Condo units to the modern Filipino have become more than just a home for their families; it is now a mode of business that can generate a handsome profit. The secret – converting the condo into a rental format that tourists and expats can readily avail.
Epitomizing this effective and lucrative business model is the highly anticipated Antel Spa Residences, the newest lifestyle residential tower to rise within the heart of Makati.
Embodying the premium of luxury living, Antel Spa Residences offers more than just the potential for rental revenues; it has an annual leasing program already in place for those interested to use their units as income generating investments.
“The advantage of Antel Spa Residences is that it has been designed to be more than just a regular condo home – it also allows the full potential for leased income through the ASR rental pool management services. This means that they no longer need to market their units on their own, we will do the leg work for them,” said Miguel Gascon, Antel director for sales.
Gascon explained that through the annual lease program, unit owners, especially those living abroad, need not worry about the details involved in the rental service. Genesis, the firm hired by Antel to manage the rental pool, will be the ones to handle day-to-day operations, including marketing, maintenance and collection.
“All the unit owner has to do is to wait for the profits to start coming in. The added beauty of the rental pool is that, even though their unit is unoccupied, they will still get to enjoy income because all the net revenues are divided among those included in the pool,” Gascon added.
One added attraction that will help ensure full occupancy for the rental pool is the full service residential suite (FSRS) service offered by Antel Spa Residences.
Pioneered by Antel, the FSRS service allows the lifestyle tower to function similar to a five-star hotel, complete with concierge, room service, laundry, housekeeping, transportation and maintenance services.
Aside from this, Antel Spa Residences also offers many spa-inspired amenities that can help attract even more tenants, including a Sky Infinity Pool, a resort spa pool, a massage center, his and hers spa facilities, a Wellness Academy and other premier amenities not usually found in other condo towers.
Antel Spa Residences’ location also makes it more attractive to tourists and expats alike, since it is nestled in the heart of the Makati CBD, with easy access to major thoroughfares like Makati Avenue, Buendia, Ayala and EDSA.
“In any business venture, one must weigh the potential against the risks. And with Antel Spa Residences, the potential far outweighs any perceived risks. It’s better than putting money in the bank, because you get to earn more than just the interest, at an even faster rate,” added Gascon.
For inquiries about the Antel Spa Residences, call 896-8888, log on to www.antel.com.ph, or visit The Antel Venue Lounge showroom at 5343 Gen. Luna St. corner Makati Avenue, Makati City.