Since time immemorial, Tagaytay has been associated with lush greeneries, a breathtaking view of a lake within a volcano within a lake, all-year sweater weather, and a lot of sprawling vacation houses and villas. Being a popular tourist spot and a weekend getaway, especially among Metro Manila’s urban dwellers, Tagaytay developed a very laidback ambiance through the years. The city has become home to many fine-dining restaurants, health resorts, and retreat houses, among many others. As of late, you can even add condos for rent in Tagatay to the list.
Tagaytay is one of those cities in the CALABARZON Region that never goes out of style. Weddings are held in this city practically every single day, while many companies, especially those in Metro Manila, normally choose Tagaytay for their company activities and outings. Add to these the fact that literally thousands of Metro Manila residents drive here every weekend to escape the heat of the capital.
These have made the city a viable location to invest in a condo for rent. Tagaytay attracts transients and tourists literally by the thousands every month, so many savvy real estate entrepreneurs have seen the potential of renting out condo units in the city to accommodate this regular flow of visitors. A number of real estate developers have also recognized this potential, and many have built and are building condominium projects in many parts of the city.
One of these projects is Wind Residences by Henry Sy-owned company SMDC. This project boasts of ten 20-storey residential towers situated along the Tagaytay–Nasugbu Highway. Each tower offers studio, one-bedroom, and two-bedroom condos, ranging in size from 20 to 66 square meters. Short-term rental rates for a studio condo in Wind Residences normally ranges from PHP 3,500 to PHP 3,700 per night, while long-term rental rates (minimum of six months) for one-bedroom units normally range from PHP 25,000 to PHP 27,000.
Another project that offers affordable condos for rent is Cityland Tagaytay Prime Residences located in Barangay San Jose. This 20-storey tower offers cheaper condos for rent than Wind Residences. In fact, a two-bedroom unit measuring 60 square meters can be rented for as low as PHP25,000 per month.
If a flat within a secure gated location is preferred, then may we suggest units for rent in Don Tim Development’s Leisure Suites in Alta Monte. Although this project does not
offer views of the Taal Lake, this cluster of quaint low-rise condo towers offers larger spaces at more affordable rental rates. A 60 square meter two-bedroom condo here can be rented for just PHP 18,000 per month.
With the proliferation of short-term rental condominiums and other residential properties, many vacationers are now seeing the benefits of booking units rather than hotel rooms for their next holiday in Tagaytay. Not only are short-term condo rentals more affordable, but they also provide much bigger spaces that accommodate entire families. They even come complete with well-appointed kitchens!
More people now opt for short-term rentals rather than hotel rooms, making condos in tourist spots a viable real estate investment option. Indeed, as long as people continue to visit and enjoy tourist spots like Tagaytay, there will no shortage of vacationers willing to book them.