What Is Azure Urban Resort Residences?
Azure Urban Resort Residences is a 10-hectare master-planned resort community in Paranaque City developed by Century Properties. Conceived as a 'resort within the city,' Azure delivers resort-quality amenities including the Philippines' first flow-through wave pool (for boogie boarding and surfing), an Olympic-size pool, a themed waterpark, a full-service hotel (Emerald Hotel), multiple retail streets, restaurants, and sports facilities — all accessible to residents and hotel guests.
Investment Performance Data
Azure's investment performance has been driven primarily by short-term rental income from domestic tourists, staycation seekers, and young professional renters attracted to the resort lifestyle. Monthly rents for 1BR units range from PHP 18,000 to PHP 35,000 depending on unit type and floor. The hotel component means short-term rentals (Airbnb, Booking.com) have a legitimate and visible precedent within the development, making the short-term rental use case legally and practically clearer than many other condominium developments.
Advantages and Limitations
Advantages: Unique resort amenity package unmatched in Metro Manila. Strong short-term and medium-term rental demand from staycation and lifestyle tenants. Multiple residential phases offer various price points and investment entry levels. Limitations: Location in Paranaque (not a prime CBD) limits capital appreciation compared to BGC or Makati. The wave pool and resort operations require significant ongoing maintenance — check HOA dues carefully. Paranaque has traffic congestion, particularly on weekend evenings when staycation demand peaks.
