PrimaryHomes opens loft showroom in Eagles’ Nest
Cebu’s most reliable developer, PrimaryHomes, Inc. (PHI) recently opened the showroom of its loft units at Eagles’ Nest Condominium in Canduman, Mandaue, City.
Eagles’ Nest is a mid-rise residential condominium developed primarily to address the need for quality yet affordable living option for families with students enrolled at the Sacred Heart School Ateneo de Cebu. This development aims to P.L.E.A.S.E. offering the accessibility and conveniences of its Perfect Location, having Enriching Amenities, and being SchoolEndorsed.
With its perfect location, Eagles’Nest helps parents and students avoid any wasted time and reduces transportation costs benefiting the family up to over Php 20,000 a month savings on transportation expenses like car amortization, driver salaries and gas. Located right beside the school, Eagles’ Nest is School Endorsed; fully supported by the Ateneo de Cebu as an alternative living arrangement for students. This will allow students more time to both study and do extracurricular activities, aiding them to become well-rounded individuals. Eagles’ Nest also boasts of Enriching Amenities such as a study hall, science observatory deck, themed lounge per floor, commercial area for laundry, convenience shop, food court, and tutorial services. In fact Tutoring Club Cebu has already opened at Eagles’ Nest.
Top of the line fire alarm and sprinkler system with fire exits, back-up power generation, and Closed Circuit Television (CCTV) system are also installed at Eagles’ Nest to ensure the safety of residents.
Eagles’ Nest is the seventh condominium project of PrimaryHomes which was launched last August 2012. It is now 70% sold and all remaining units are now ready for move-in. Eagles’ Nest stands a total floor area of 15,025 square meters designed with two unit types the studio and loft type units. The 22 sqm. studio units are at 1.6M; while the 34 sqm loft units are at 2.8M.
With all the conveniences the development offers, Eagles’ Nest is perfect for investors. Even with a captured market, the developer has shared the great opportunity for investors to earn rental income from Eagles Nest - the only condominium of its kind in Cebu.
Studio units can be rented out at P13,000 to P15,000 per month yielding 8% to 10% per year - higher than the average annual rental yield for Philippine property investments. According to globalpropertyguide.com, Philippines is one of the best places to invest in Asia, with 7.5% rental yield, ranking 2nd to Indonesia with 8.9%; while next to the Philippines is Cambodia with a much lower yield of 5.3%.