Magallanes Village is one of the wealthiest in Makati CBD. It is the smallest village in Cluster 1 with a land area of 1,199,500 square meters. The village is part of the earliest projects of the Ayala Corporation. Houses for sale in Magallanes Village are a great asset because of their location to key landmarks such as accessible through public transportation, quality schools, and healthcare, malls, churches, and lifestyle and recreation sites.
According to Colliers, the rise of residential demand will depend on foreign buyers, investors, and how the government will address the problem. The report of Business World states that the national residential prices are expected to climb to 2.3 % by the 3rd Quarter of 2021. The Philippine residential will continue to grow to the 3rd Quarter of 2022 by 16.9%. Makati will see a growth of 14.8% by the 3rd Quarter of 2022. The table below shows the project residential prices in Makati:
Property | Price | Growth Rate | Forecasted Price |
Unfurnished House and Lot for sale | ₱95,000,000 | 14.8% | ₱109,060,000 |
Modern 3 Bedroom House for sale | ₱170,000,000 | 14.8% | ₱185,160,000 |
Buying a property in Magallanes Village is a good investment because of the optimistic projections about residential prices. Here are some of the advantages of living in the village:
The village is commuter-friendly because just outside of the village there is a bus stop or a cab to reach the destination. The Magallanes Station is just a few walks away from the village which provides cheap and fast transportation in and out of the city. The location of the village is near EDSA, South Luzon Expressway, and the Magallanes Interchange. It provides an access port to the Makati Business District.
The residents of the village can have a check-up or medical treatment in hospitals like the Medical City, St. Luke's Medical Center, Sacred Heart Diagnostic Medical Center, and Makati Medical Center located just a block away from the premises.
Parents can be rest assured that their children can attend the finest schools. Prominent educational institutions can be seen near the village like the Pre-school Camp, Makati Hope Christian School, Villamor Air Base Elementary School, Reach International School, Singapore School of Makati, and Asia Pacific College.
The Venice Grand Canal Malls transport its visitors to Venice, Italy. The mall also has its recreation of the Grand Canal and anyone can experience riding the gondola in Italia. Besides the Grand Canal Mall, there are also high-end malls such as SM Makati, Glorietta, and Landmark.
The houses for sale in Magallanes are a worthy asset. The residents can go to the finest restaurants such as Tenya Japanese Restaurant, Dayrit's Burger & Roast Beef House, Kim Garden Taiwanese Restaurant, Pancake House, and Rack’s which are perfect for dining with friends and families. The person who bought a house for sale in Magallanes Village will not worry so much about the morning rush hour traffic going to work, school, or catching a flight because the destination is just a block away from home.
The village provides the finest security for both its residents and their property. Houses for sale in Magallanes are a worthy investment because of its prime location and now that the residential price market is starting to stabilize and grow next year. Magallanes Village being one of the wealthiest villages in Makati City is a magnet for investors because of the luxury and prestige it radiates.
In total, there are 49 house for sale in Magallanes Village, Makati. The average price for a residential property for sale in this location is ₱0 per unit. The most expensive sales price for a residential property here costs about ₱0 while the most affordable sales price is about ₱0.
You may find the most expensive and luxurious house for sale in Magallanes Village, Makati. While you can find classy yet affordable ones also at the same location.
Below are the average sales prices according to the number of bedrooms in this location.
Bedrooms | Average Floor Area/SQM | Average Sales Price | Average Cost Price/SQM |
---|---|---|---|
4 Bedrooms | 369sqm | ₱0 | ₱0sqm |
3 Bedrooms | 477sqm | ₱0 | ₱0sqm |
These properties are fully equipped with the following amenities and unit features: