Welcome to Makati City: The Hub for Expats
If you’re considering a move to the Philippines, Makati City should be high on your list. Known as the country’s financial hub, Makati offers a blend of modern conveniences, vibrant culture, and a welcoming atmosphere that makes it a top choice for expats. But why exactly is Makati so popular among expatriates?
Why Makati City is Ideal for Expats
Makati City is a bustling metropolis that combines business opportunities with a rich lifestyle. From towering skyscrapers to lush parks, this city offers something for everyone. Whether you’re here for work, study, or a fresh start, Makati has the infrastructure, amenities, and community support to make your transition smooth and enjoyable.
Understanding Makati City
Overview of Makati City
Makati is one of the 16 cities that make up Metro Manila. It stands out for its highly urbanized landscape and is home to many multinational companies, embassies, and top-tier shopping centers. The city is divided into several districts, each offering unique characteristics and attractions.
Key Neighborhoods in Makati
Makati is divided into several key neighborhoods, each catering to different lifestyles and preferences. Understanding these neighborhoods can help you find the perfect spot to call home.
What Makes an Apartment Expat-Friendly?
Essential Features
Expat-friendly apartments in Makati come with various essential features that cater to international standards. These include spacious living areas, modern kitchens, reliable internet connections, and often, spectacular city views.
Security Considerations
Safety is a top priority for expats. Look for apartments with 24/7 security, secure entrances, and surveillance systems. Many buildings also have doormen or security guards to ensure residents’ safety.
Proximity to Amenities
Living close to supermarkets, restaurants, healthcare facilities, and public transportation can make life significantly more convenient. Proximity to these amenities can save you time and reduce the stress of navigating a new city.
Top Neighborhoods for Expats in Makati
Legazpi Village
Legazpi Village is a favorite among expats due to its mix of residential and commercial spaces. It offers numerous parks, cafes, and weekend markets, making it a lively and convenient place to live.
Salcedo Village
Salcedo Village is known for its upscale residential buildings and vibrant community. The Saturday Salcedo Market is a highlight, offering fresh produce, artisanal goods, and a variety of food options.
Rockwell Center
Rockwell Center provides a luxurious living experience with its high-end apartments, premium shopping mall, and world-class amenities. It’s perfect for those seeking a high standard of living.
Century City
Century City is a modern development featuring cutting-edge architecture and a mix of residential, commercial, and retail spaces. It’s ideal for those who love contemporary urban living.
Types of Apartments Available
Studio Apartments
Studio apartments are a popular choice for singles or young professionals. They are compact yet stylish, offering all the basic amenities in one open space.
One-Bedroom Apartments
One-bedroom apartments provide more space and privacy, making them suitable for couples or individuals who prefer a separate sleeping area.
Two-Bedroom Apartments
Two-bedroom apartments are ideal for small families or roommates. They offer ample space and often come with additional amenities like multiple bathrooms and larger living areas.
Luxury Apartments
For those seeking the ultimate in comfort and style, luxury apartments in Makati offer high-end finishes, state-of-the-art appliances, and exclusive building amenities like swimming pools, gyms, and concierge services.
Cost of Living in Makati City
Average Rent Prices
Rent prices in Makati vary depending on the neighborhood and the type of apartment. On average, you can expect to pay around PHP 30,000 to PHP 60,000 for a one-bedroom apartment. Luxury apartments and those in prime locations can go up to PHP 150,000 or more.
Utilities and Other Expenses
Utilities such as electricity, water, and internet are additional costs to consider. These can range from PHP 5,000 to PHP 15,000 per month, depending on usage and the size of the apartment.
Finding Your Perfect Apartment
Online Platforms
Several online platforms list available apartments in Makati. Websites like Lamudi, Rentpad, and Property24 are great starting points for your search.
Real Estate Agents
Hiring a real estate agent can be incredibly helpful, especially if you’re new to the city. Agents can provide insights into the best neighborhoods, negotiate leases, and help you find a place that meets your needs.
