t come back to his homeland even though HE DESPERATELY WANTS TO…he’s barred pare…

    Anyway, Ayala and the other 13 families who own most of the Philippines have got to be question as how they sequestered them. No one has yet mentioned the impact that these families have accosted us, including the Ayala’s Spanish background and their illgotten wealth after their conquestador brothers left.

    I see these commercials on TV, and I’m thinking to myself, hey that’s not a bad idea. Go to the PI, and get yourself a nice house. Afterall, I found out that most of the domestic workers I socialize with have big homes in the philippines and are working less than minimum wage here with no benefit, and mostly undocumented.

    But then again, I ask myself, who really owns these huge high rises. Didn’t i remember the chines government putting billions into the real estate program. Didn’t I hear that De venecia has a plan where all the debts Philippines incurs would be paid off by giving countries we own entities and land entitlements to boost up infrastructure and real estate for THEIR benefit.

    Since when have we really seen the real estate business being profitable to the simple folks? Since when have demolishing shanty towns, eradicating decent jobs, or tearing families been acknowledge. How the hell you can you build the biggest mall in asia, to one of the poorest areas in the world?

    The real beef I have is that people are drawn to riches like flies drawn to electricity. They see this brightness, and figure that’s what i want, that’s what i’m gonna pursue. yet they fail to notice that having these riches has a consequence, and that all the remittances we have gotten from our tired OFWs are going not staying but going out cuz we can’t keep our hands off foreign products.

    Maybe, just maybe, the reason why people think this is alright is because they want to show off that they are wealthy to their neighbors. I’ve seen this fault so many times, and it pisses me off. Why can’t we live with our means, and help our brothers and sisters out with our extra cash?…is selfishness our prime vice?

  20. ching says:

    It is rather easy to leave societal needs to the government or business sectors and beef regarding the ill in our society. We are all looking from the outside. We can all try to find one solution/solutions to our social problems, take a stand and spread the solution …persuade everyone to take a leap…any volunteers?

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