The 7 Best Investment Locations Outside Metro Manila
2024 Sep 10 | by Apple Barretto
What are the best places to invest outside of Metro Manila?
- Batangas
- Bulacan
- Pampanga
- Iloilo
- Cebu
- Cagayan de Oro
- Davao
Metro Manila may be the capital of the Philippines, but there are progressive areas outside the Metro where homebuyers still choose to locate because they see the potential, or even the current success, of these localities. These strategic locations provide some, or the same advantages that Metro Manila has, with a few additions—less traffic, cheaper cost of living, more job opportunities from the increasing work-from-home setup, and more affordable housing, to name a few. Here is our list of the best investment locations outside Metro Manila.
Batangas
Batangas is a great place to invest in because of its location right in the heart of the CALABARZON region and its popularity as the gateway to the south. In recent years, it’s shown rapid economic growth, it’s even recognized as one of the key cities outside of Metro Manila.
Many are familiar with the growing commercial developments in Lipa City including SM City Lipa and Fiesta World Mall. There are also beach resorts, diving sites, and areas near Taal Lake are just some of the excellent tourist destinations you can visit when you live nearby.
Batangas City is also highly urbanized, with various restaurants and hotels thriving in the area, all full of business and employment opportunities.
Bulacan
Bulacan is fast becoming another preferred location for real estate investments, enjoying proximity to Metro Manila as well as its unique charms.
The province has the fastest-growing economy in Central Luzon, with a population that has grown significantly over the previous decade. It is well-known for the municipality of Bulakan, one of the oldest towns in the Philippines with much major infrastructure in the works; San Jose del Monte, which has a distinct blend of urban environments and easy access; and Malolos, the province’s capital which has deep historical roots yet is becoming quite urbanized.
Pampanga
Pampanga is a first-class, highly urbanized city that is also considered Asia Pacific’s premier international gateway thanks to its position as the business and financial core of Northern and Central Luzon. Several key infrastructures including The Clark International Airport and Subic-Clark Railway make it an access hub to and from Pampanga, while Angeles City is eyed to be a hub for IT-BPM providers. Angeles City alone is a place that is rich in opportunities, history, culture, and world-class tourist spots.
Iloilo
While many know Iloilo as a holiday destination, the “Heart of the Philippines” has been growing increasingly more urbanized and ready for investment in the past couple of decades. Many people flock to Iloilo for its heartwarming cuisine, grand festivals, and kind people, and many investors opt to make the province their home thanks to its lower costs of living and proximity to nature.
Infrastructure has been a priority of their government for years, and continuous migration from the Visayas has made the city a viable place to start businesses and find employment.
Cebu
Many young families and millennial investors go for Cebu when it comes to real estate properties. The city offers great work-life balance and urban conveniences mixed with exposure to nature and culture. Cebu also provides access to local and international destinations from the Mactan-Cebu International Airport, the second busiest airport in the country. Besides that, investors also get to experience the beauty of an island like Cebu, which retains its natural wonders despite urbanization.
Cagayan de Oro
The Gateway to Southern Philippines is ideal for people looking to invest in real estate in Northern Mindanao. With an estimated 44.7% agricultural land area and 38.4% open spaces, it’s perfect for anyone planning to set up a house, building, or even a farm. CDO is also strategically positioned, dubbed as The City of Golden Friendship thanks to its kindhearted and welcoming citizens, and rich in art, culture, and history. As the melting pot of Northern Mindanao, you’ll find many diverse people and experience all they have to offer—from food to festivals to stories to share!
Davao
Davao is a great place for investment thanks to its safety, strategic location, and business and employment opportunities. The city has a growing economy, creating an increasing demand for property. Investors can expect many development projects, modernizations like international-standard buildings and infrastructure, and even abundant natural resources. Davao is quickly establishing its reputation as an ideal place to invest and relax in, thanks to its many good qualities.
Key Takeaway
In this article, we’ve highlighted some of the best investment locations outside Metro Manila and given you just a hint of what they offer. If you’re interested in investing outside of Metro Manila, you’ve come to the right place.
Pueblo de Oro Development Corporation is one of the best housing developers in the Philippines, and we continue to strive towards building more distinctive and quality homes that emulate the strength and resilience of the Filipino people. Feel free to view our properties in key areas outside of Metro Manila, and contact us today for inquiries and insights.