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Short term condo in Fort Bonifacio

6K views 26 replies 14 participants last post by  M.C.A. 
#1 ·
Hello,
My wife and I are planning to go back to Philippines. She's from Cebu, I'm from France. We already lived 2 years in Cebu but I'm not a big fan of the place. So we were thinking Fort Bonifacio.
How easy it is to find a short term rental 2 bdr condo ? We might stay longer than a year but we prefer to rent month to month.
CAn you recommend a good condo tower ?

Thanks
 
#2 ·
Thank you for your answer.
We plan to move in next january.
We lived in Cebu for 2 years prior to that and are now in Europe.

I'd really like to not have to buy a car so location is paramount to us. We'd like to be close to the supermarket and mall/restaurants.

Budget is around 80k
 
#4 ·
difficult but not impossible

Hello,
How easy it is to find a short term rental 2 bdr condo ? We might stay longer than a year but we prefer to rent month to month.
CAn you recommend a good condo tower ?

Thanks
I was in exactly the same situation as you are.

It's surprisingly difficult. One apartment owner even refused to sign an 8 months contract, even though the apartment was already more expensive than others and he seemed to have no one else interested.

The reason is that the middlemen always want one month rent commission.

I got a short term apartment through an outfit that specialises in them. Called Corporate Apartments (unfortunately this website does not allow me to post e-mail addresses, try googling Claire Arizobal from Corporate Apartments)

I'm in Grand Hampton Tower II. Average building, average furniture, but does the job.
 
#5 ·
I was in exactly the same situation as you are.

It's surprisingly difficult. One apartment owner even refused to sign an 8 months contract, even though the apartment was already more expensive than others and he seemed to have no one else interested.

The reason is that the middlemen always want one month rent commission.

I got a short term apartment through an outfit that specialises in them. Called Corporate Apartments (unfortunately this website does not allow me to post e-mail addresses, try googling Claire Arizobal from Corporate Apartments)

I'm in Grand Hampton Tower II. Average building, average furniture, but does the job.
Arayat,

Since the original poster has asked for the information it is okay to post names and links in this thread.


Regards

Jet Lag
 
#9 ·
Hello,
Thank you Arayat for the infos ! I'll check it out.
Gee... 80k for a 1bdr, it's quiet expensive ! I saw that kind of prices on Ayosdito but I expected the prices would be lower after negociation... And when you check the listings on line, the condos available are small, with ugly furnitures and with old and loud AC (not even splitted one!).


FYI I paid 70k for a 2bdr in Cebu city in one of the most luxury condo !

Can you recommend a condominium where to live ? I'd like to be close to a supermarket, S&R or Market Market.

I'll contact Claire asap.

Thanks
 
#25 ·
Short term turns into long term



If your short term plans turn into long term planning of living in the Philippines, you could put that rental money to good use simply by purchasing your own condo, I think think the monthly payments would be much lower and after 5 years you'd own the unit.
 
#13 ·
Hello Charlez. Yes it's quite expensive, but guess what, it was more expensive a couple of years ago in Fort Bonifacio. A colleague of mine had a 2BR in Serendra (one year contract) for 90K. Then the prices dropped after many apartments came on the market to about 55K.

I had a 300 sqm 4BR apartment with private Sauna in Ortigas Center for 80K 10 years ago.

Here is what I know about buildings and location: My building Grand Hampton Tower 2 is on the lower end. Swimming pool is not great, but tidy, good for splashing around with friends. But not good for a proper swim. Apartments are small, layout not to too clever, but could be worse. Car park is ok. Not all apartments come with car park.

Bellagio: Better than Grand Hamptons in every respect. Just a nicer building, better facilities. Some apartments have a stunning view.

Serendra: Great location, but they had some serious build quality problems. A friend of mine finally moved out after his place was flooded because the builder forgot to connect a drainage pipe from the apartment above (and they asked him to pay for the damage in his apartment!). Once he smelled gas, but they could not find a leak. One of the Serendra building blew up (gas explosion, killed a couple of people). But I heard that not all of the Serendra building have been built by the same problematic builder.

I have looked at some other buildings but I forgot their names and how they were. One struck me as really dingy, like a `70s Chinese building full of kitsch. Was suprised to learn that it was only 4 years old. Apartments in them had a catastrophic layout.

Locations: Eastern end is best. The western end (where Bellagio and GHT ist, i.e. where I live) is a bit less attractive because it's further away from the shops. But I would still consider moving there and take advantage of the lower prices because:
1. It's still only about 8 minutes walk to High Street.
2. You can still walk to Market Market or Aura Mall (shops and Supermarket), although it takes 15 to 20 minutes; it's a 1.5 km walk.
3. Burgos Circle with really nice restaurants and some bars is a few meters away.
4. There is now a Paul's boulangerie there
5. They are opening a Rustan's Supermarket be the end of the year. It's next to Burgos Circle.
6. Until then, there is a small shop (Tazman) which has some basic veggies, eggs, spices.
7. There is the BGC bus that runs around the fort. Big modern European-style buses.
 
#16 ·
Hope this helps. These are the four that I used when we had short term stays in Manila. They will work with you. Good Luck and Welcome Home! Sorry i'm to new to post links for you so you have to google them.

PHRealty

SMDC (at bottom page- click Rentals)

VR (VacationRentals.com)

VRBO
 
#18 ·
Yea, kinda like used care salemen-Hahaha :rolleyes::rolleyes:...
 
#26 ·
Rental rates around BGC or Makati is Php1,000.00 per sqm. and this is for upscale residences. Just be keen on the property management which handles security and overall service for tenants. There are forums that you can search for detailing on tenants feedback for you to have an idea.

Remember, you have to see the value of what you are paying for.

The most upscale apartments nearest to Market Market is Serendra, developed and managed by Ayala Land which is notable for developing the most upscale residences in the country.

Lease term is at least a year.
 
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