Investment Property in Marikina

Investment Real Estate in Marikina

Investment Property in Marikina
Investment Property in Marikina

Marikina property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Marikina.

Get Our Latest List of Investment Property in Marikina

Search Map of Marikina Investment Real Estate

Marikina (), officially the City of Marikina (Tagalog: Lungsod ng Marikina), is a 1st class highly urbanized city in the National Capital Region of the Philippines. According to the 2015 census, it has a population of 450,741 people. 

Located along the eastern border of Metro Manila, Marikina is the main gateway of Metro Manila to Rizal and Quezon provinces through Marcos Highway (Marikina–Infanta Highway). It is bordered on the west by Quezon City, to the south by Pasig and Cainta, to the north by San Mateo, and to the east by Antipolo, the capital of Rizal province.

Founded by the Jesuits on the fertile Marikina Valley in 1630, Marikina was the provincial capital of the Province of Manila under the First Philippine Republic from 1898 to 1899 during the Philippine Revolution. Following the onset of American occupation it was then organized as a municipality of Rizal Province, prior to the formation of Metro Manila in 1975. A formerly rural settlement, Marikina is now primarily residential and industrial and has become increasingly commercial in recent years. The City of Marikina is considered one of the wealthiest local government units in the Philippines.

Marikina is known as the “Shoe Capital of the Philippines” for its famous shoe industry. It is the biggest manufacturer of shoes in the Philippines, producing almost 70% of shoes made in the country. Located in the city are the Philippine International Footwear Center and the Shoe Museum, housing the infamous shoe collection of former First Lady Imelda Marcos, wife of the late Filipino dictator Ferdinand Marcos.

The city is under the jurisdiction of the Roman Catholic Diocese of Antipolo. It contains the Our Lady of the Abandoned Church, the oldest in the Marikina Valley built in 1572.

Get Our Latest List of Investment Property in Marikina

The financial stability of Marikina has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Marikina

Renting out your Marikina buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Marikinaare – preparation is key.

  • Set goals based on how much rental yield will be required and the local rental yield rates in Marikina and be prepared to change your initial outlook.
  • Thoroughly research the Marikina location with a special emphasis on fringe areas outside the main Marikina metropolis that may be valued lower than their better-known neighbours. Rental yields of around 5% are still attainable in certain areas of Marikina.
  • Ensure that your target investment property in Marikina appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
  • You may think that managing your Marikina properties yourself is an easy option, but are these savings justifiable when you run into Marikina red tape? Physis Realty Marikina office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Marikina buy-to-rent sector.

With our expert guidance, investing in Marikina provides the secure knowledge that your money is working harder than it would in a local Marikina bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Marikina, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Marikina property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Marikina

Flipping property in Marikina

Flipping property is when we advise clients to buy a Marikina property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Marikina market has a time to react to the renovation.

The Flipping Strategy in Marikina

Investment property flipping in Marikina is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Marikina real estate investments are sometimes referred to by professionals as ‘distressed’ Marikina real estate.

What is distressed Marikina property:

  • Marikina property in need of renovation
  • Marikina real estate with a change of puropose and use
  • Oversold Marikina property
  • Bank repossessions in Marikina

Put simply, long term investors in Marikina purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Marikina investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Marikina property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Marikina use a minimum profit value of 22% when looking at potential Marikina projects. The reason for this is because there are lots that can go wrong in Marikina property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Marikina

For luxury property investors hoping to add a superb property in {AsainCity} to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

Click Here for the Physis Realty Facebook Page

A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Marikina, Physis Realty caters particularly to high net-worth individuals and families in Asia. A luxury real estate investment in Marikina should be entrusted to only the highest-quality agency.

Get Our Latest List of Investment Property in Marikina

Compare listings

Compare