Sotogrande Baguio, Sta. Lucia Realty’s much anticipated project in the country’s Summer Capital is nearing completion and is the perfect investment for Overseas Filipino Workers (OFWs) looking to have something for retirement or passive income.
“Baguio is a known tourist destination because of its climate. It is also named as the Summer Capital of the Philippines. OFWs may opt to invest in the project as a future retirement home or use the property as an income generating investment through short term rental to visiting tourists,” said Miguel Bilan, Jr., International Sales & Operations Manager at Sta. Lucia Realty.
He said the property is also ideal for long-term rentals to students who are looking for a home away from home.
“Sotogrande Baguio is just few hundred meters away from famous schools and universities such as Brent International School and St. Louis University to mention a few,” Bilan said.
He said reservation Fee is Php25,000 or Dh1,820; and monthly downpayment starts at Php22,035 or Dh1,601. Target date of completion is 2021, Bilan said.
Sotogrande Baguio is located along Leonard Wood Road in Baguio City. Tower 1 is a condominium hotel while Tower 2 is a residential condominium
Price for a Condotel Studio is Php3.8 million and a one bedroom unit is at Php5.27 million (fully furnished).
Residential condominium Php3.6M for a one-bedroom unit and Php7.7 million for a 2-bedroom unit.
Amenities include a swimming pool, gym, courtyard, coffee shop, function rooms and lounge.
