Thinking about buying a condo in Metro Manila? Let’s talk about Horizon Homes Shangri-La at the Fort. This place is all about luxury living in one of the most sought-after areas. But is it the perfect fit for your family, or is it just a really big space with a really big price tag? We’ll dive into everything you need to know, from prices and perks to the neighborhood vibes, so you can decide if this is your dream home or just a dream.
Location, Location, Location: The Heart of BGC
Horizon Homes sits smack-dab in the heart of Bonifacio Global City (BGC), Taguig City. To be precise, it’s part of the Shangri-La at the Fort complex, making it super convenient to access all the hotel’s amenities and services. Being in BGC means you’re close to pretty much everything – great restaurants, shopping malls, offices, and even parks. Think of it as living in a mini-city within a city. The general area around Shangri-La at the Fort is in Barangay Fort Bonifacio, Taguig City.
Is It a Desirable Location? Absolutely!
BGC is known as a prime real estate location, and Horizon Homes benefits hugely from this. It’s popular because it’s well-planned, clean, and considered relatively safe. Many big companies have offices here, so it’s a popular choice for professionals who want to live close to work. Plus, it’s got a very international feel, with a mix of residents from all over the world. Real estate data consistently show BGC as one of the most expensive and desirable places to live in Metro Manila, and Horizon Homes, with its luxury branding, aims to appeal to buyers who want the best.
What’s the Price Tag? Prepare for Sticker Shock.
Okay, let’s talk money. Horizon Homes is definitely not cheap. We’re talking about luxury condos here, so expect to pay a premium. Prices can vary wildly depending on the size of the unit, the floor it’s on, and any special features it has. As of recent property listings, units can range from PHP 50 million to over PHP 200 million. Keep in mind, these are just estimates. It’s always best to check directly with real estate agents specializing in BGC properties for the most up-to-date figures. Luxury properties such as those at Shangri-La The Fort maintain higher premiums than surrounding developments. Due to the exclusivity of the location and building, potential buyers should expect the cost per square meter to be at a significant premium relative to other BGC condos. This pricing also reflects the prestige of living in an integrated development with a five-star hotel.
Lifestyle Appeal: Living the High Life
Living at Horizon Homes is all about the luxury lifestyle. You’re basically living in a five-star hotel. Think access to swimming pools, gyms, restaurants, and even room service (though, of course, you’ll pay extra for that!). It’s perfect for people who want a hassle-free life with everything taken care of. Plus, being in BGC means you’re surrounded by great places to eat, shop, and hang out. If you value convenience, luxury, and being in the middle of everything, then Horizon Homes could be a great fit.
What Kinds of Units Are Available?
Horizon Homes offers a range of unit types, from spacious apartments to even larger penthouse suites. These often come in two-bedroom, three-bedroom, and four-bedroom configurations. This means there’s usually an option for different family sizes. The units are designed with high-end finishes and modern layouts. They aim to provide a comfortable and stylish living experience. Floor plans are typically open-concept, maximizing space and natural light. Some units also boast private balconies with stunning views of the city.
HOA Dues: What to Expect
Living in a condo means paying homeowners association (HOA) dues, and at Horizon Homes, these will be significant. Remember this covers the cost of maintaining the building, the amenities, and the security. HOA dues for luxury condos are much higher than average residential condos in Metro Manila. While the exact amount varies depending on unit size, expect to pay a substantial monthly fee. Make sure to factor this cost into your budget when considering buying a unit. These fees may change over time, so it’s best to confirm the current rates with the management office.
Commercial Hubs: Shop ‘Til You Drop
Being in BGC means you’re surrounded by commercial hubs. You’ve got High Street, which is a long stretch of shops and restaurants. You have SM Aura Premier and Market! Market! are both easily accessible, offering a wide range of retail and dining options. The convenience of having these hubs nearby makes life much easier, whether you’re running errands or just want to go out for dinner and a movie. The Shangri-La hotel itself also adds to the convenience with its own shops and restaurants within the complex.
Safety and Security: Feeling Secure
Safety is a big concern for many people, especially in a busy city like Manila. BGC is generally considered a safe area. Horizon Homes also has its own security measures, including 24/7 security guards, CCTV cameras, and access control. This helps to give residents peace of mind. While no area is completely crime-free, BGC makes a concerted effort to maintain a safe environment.
Local Demand: Is It a Good Investment?
The demand for luxury condos in BGC remains strong. This means that buying a unit at Horizon Homes could be a good investment. However, it’s important to do your research and understand the market trends. Consult with a real estate professional who specializes in BGC properties to get a better understanding of the potential return on investment. Factors such as location, unit size, and market conditions will all play a role in determining the value of your property.
Pros and Cons: Weighing Your Options
Pros:
- Luxury lifestyle and amenities
- Prime location in BGC
- High security
- Convenient access to commercial hubs
- Potential for good investment
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Cons:
- Very high price tag
- High HOA dues
- Can be noisy due to the central location
- Limited space compared to a house outside the city
Ultimately, the decision of whether or not to buy at Horizon Homes depends on your individual needs and priorities. Weigh the pros and cons carefully before making a decision.
Average Unit Prices and Rental Income Potential
Let’s get specific about the numbers. As mentioned earlier, unit prices start at around PHP 50 million and can easily exceed PHP 200 million for larger or more luxurious units. According to recent property listings on sites like Lamudi, these figures reflect the prime location and upscale nature of the development. If you’re thinking of renting out your unit, you can potentially earn a significant rental income. Luxury condos in BGC command high rental rates, especially those with hotel-like amenities. Depending on the size and furnishings of your unit, you could potentially earn anywhere from PHP 150,000 to PHP 500,000 per month in rental income. Again, this is an estimate, and actual rental income may vary depending on market conditions and your unit’s specific features. Remember to factor in property taxes and other related expenses. Some landlords employ property management companies to handle rental arrangements.
