Acquiring my second Investment

Bulacan is among the most progressive provinces in the Philippines. Its people are highly educated, enterprising and industrious. It is well-known for the following industries: Marble and Marbleized Limestone, Jewelry, Pyrotechnics, Leather, Aquaculture, Meat and Meat Products, Garments, Furniture, High Value Crops, Sweets, Native Delicacies, and a wide variety of high-quality native products. Bulacan has fast become an ideal tourist destination, owing to its vital role in Philippine history, and its rich heritage in culture and the arts.

In July 2007, I visited the Office of Asian Land Strategies Corporation to inquire about the on-going projects and check the site location. (Asian Land Strategies Corporation was established in April 1994 by a small group of entrepreneurs from Bulacan to cater to the low-to-medium-cost housing that was slowly growing in the Northern part of Luzon, Philippines). This time, I was able to acquire my second investment property. A 96 sqm lot area in Grand Royale Subdivision. The contract price was Php 401,760. I paid the amount of Php 10,000 for the reservation fee and 20% downpayment which is payable in 30 months at Php 2,345. The 80% remaining balance is subject to in-house financing. Again, I considered this lot property as my long-term investment.