Affordable Rent to Own Condo in Manila

 

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Rent to own condominiums in Manila have a wide range of prices starting from Php12,000 per month and to as much as over Php47 million at full purchase price.

June 24, 1571 is regarded as the official founding date of the City of Manila.

Manila is divided into 16 administrative districts: Binondo, Ermita, Intramuros, Malate, Paco, Pandacan, Port Area, Quiapo, Sampaloc, San Andres, San Miguel, San Nicolas, Santa Ana, Santa Cruz, Santa Mesa and Tondo.

From 1948 to 1976, the seat of national governance was moved from Manila to Quezon City. Manila was reinstated as the capital on June 24, 1976.

 

Renting to Own in Manila

Rent a Condo in ManilaAlthough renting out at a monthly rate appears to be the most convenient option for students, young professionals and families moving to the City of Manila, renting to own a condominium combines the convenience of a ready-to-own dwelling with the security of an investment. Condominiums are available in a variety of sizes starting from studio-type all the way to 4-bedroom units. These are perfect not only for residential use, but also for conversion to home offices.

These condominiums are situated in premier towers such as The Silk Residences, Admiral Bay Suites, and Eton Baypark. These developments have 24-hour security staff, CCTV monitoring, and other security measures to ensure the peace of mind of residents. Condominium residents can enjoy other amenities such as swimming pools, playgrounds, and fitness facilities such as gyms. Perhaps the best feature of these units is a natural one: a view of the famous sunset over Manila Bay and the city skyline!

A plus of renting to own a condominium is having a home or workplace in proximity to major government offices as well as schools, commercial centers, and financial institutions. Students will benefit greatly from condominiums situated near universities and colleges such as De La Salle University, University of the Philippines Manila, University of Santo Tomas, Far Eastern University, and the Polytechnic University of the Philippines. Also nearby are large malls such as Robinsons Place Manila in Ermita, SM City Manila, and the Lucky Chinatown Mall. Apart from national government offices, various local and international companies have offices based in the City of Manila. All of these are readily accessible via public transportation, such as buses, jeeps and the LRT 1 train line.

 

The Queen City of the Pacific

Affordable Rent to Own Condos in ManilaWhat is now known as the City of Manila was once comprised of settlements and trading quarters ruled by different datus and chiefs. During the Spanish colonization, Manila was confined to the walled city of Intramuros, and the surrounding areas of Tondo, Santa Ana, Pandacan, Malate, Ermita, and Paco were considered suburbs. Today, Manila has expanded to include all of these, as well as the old Chinatown in Binondo, the neighbourhoods of Quiapo, Legarda, and Santa Mesa, and the barangay of San Miguel surrounding Malacanang Palace, the official residence of the President of the Philippines.

Manila has retained its importance in the educational and healthcare systems of the country. Many of the Philippines’ oldest basic and tertiary educational institutions had their first campuses in Manila, or still retain facilities there. One of these is the University of Santo Tomas, reputed to be among the oldest universities in Asia. Also found in Manila is the Philippine General Hospital, which remains to be a referral center for highly complex and specialized cases throughout the country.

Although other metropolises throughout of the Philippines have also risen in economic and political importance, Manila is still considered by many to be the seat of culture in the country. Many historical sites and buildings are found throughout the city, especially in the old walled fortification of Intramuros. These architectural wonders include old churches such as Manila Cathedral, San Agustin Church, and San Sebastian Church, which date back to the Spanish colonization. Manila also has examples of neoclassical architecture such as the façade of De La Salle University, and the buildings of the National Museum of the Philippines. The latter is divided into three portions: the National Museum of Fine Arts, the National Museum of Anthropology, and the recently opened National Museum of Natural History. Other museums such as the Metropolitan Museum and the ecclesiastical collections of different churches are also highlights for tourists and scholars in the city.

 

 

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