Newthorpe, United Kingdom (PressExposure) July 14, 2009 -- When most of us conjure up images of the Philippines, we think of a far and exotic group of thousands of islands scattered in Southeast Asia that is far removed from a Westernised way of life.
However the Philippines is actually reputed to be the most Westernised of all of the Asian countries and has a lot to offer the prospective investor as it possesses an emerging property market with huge potential.
It has long standing roots with the Western world, it has a US and Spanish cultural heritage with its own unique flavour. It is also the third largest English speaking country and employs a democratic form of government (the metropolis of Manila being its capital) both of which make doing business their much easier than in other Asian countries.
The country itself is a tropical paradise, thousands of tourists are increasingly becoming aware of its natural beauty, temperately warm climate and gentle winds. It is said to be ecologically one of the most diverse countries in the world and is fast becoming the top tourist destination in Asia, particularly for the Chinese who are just north of the islands. The increased tourism has increased the property market and this is set to continue.
The Philippines currently has a wide range of property to offer and contrary to other parts of the world, Manila in particular is said to be currently undergoing a property boom and as such DSR Asset Management Ltd. has some exciting and lucrative opportunities for investment to take advantage of the current economic situation in Manila.
DSR Asset Management Ltd. have a number of exclusive, stylish and modern condominiums at a number of locations across the capital. In prestigious Raffles they are offering condoâs (from Â£165,000) that can generate a massive 25% capital growth with up to 80% financing from a best in class developer.
Lower priced investments are also available, with ready-to-rent condoâs from around Â£30,000 that can still generate 8-14% rental returns with a 30 day free usage allowance. There really are some fantastic investment opportunities in the Philippines that are not to be missed.