This mid-rise residential condominium was developed primarily to address the need for quality yet affordable living for families with students enrolled at the Sacred Heart School Ateneo de Cebu. The development, according to Cebu’s most reliable developer, carries the catchword PLEASE, offering accessibility and convenience with its Perfect Location, having Enriching Amenities, and being School-Endorsed.
With its Perfect Location, Eagles’ Nest helps parents and students avoid wasting time on the road and reduces transportation costs by more than P20,000 a month in savings on transportation expenses like car amortization, driver’s salaries and gas. It is located right beside the school.
Eagles’ Nest is also School-Endorsed, fully supported by the Ateneo de Cebu as an alternative living arrangement for students. This will allow students more time for both studies and 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. Tutoring Club Cebu already opened at Eagles’ Nest last month.
Top-of-the-line safety features
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 percent sold and all remaining units are ready for move-in. Eagles’ Nest has a total floor area of 15,025 square meters designed with two unit types – the studio and loft. The 22 square-meter studio units are at P1.6 million; while the 34 square-meter loft units are at P2.8 million.
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.
Number of Floors: 16 Floors
Number of Units: 348 Units
Breakdown of Units
Studio: 319 Units
Loft: 29 Units
Return on Investment
Rental Yield: (after 5 years) 40% to 50 %
Resale ROI: (after 5 years) 40% to 50 %
Capital Outlay: P360 million
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%.
The Eagles’ Nest showrooms for studio and its newly opened loft units are available for viewing Monday to Sunday, from 9 AM to 5 PM.
For questions and to schedule a site visit, please call +6332 254 7188 (tap on number to call on your phone) or visit the company website at www.primaryhomes.com and its official Facebook page at facebook.com/PrimaryHomesOfficial.