To invest in the Philippines is not a bad idea. A lot of people are not looking at the possibility of buying a house or a condo in trendy places like Makati. This is a good idea because, being the central business hub of Metro Manila, if not Luzon, Makati has properties that increase in value over time. Today, the value of a condominium in Legaspi Village can easily grow 40% within a year.
Once you buy a condo in Makati, it is easier to take care of security because most condominiums have an in-house security team. You only need to do the basics—installing locks, for instance. The building takes care of the rest. Most buildings also do not admit people unless a tenant sends them up, or if the tenant has already given them a pass. Security is one of the biggest reasons why more and more people are investing in condos.
If you are going to buy a house in Makati, the structure by which a village or subdivision provides security is different. As a homeowner, you need to take more steps to ensure that your property and your family or tenants are safe. Here are a few simple precautions to make sure that your investment is safe:
- Look at your property and assess its weak points. If you want to invest in the Philippines by buying a house, make sure that you know every corner of the property you want to purchase. Are there damages to the fence or the gate? Are there some bottom windows that thieves can use to enter your house? Once you pinpoint these weak areas, you put yourself in a better position to protect your property.
- Once you buy a house in Makati, the first thing that you should do is to change all the locks and tumblers in the house. You should do the same thing when you lose your keys. Some people wait for their keys to “turn up” instead of changing the locks in their house.
- Install an effective alarm system and make sure you bury or cover up all the wiring. Thieves can cut or disconnect visible alarm system wires and disarm your system.
- Big trees and other plants may provide a good vantage point for burglars to observe your habits like when you leave your house and where you put valuables. Tailor your landscaping plans to your safety needs.
When you buy a house in Makati, you are actually grabbing a great residential and business opportunity. However, you must make sure that you are keeping your investment, your tenants and yourself safe from burglars. If you’re able to do that, not only are you keeping yourself safe, you are also raising the value of your home.