Reasons To Invest In Cebu Real Estate
2021 Jul 16 | by Apple Barretto
Good reasons to invest in Cebu real estate:
- Cebu is a developed province
- It is a booming business hub
- There is an abundance of tourist destinations
Despite the pandemic-induced disruptions that have temporarily affected the Philippine economy, the investment outlook for the real estate sector is expected to continuously recover and soar this 2021. Over the years, the Philippine real estate market has never been more vibrant because of strong investment inflows. As an investor, you can reap the biggest property values, especially when you choose the most strategic places to invest in. Therefore, you might want to learn about the myriad of reasons to invest in Cebu today.
Also known as the “Queen City of the South”, Cebu is one of the most prosperous locations in the Philippines. It is one of the most developed cities in the country — offering urban living advantages alongside the charm of its pristine white sand beaches and natural tourist spots. As a result, the demand for an affordable house for sale in Cebu is on the rise and the top regional developers in the Philippines are stepping up to meet this demand.
If you are looking into improving your investment portfolio, Cebu real estate should be at the top of your list. It goes way beyond having your own property to come home to. Here are three reasons to invest in Cebu real estate:
Cebu Is A Developed Province
There is so much to be said about the province of Cebu. The first thing to note is that the locale is already highly developed. When thinking of the word “province”, many people picture rural environments where there is a lack of modern infrastructure. However, if you compare Metro Manila and Metro Cebu, they are almost equivalent.
From the biggest malls, five-star hotels and resorts, historical spots, multinational companies, top universities, major highways, and bridges that connect cities — Cebu is equipped with everything an urban city should have. To add to that, the local government’s Build, Build, Build program has been pushing Cebu to its golden age of infrastructure following the plan of the Metro Cebu Expressway, Cebu Bus Rapid Transit, and 4th Cebu Mactan Bridge.
This being said, investing in Cebu real estate is bound to garner more market value.
It Is A Booming Business Hub
As mentioned earlier, the development of Cebu is remarkable. This has fueled the location’s business hub growth. Its stellar Business Process Outsourcing (BPO) and Information Technology (IT) industries have boosted job openings in the area, while the continuous development of the locale is continuously attracting multinational companies to establish their presence in Cebu.
There are also plenty of opportunities for starting your own business in the area that will meet the resident’s lifestyle choices and needs.
In addition, Cebu is strategically located in Central Visayas. Geographically, it is a major hub for commercial trade. Its seaports and the international airport prove to be conducive for business imports and exports across the Philippines and even neighboring countries such as Taiwan, Japan, Indonesia, Malaysia, Brunei, China, and Vietnam.
For investors, buying an affordable house for sale in Cebu means gaining plenty of opportunities to welcome tenants. You can simply choose from the real estate offerings of the top subdivision developers in Cebu such as Pueblo de Oro and rent out your property.
There Is An Abundance Of Tourist Destinations
People from all over the world are visiting to experience the beauty of Cebu and its surrounding natural attractions. You can hike up the mountains of Busay, enjoy the breathtaking top view of Metro Cebu, swim in the clear blue waters of Mactan, see the whale sharks of Oslob, and go island hopping. There are lakes, falls, rivers, hot springs, caves, and more!
If you invest in Cebu real estate, you can easily have a relaxing vacation after a stressful workweek. As a well-known tourist destination, you can take advantage of the property by renting it out to tourists. Investing in Cebu real estate can become your source of passive income. There is an influx of both locals and foreigners who want to travel to Cebu’s tourist spots. While the COVID-19 pandemic has halted tourism in the country, the outlook for the industry is promising for the next few years with recent quarterly data suggesting an increase in the number of passengers. This recovery will be boosted with the newly built infrastructure of the Mactan Cebu International Airport.
As you can see, there are plenty of reasons to invest in Cebu real estate. All these contribute to making the real estate property prices in the locale highly competitive. Developers are offering options for affordable houses for sale in Cebu, making investing easier and cost-effective.
What are you waiting for? As one of the top subdivision developers in the Philippines, Pueblo de Oro has residential and mixed-use real estate properties in Cebu. No matter what property type or price range you prefer — you’ll find it in Pueblo de Oro. Start your investing journey in Cebu real estate by clicking here!