Airbnb Legality and Feasibility
Airbnb is a popular option for property owners looking to generate extra income. However, it’s important to understand the rules and regulations surrounding Airbnb in your building and neighborhood. Generally, condo associations have the right to set their own rules regarding short-term rentals. Some condo associations allow Airbnb, while others prohibit it altogether. Check with the Horizon Homes management office to find out their specific rules regarding Airbnb. Even if Airbnb is technically allowed, it may not be the most feasible option for a luxury condo like this. Many residents prefer a quiet and exclusive environment. A constant stream of short-term renters could disrupt that atmosphere. Also, managing an Airbnb property requires time and effort, so you’ll need to consider whether you’re willing to handle the responsibilities yourself or hire a property manager.
Flood and Earthquake Risk
Manila is prone to both flooding and earthquakes, so it’s important to consider these risks when buying a property. BGC is generally considered to be at lower risk of flooding compared to other parts of Metro Manila, due to its higher elevation and well-designed drainage system. However, heavy rains can still cause localized flooding in certain areas. As for earthquakes, the Philippines is located in an active seismic zone. There is always a risk of earthquakes. However, modern buildings like Horizon Homes are built to withstand seismic activity. They are designed with earthquake-resistant features. It’s vital to confirm that the building has been built to the latest building codes and standards. You can check with the developer or a structural engineer for more information about the building’s earthquake resistance. While the West Valley Fault Line is nearby in other parts of Metro Manila, it is not directly underneath or immediately adjacent to BGC, according to maps from PHIVOLCS.
Security and Amenities: What You Get for Your Money
We’ve touched on security already, but let’s go into more detail. Horizon Homes boasts 24/7 security guards, CCTV surveillance, and secure access control. Residents also have access to a concierge service. Now, let’s talk about amenities. Prepare to be impressed! Residents enjoy access to the Shangri-La Hotel’s world-class amenities, including swimming pools, a fitness center, a spa, and multiple restaurants. There are also dedicated amenities for residents, such as a private lounge, a function room, and a children’s play area. It’s like living in a resort! These amenities are designed to cater to the needs of discerning residents who expect the best in luxury living. The presence of these amenities is also a key factor driving up the price of units.
Walkability and Noise Levels
BGC is a very walkable city. You can easily walk to shops, restaurants, and parks. Horizon Homes is located in a particularly walkable part of BGC, with many amenities within easy reach. However, being in the heart of the city also means that noise levels can be high. Expect to hear traffic noise, construction noise, and the general hustle and bustle of city life. If you’re sensitive to noise, you may want to consider a unit on a higher floor or one that faces away from the main streets. Some residents use noise-canceling headphones or white noise machines to help block out unwanted sounds. It’s a trade-off between convenience and tranquility.
Connectivity to MRT, LRT, Highways, and Work Hubs
Getting around Metro Manila can be a challenge, but BGC is relatively well-connected. It’s close to major highways, making it easy to drive to other parts of the city. Public transportation options are also improving. The MRT-3 is accessible via a bus ride or taxi. The planned Metro Manila Subway will further enhance connectivity. Many big companies have offices in BGC. So, living at Horizon Homes can significantly reduce your commute time. You can potentially walk to work or take a short taxi ride. This is a major advantage for busy professionals who value their time. The combination of highway access, public transportation options, and proximity to work hubs makes BGC a convenient place to live.
Nearby Schools, Malls, Hospitals, or Lifestyle Areas
BGC has everything you need within easy reach. There are several international schools in the area. Making it a popular choice for families with children. St. Luke’s Medical Center is a world-class hospital located nearby. So you have access to excellent healthcare. We’ve already talked about the many malls and restaurants in BGC, but let’s reiterate: you’ll never be bored! There are also parks and green spaces. Such as the Burgos Circle Park and Track 30th. These provide a welcome escape from the concrete jungle. Whether you’re looking for education, healthcare, shopping, dining, or recreation, BGC has it all.
Frequently Asked Questions
Here are some of the most common questions people ask about Horizon Homes Shangri-La at the Fort:
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What is the average price per square meter? The average price per square meter is significantly higher than other BGC condos, reflecting the luxury and location. Expect to pay a premium.
Are pets allowed? This depends on the building’s rules. You’ll need to check with the management office to confirm the pet policy.
What are the HOA dues? HOA dues vary depending on the size of the unit. Expect to pay a substantial monthly fee to cover the cost of maintaining the building and amenities.
Is parking included? Parking slots are usually included with the purchase of a unit. However, the number of slots may vary depending on the size of the unit. Confirm the parking allocation with the seller.
Is the building earthquake-resistant? Yes, modern buildings like Horizon Homes are built to withstand seismic activity. It’s best to confirm that the building has been built to the latest building codes and standards.
References
Lamudi
PHIVOLCS
Is Horizon Homes Shangri-La at the Fort the right fit for you? Only you can decide. But if you’re looking for a luxurious lifestyle in the heart of BGC, with all the amenities and conveniences you could ask for, it’s definitely worth exploring. Don’t just take our word for it – visit the property, talk to a real estate agent, and experience the Shangri-La difference for yourself. Your dream home might just be waiting for you.
