This condo is strategically located in Makati just right at the western edge of Legazpi Village. It takes less than 20 minutes to reach from Ninoy Aquino international airport despite the infamous Manila traffic. It is within walking distance to Greenbelt shopping mall and Washington Sycip Park. Walter Mart is just right below the block and there are various shops and restaurants in the vicinity. Its close proximity to a collection of authentic Japanese restaurants known as Little Tokyo makes it attractive for Japanese expatriates looking to lease. Compared to other condominium in the neighborhood like the Columns by Ayala, the price per square meter in the secondary market is competitive and rental yield is attractive. The sky lounge is the highlight of the condo as it offers a fantastic view of the Makati skyline.
Basic condominium info
The Beacon, Roces Tower, Arnaiz Tower, Amorsolo Tower
Don Chino Roces Ave, corner Arnaiz Ave, Legazpi Village, Makati, 1223 Metro Manila, Philippines
Studio, 1-bedroom, 2-bedroom, 3-bedroom
Pool, Sky Lounge, Gym, 24HR security
~PHP170,000 per square meter
Gross Rental Yield
According to Dotproperty, the average monthly rental for a 1 bedroom unit is P42,250 and the average selling price of a 1 bedroom unit is P6.7 million. This works out to be a gross rental yield of 7.5%.
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