Perfect Investment! Perfect Location!

Camella Condo Homes at Legazpi Village, Makati City, soon to rise!!


The legendary name "Camella" will soon to rise in Legazpi Village, Makati City - Camella Condo Homes Legazpi Village!!

Live a few steps away from Greenbelt Mall in Makati City. A Residential Condominium project comes in affordable low prices with complete amenities in a perfect city!

On behalf of Vista Residences Inc., we would like to invite you to become as one of our privileged prime property owners. It is at our utmost intention to extend this opportunity to a wise investment. Our projects boast of its features – design, style, and amenities as well as its benefits – location, convenience, and value appreciation. This Residential Condominium project offers a prime investment opportunity with its strong leasing potential brought about by year-round tenant demand.

For more information, you may visit our Facebook Ad Pages (Like us on Facebook) http://www.facebook.com/wiseinvestment

http://www.facebook.com/pages/Camella-Condo-at-Legazpi-Village-Makati-City/195659480531302

You may get in touch with us through our contact Nos. 0920-673-9886 / 0932-350-1433

or send us an email directly to vistaresidences.investment@live.com

I am willing to discuss to you further the details of our projects.

Thank you and have a great day!

BIR raises taxable real estate thresholds

BIR raises taxable real estate thresholds 

(The Philippine Star) Updated December 04, 2011 12:00 AM

MANILA, Philippines - Property owners and real estate developers can now enjoy added relief from value-added taxes (VAT) with the issuance by the Bureau of Internal Revenue (BIR) of Revenue Regulation 16-2011, which increases the threshold amounts for VAT-exempt transactions, as follows: (1) From P1.5 million to P1,915,500 for lots only; and (2) From P2.5 million to P3,199,200 for houses and lots.

Adjacent lots, even if covered by separate titles and tax declarations, can be counted together when sold to a singular buyer. Lots will be VAT-exempt as long as the aggregate value does not exceed the P1,919,500 limit.

The lease of residential units for a monthly rent of P12,800 and below shall likewise be VAT-free. Residential units leased over P12,800 monthly is also exempt if the aggregate rental for the year does not exceed P1,919,500.

In Jan. 5, 2011, the Chamber of Real Estate & Builders’ Associations, Inc. (CREBA) submitted a recommendation to the Housing and Urban Development Coordinating Council (HUDCC) for the adjustment of price ceilings on real estate transactions that are exempted from the payment of the 12 percent VAT.

The proposal was subsequently endorsed by HUDCC chairman Vice President Jejomar C. Binay in a letter addressed to Bureau of Internal Revenue (BIR) Commissioner Kim S. Jacinto-Henares.

Pursuant to Section 4.109-1(B)(p)(4) of BIR Revenue Regulation 16-2005, the present value could be adjusted every three years using inflation or the Consumer Price Index (CPI) as basis.

According to CREBA, inflationary pressures and the continued price increases of construction materials, more specifically cement and steel, for the last six years since 2004 has been a huge burden to the real estate and housing industry. NSO and BSP data indicate that for the same period CPI for all items increased by as much as 50 percent, while housing and power CPI increased by 36 percent.

According to national president Charlie A. V. Gorayeb, the issuance presents a huge opportunity for more Filipino families to own a home and for the property industry to develop more units which will unleash the widely-recognized economic multiplier effects of housing as a catalyst for national growth and development.

 “By creating an environment favorable and conducive to real estate business and investments, developers shall be able to build more units to address the nation’s growing housing requirements, generate more jobs for our people, and spur economic activities that will transcend at least 68 allied industries whose products and services are inevitably required for each house that is built. Add to this the enormous benefits to government and the people through revenues generated from taxes,” Gorayeb concluded.

The new regulations will take effect starting Jan. 1, 2012.

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How to choose the right investment now a days?

Hi reader!




Our topic is about choosing the right investment or property now a days. Investing your hard-earned money is not a easy. If you are really decided to invest in Real Estate for your future and your looking for a property for a long term use and your main concern is the developer, you have to consider these reasons "why should I buy this property?"


Reasons to buy:

1. The Developer: There are lots of developers in the Philippines that build-and-build residential condominium and House & Lot projects, be wise in choosing developer and project. Look for the developer that is stable, reputable and established. Much better if your choice of Developer has an existing project with more 5 to 10 years. By then, you will see how the Developer maintained and established the community/project for long term use. And also how strong/good the quality of the structure and building type.

2. Professional Property Management (PPM): Projects with out PPM is like buying a property way back to 1980's and 90's (not well-maintained). Its very significant to a Village or Residential Condominium building to have a PPM, they will be responsible to the maintenance of the community and all the properties within the project. It will keep your property in good condition with regards to investment value. For Residential Condominium projects, PPM is also responsible for projects/properties with strong leasing potential for leasing out units on behalf of the unit owner (depends on the agreement of PPM and the unit owner).

3. Effective Space Planning: Of course, space is what we need especially for a family with more than 3 members. Space planning is important in a Real Estate Condominium project, look for the typical floor plan layout and ask how many units per floor. You will then see how the project will looks like if the number of units is too much or just for a Residential Condominium building. Well ventilated and high ceiling building and unit are the features and best factors to consider in choosing a property within the city, especially if your unit is facing Afternoon Sun, expect that your unit will consumed high electricity for the usage of air-con because the heat of Afternoon Sun cools-down till 6:30-7:00 P.M. So, high-ceiling and wide windows will help.

4. Good Investment Value: If you are an investor, the first factor you consider in buying a property is the price per square meter of the unit in a certain location. If the price per square meter of a unit is expensive, well your property has a good investment value. Usually the property increase its value yearly with a ROI (Return of Investment) for every 3 to 5 years, more or less 30%.

5. And lastly, Perfect Location: This is most important in choosing and buying a property, the LOCATION. For Residential Condominium project not only location but also the view, especially for High-rise buildings. In buying a Condo unit you're not only paying the unit, you're also buying the view, the features and amenities of the entire project. So choose a project with complete amenities and unique features in a perfect city!

I hope my post is helpful as your future reference in buying a property. Should you have comment or suggestion, feel free to send us an email directly to vistaresidences.investment@live.com

Thank you for reading. Have a great day ahead!