Vista Residences sees growth potential in condos for OFWs

MANILA, Philippines — Vista Residences, the prime condominium developer of the Villar family’s Vista Land & Lifescapes Inc., is training its sights on the rich market of overseas Filipino workers (OFWs) by offering them condos for dwelling or for investments.

This as OFWs, redefined as the new global Filipino, have acquired financial literacy through the years and readily acknowledge that placing some of their money in real estate, considered a stable, long-term investment, would secure their future.

Bangko Sentral ng Pilipinas (BSP) data showed that in 2022, OFW remittances hit a record $36.14 billion, surpassing the previous year’s total of $34.88 billion.

Rising in Metro Manila’s premier locations, Vista Residences’ condominiums tout proximity to the country’s business and commerce epicenters and to the leisure and entertainment hubs that ensure Vista residents are constantly close to where the action is. Families with children and young adults are also assured of Vista Residence’s access to public transport, and the reputable schools, colleges, and universities that they go to. Medical facilities, retail establishments, and other essential destinations are also a short commute or drive away.

On site, Vista properties offer top-of-the-line amenities – fitness centers, function rooms, game rooms, gardens, and swimming pools. Vista Residences’ homeowners will likewise find AllDay convenience stores, coffee shops, and salons right within the community. To top these all, Vista residents will find security and comfort in the property’s sustainable eco-friendly features, green spaces, and smart buildings.

“When overseas workers come home to roost once more, they want a safe haven in which to renew their ties with loved ones; they deserve a fine dwelling that will last through the myriad milestones of their lives. I believe that a high-value property such as Vista Residences is the best investment the global Filipino can ever venture into,” said Eda Tambologan, Vista Residences division head.