4 Things to Consider When Investing in Batangas
2024 May 6 | by Apple Barretto
What should you consider when investing in Batangas?
- Location and Market Conditions
- Property Types and Conditions
- Economic Stability and Growth
- Future Development Plans
Considered an emerging Luzon province, Batangas is full of investment opportunities for the young and old alike. A great place to buy, rent or sell land in, it’s ideal for the investor who wants a location outside of Metro Manila’s busy and overpopulated streets, yet still teeming with possibilities. Before you place your investment, however, you might be having some doubts or concerns. If you’re unsure about investing in a Batangas property, we’re here to ease your worries. Here are some things to consider when investing in Batangas.
Location and Market Conditions
Batangas is located right in the center of the CALABARZON region, with Laguna to the north, Cavite to the east, Quezon to the south, and Rizal to the west. Its rapid economic growth over the past few years has cemented its place as a first-class province. It additionally shows great potential to accelerate in the coming years, following the launches of various economic projects.
Gated communities in Batangas offer safety and security to homeowners and investors looking for properties in this area. Air pollution in Batangas is also quite low, so you can be assured of a clean environment in which to raise a family in. Best of all, you’ll be investing in a perfect middle ground between urban and rural, with booming economic opportunities yet less traffic and noise than a metropolitan city.
Among these economic opportunities are the boom of its tourism and agriculture sectors, the sprawling industrial parks offering economic zone incentives, and its strategic location of being just a 1- to 2-hour drive away from Metro Manila. Batangas is full of business and career opportunities, mostly in the IT-BPO industry.
Property Types and Conditions
There are a few types of properties you can invest in when it comes to Batangas, and there are unique benefits to each. Whether you choose to invest in Lipa, Malvar, or Sto. Tomas, or somewhere else in Batangas, you’ll likely find these kinds of properties:
Townhomes
Townhomes are two-story units ideal for singles, newlyweds, or small families. Pueblo de Oro’s La Aldea Premium unit options have a 45 sqm floor area and include a living room, kitchen, dining area, toilet and bath, 2 bedrooms, and landscaped gardens. Meanwhile, La Aldea Classic units also have a 45 sqm floor area but are non-furnished.
Twinhomes
Twinhomes are spacious two-story duplex units following the original townhomes design concept, but with more attention placed on the home’s appeal with unique decorative moldings. La Aldea Twinhomes also boast bigger floor areas of 52 sqm, with dedicated garages and expansion areas, making them ideal for residents who want a lot of space.
Attached homes
Pueblo de Oro’s The Horizon Residences attached homes boast a 77 sqm floor area, allowing you to invite guests over and have memorable celebrations. With 3 bedrooms, 1 toilet and bath, 1 powder room, 1 car garage, a living room, family room, kitchen, dining area, lanai, and landscaped garden, you have everything you need to raise a family in prime conditions.
Economic Stability and Growth
Batangas’ economy grew by 12.5% in 2021 from a decline of -14.4% in 2020. This was the fastest recorded growth among economies in the region and was higher than the 7.6% growth in the Gross Regional Domestic Product (GRDP) of CALABARZON in 2021. The main contributors to this growth were the manufacturing sector, electricity, steam, water, and waste management sectors, and information and communication industries.
This is an important factor to take into consideration because the bigger the economic growth an area is experiencing and looking forward to, the more opportunities there will be for people who invest there. As you can see, Batangas is a place of possibilities that never stop growing.
Future Development Plans
Back in 2022, the CALABARZON Regional Land Use Committee (RLUC) endorsed the Provincial Development and Physical Framework Plans of Batangas and Laguna to their respective Sangguniang Panlalawigan. In doing so, Batangas was envisioned to be a rich province that is home to God-centered, noble, self-reliant, and resilient locals, that provides opportunities, and that empowers people to achieve their full potential.
To achieve this vision, Batangas is looking forward to balancing its agri-industrial modernization, tourism management, and ecologically sustainable development. This means that in the years to come, more can be expected of Batangas that will spur its growth and boost its economy even further.
Key Takeaway
As you can see, there are many things to consider when investing in Batangas. When looking for a place to invest in, it’s important to weigh the pros and cons. In the case of Batangas, there is much to look forward to and much that has already been done, so you can expect that the benefits of living in this beautiful province far outweigh the disadvantages.
If you’re looking to invest in Batangas, we’re right there with you! Rely on the best housing developer in the Philippines for your real estate and housing needs. We have locations in Santo Tomas, Batangas for your convenience, growth, and living opportunities, and we’d be glad to give you a tour. Contact us today for more information!