A four-bedroom unit at The Tessarina has notably changed hands for $3.81 million, achieving a remarkable profit of $2.4 million. This transaction marks the highest profitability recorded at The Tessarina since its completion in 2003, underscoring the robust real estate market in the region. The seller acquired the unit for $1.42 million back in March 2003, which results in an impressive capital gain of 168.9% over the span of approximately 22 years. Such a significant increase not only reflects the escalating property values in the area but also highlights the potential for long-term investment success in real estate.
This recent sale, finalized on June 3, 2025, serves as a testament to the ongoing demand for properties within The Tessarina, a development that comprises 443 units ranging from 926 square feet to an expansive 3,671 square feet. The diverse size offerings cater to a variety of buyers, contributing to the appeal of the development.
The profitability of the four-bedroom unit is indicative of the overall market performance and the desirability of living in such a well-located property. The annualized gain from the investment translates to 4.5%, providing a steady return over the lengthy holding period. This sustained growth rate is a favorable indicator for potential investors looking to enter the real estate market. It suggests that properties in The Tessarina are not only appreciating but are also seen as valuable assets over time.
The successful resale of this unit emphasizes the significance of location, quality of life, and the long-term benefits of investing in real estate. The Tessarina’s strategic positioning within its locality further enhances its attractiveness, appealing to families and individuals seeking both space and convenience.
Its amenities and community features reinforce its status as a desirable place to live, thus driving demand. The transaction of this four-bedroom unit may inspire other owners within the development to consider resale, especially given the lucrative returns highlighted by this recent sale.
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News Source: Edgeprop
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