THE PREMIER developer, PrimaryHomes Inc. (PHI), has proudly secured the prestigious title of “Best Investment Property in Bohol” for its Royal Oceancrest Panglao 2 development at the esteemed Dot Property Philippines Awards 2023, held on September 14 at The Peninsula Manila. This recognition reaffirms PrimaryHomes' unwavering commitment to its promise as the most reliable partner in the real estate industry, offering value-for-money properties and outstanding investment opportunities.
Founded by the Dot Property Group, the Dot Property Awards takes a unique approach to identifying leading companies in Southeast Asia, recognizing the best projects using their property portal network and associated user data. Now in its eighth year, the Dot Property Awards honors the best real estate products in Thailand, Vietnam, and the Philippines.
“We are honored to be recognized as the Best Investment Property in Bohol. This accolade is a testament to our dedication to creating projects that not only enrich the lives of residents but also provide excellent investment avenues,” said Mr. Ramero Espina, the company’s Vice President for Sales and Marketing.
WHY IS ROYAL OCEANCREST A GOOD INVESTMENT?
Aside from end-users, this condominium development has attracted individual investors who have seen its income-generating potential and the rewards of renting it out as a property.
Espina believes that the company’s Royal Oceancrest development is a prime example of how real estate can offer both a vacation getaway and substantial returns on investment.
With its strategic location near the white sand beaches of Panglao, professionals, young families, and even individual tourists are flocking to the island, driving up demand for this property as a rental opportunity.
As a result, the value of this development is rising steadily, making it an enticing prospect for real estate investors seeking long-term returns.
“Buying a property can offer several investment rewards, including potential appreciation in value over time, rental income from tenants, tax benefits such as deductions, and a hedge against inflation,” Espina explained, asserting that PrimaryHomes’ developments have always been focused on providing their buyers with the utmost financial benefits in the long run.
Bohol's economic diversity, bolstered by tourism, has increased the demand for rental housing as foreign and local tourists flock to the area for tourism.
PANGLAO'S RENTAL MARKET
Espina pointed out that the rental market in Panglao, in general, has been promising due to several factors such as its location as a prime tourist destination, economic conditions, population growth, and local job opportunities.
The rental market for condominiums is a segment of the real estate sector where individual units within condominium complexes, like Royal Oceancrest, are rented out to tenants. Condos in prime locations normally experience higher demand from tenants, thus offering more potential for passive income for unit owners.
With Royal Oceancrest Panglao 2’s accessibility to major attractions in Panglao and the Bohol-Panglao International Airport, this property holds immense appeal for tenants, including tourists visiting Panglao.
Royal Oceancrest Panglao 2 is one of the company’s major projects in one of the country’s prime tourist hubs, Bohol, which undeniably boasts a promising real estate market. Bohol has one of the country’s most promising real estate industries, with its booming tourism industry and rising incomes of potential property buyers such as overseas Filipino workers.
“These are some of the factors that fuel our optimism towards Panglao. Buying a property in this part of the country is one of the best investment decisions one can make. This award that we received from Dot recognizes that Royal Oceancrest Panglao 2 demonstrates exceptional potential for investors, with factors such as location, returns on investment, and growth prospects taken into consideration,” the company executive said.
A RESORT-LIKE GETAWAY
The Royal Oceancrest Panglao 2, located in Barangay Dao in Dauis, Panglao, will have a total of 1,311 units and is expected to be completed in the first quarter of 2026.
The company’s Oceancrest development also offers an enriching and resort-like getaway for its homeowners.
The five-tower development is designed to have resort-inspired amenities, including an amphitheater, infinity pool, clubhouse, fitness gym, children’s playground, function halls, multi-purpose court, grilling stations, and commercial spaces. Other amenities also include a meditation garden and koi pond, sunken garden, jogging trail, garden pods, and events garden, giving residents the opportunity to relax, reconnect, roam around, and immerse themselves in the beauty of the natural features.
The expertise of the Primary Group of Builders, combined with PrimaryHomes' solid reputation as the most trusted real estate brand, attests to the quality of the Royal Oceancrest brand. PrimaryHomes has been the most trusted real estate brand in the Visayas for over 30 years already.
The community is designed as a safe and secure haven of wellness and leisure with resort-inspired amenities such as swimming pools, clubhouses, fitness gyms, children’s playgrounds, function halls, multi-purpose courts, grilling stations, and commercial spaces. It boasts massive open spaces with its meditation garden and koi pond, sunken garden, jogging trail, and events garden. Its buildings also feature viewing decks and garden pods.
Royal Oceancrest developments have well-constructed towers that highlight open lobbies, wide hallways, well-ventilated staircases. Its security features include a closed-circuit television (CCTV) system, fire alarm and sprinkler system with fire exits, and standby generator sets. Each unit is also equipped with a smart door-lock system.
With its highly functional setup, Royal Oceancrest Panglao 2 is perfect for renting out and is well-suited for transient travelers and tourists. With its superb combination of a strategic location, resort features, and well-constructed units, it is truly a rewarding investment.
To start the journey towards a profitable vacation condo investment, one may visit the newly opened Royal Oceancrest Panglao Showroom located in the commercial area of Royal Palms Panglao Tres.
To book a tour, PrimaryHomes Bohol Office can be reached at (0917) 626 1530, through its website www.primaryhomes.com, or through its Facebook page. (SPONSORED CONTENT)