Networking with Fellow Expats
Joining expat groups on social media or attending community events can provide valuable leads on available apartments. Fellow expats often share recommendations and tips based on their own experiences.
Renting vs. Buying an Apartment
Pros and Cons of Renting
Renting offers flexibility, especially if you’re unsure how long you’ll stay in Makati. It also requires a smaller upfront investment compared to buying. However, rental prices can fluctuate, and you won’t build equity.
Pros and Cons of Buying
Buying an apartment can be a good investment if you plan to stay long-term. It provides stability and the opportunity to build equity. However, it requires a significant initial investment and comes with responsibilities like maintenance and property taxes.
Understanding Lease Agreements
Key Terms to Look Out For
Lease agreements can be complex, so it’s important to understand key terms. Look for details on the lease duration, rent increases, maintenance responsibilities, and termination clauses.
Negotiating the Lease
Don’t be afraid to negotiate the terms of your lease. You may be able to secure a lower rent, longer lease term, or additional amenities by discussing your needs with the landlord.
Furnishing Your Apartment
Where to Buy Furniture
Makati has several furniture stores ranging from budget-friendly to high-end. Popular options include SM Home, Our Home, and IKEA.
Tips for Affordable Furnishing
Consider buying second-hand furniture or checking out local markets for unique pieces. Online marketplaces like Facebook Marketplace and Carousell are also great places to find affordable furniture.
Living in Makati as an Expat
Socializing and Making Friends
Joining clubs, attending events, and participating in community activities are excellent ways to meet new people. There are many expat groups and social clubs that host regular gatherings.
Navigating the City
Makati has a reliable public transportation system, including buses, jeepneys, and the MRT. Taxis and ride-hailing services like Grab are also widely available.
Safety Tips for Expats
Staying Safe in Makati
Makati is generally safe, but it’s always good to stay vigilant. Keep an eye on your belongings, avoid poorly lit areas at night, and be cautious when withdrawing cash.
Emergency Contacts and Services
Familiarize yourself with local emergency numbers. The national emergency hotline in the Philippines is 911, and there are several hospitals and clinics in Makati that offer quality medical care.
Healthcare and Insurance
Healthcare Facilities in Makati
Makati is home to some of the best hospitals in the country, including Makati Medical Center and St. Luke’s Medical Center. These facilities offer a wide range of medical services.
Getting Health Insurance
It’s advisable to have health insurance that covers you in the Philippines. Many local and international insurers offer plans specifically designed for expats.
Schools and Education
International Schools in Makati
For families with children, Makati offers several international schools that follow various curricula, including the American, British, and International Baccalaureate systems. Some notable schools are the International School Manila and British School Manila.
Educational Resources
Makati also has numerous tutoring centers, libraries, and educational workshops to support your child’s learning needs.
Conclusion
Embracing Life in Makati
Moving to Makati can be a life-changing experience. With its vibrant culture, modern amenities, and welcoming community, you’ll quickly feel at home. Take the time to explore the city, make new friends, and immerse yourself in the local culture.
Final Tips for Expats
Stay open-minded, be proactive in seeking out opportunities, and don’t hesitate to ask for help when you need it. With the right approach, your time in Makati will be both enjoyable and rewarding.
FAQs
What is the average rent for an expat-friendly apartment in Makati?
The average rent for a one-bedroom apartment in Makati ranges from PHP 30,000 to PHP 60,000 per month. Luxury apartments can cost significantly more.
How do I find an apartment in Makati?
You can find apartments through online platforms like Lamudi and Rentpad, hire a real estate agent, or network with fellow expats for recommendations.
Is Makati safe for expats?
Yes, Makati is generally safe for expats. However, it’s important to stay vigilant, especially in crowded areas and at night.
What neighborhoods are best for expats in Makati?
Popular neighborhoods for expats include Legazpi Village, Salcedo Village, Rockwell Center, and Century City.
Can I buy an apartment in Makati as an expat?
Yes, expats can buy apartments in Makati. However, it’s important to understand the legal requirements and financial commitments involved.
