In real estate investment, location is almost synonymous to successful real estate investment. To truly uncover the potential of a location for investment, one must dive deep into research and comparisons to pinpoint what holds the greatest value and promise both now and in the future! Among the South-East Asian countries, the Philippines stands out as the leading real estate investment hotspot. The country's real GDP growth is significantly outpacing that of its neighboring nations, demonstrating remarkable strength and vitality. When considering the best locations in the Philippines, top picks include central business districts such as Makati Central Business District, BGC, and Taguig.
In the present day, as a result of the dynamic market landscape and congestion within major business districts, discerning investors are exploring alternative emerging regions beyond Metro Manila. Peripheries of prominent cities such as Laguna, Pampanga, Cavite, Cebu, Davao, among others to mention, are demonstrating promise as potential investment centers in the Philippines.
Particularly Cebu, the incredibly stunning island, stands out as a prime investment paradise in the country! Nestled right in the heart of the Philippines, its location is simply perfect! Yup, it's proudly wearing its crown as the Philippines’ Queen City of the South. And guess what? Rumor has it that it's the sneaky underdog in the real estate investment game, ready to steal the spotlight from Metro Manila. Shh, don't tell anyone!
During my 2 weeks visit of the city and its nearby cities such as Lapu-lapu and Mandaue City, it is very noticeable that the area is in the stage of progressive economic status. It is a well-developed and urbanized region in Central Visayas.
Oh, and by the way, Cebu is basically strutting its stuff with its fancy history and culture, making it the ultimate boss in business and commerce.
These are the things I've learned during my visit in Cebu after 15 years of living in Japan away from the City. By the way, as a Bank Real Estate Appraiser in Cebu for nearly 7 exciting years, and thriving as a Bank Sales Representative in Japan for over 12 amazing years, this groundbreaking finding comes from the viewpoint of a seasoned real estate appraiser and a Filipino professional abroad who deeply understands the significance of valuing hard-earned money. If you've been contemplating where to put your hard-earned money, let me share with you the top 5 reasons why I am all in on investing in the vibrant and promising city of Cebu. From stunning beaches to a booming economy, Cebu City has captured my attention for all the right reasons. So, without further ado, let's dive into why Cebu City is the place to be – and invest – right now!
1. Strategic Location
Being situated in the heart of The Philippine archipelago, Cebu City isn't just a beautiful tourist destination; it's also strategically positioned as a major hub in the Philippines. With its international airport and bustling ports connecting it to various parts of the world, investing here opens up a myriad of opportunities. Whether you're looking to cater to the growing tourism sector or tap into the flourishing trade and commerce, Cebu City's location is undeniably advantageous. In 2022, the Department of Tourism is absolutely thrilled to celebrate Cebu's incredible tourism success following the reopening of the country's borders to international leisure travelers! An astounding 1.1 million foreign arrivals were recorded from February to August alone - and guess what? The numbers are still on the rise! With such promising growth, the real estate investment opportunities in Cebu are truly abundant and exciting!
2. Thriving Real Estate Market
The real estate market in Cebu City is experiencing a steady growth spurt. From residential properties to commercial spaces, the demand is on the rise. Back in the day, 15 years ago, when I was working as a Bank appraiser, the land value of the Ayala Business Park was between Php 50,000 and Php 100,000 per square meter. Fast forward to today, and the average market value has skyrocketed to around Php 450,000! That's an astonishing 60% appreciation per year! Just imagine the growth and potential this area has seen over the years. It's truly remarkable! Have you seen the SRP (South Reclamation Area) lately? It's like the city is doing squats and getting a major boost! Picture this: Robinson Land’s Galleria and Mantawi Residences, South Coast City (a tag team of Ayala Land Inc. and SM
Prime Holdings, Inc.), and Mandani Bay's 21 towers popping up like mushrooms in a 200,000 square meter field. And don't forget about Nustar Resort and Casino joining the party! Cebu City is going to be the ultimate hotspot once all these projects hit the finish line. Get ready for the grand unveiling! Surely, investing now means getting ahead of the curve and securing properties while prices are still attractive. Whether you're a seasoned investor or just starting out, Cebu City's real estate market offers a diverse range of options to suit your preferences and budget.
3. Booming Economy
Cebu City's economy is thriving, making it a hotspot for business and investments. The city's robust industries, including BPO, manufacturing, and tourism, contribute to its economic stability and growth. As an investor, tapping into a flourishing economy like Cebu City's can yield high returns and long-term benefits. The opportunities are endless, from commercial ventures to rental properties – now is the perfect time to jump on board!
4. Cultural and Natural Wonders
Beyond its economic prospects, Cebu City boasts a rich tapestry of culture and natural beauty. From historical sites like Magellan's Cross to the awe-inspiring Kawasan Falls, the city offers a unique blend of heritage and nature. Investing here not only provides financial returns but also allows you to immerse yourself in a vibrant and diverse community with a plethora of experiences waiting to be explored. This means, you have plenty of investment options if you own a property in this thriving Metropolitan.
5. Infrastructure Developments
Cebu City is continuously evolving, with significant investments being made in infrastructure development. From new roads and bridges to modern facilities and amenities, the city's growth outlook is promising. I traveled the newly built (Cebu-Cordova Link Expressway) CCLEX bridge connecting Cebu City and Mactan island, I was amazed of its convenience which is only part of imagination 15 years ago. As an investor, this means your properties will benefit from enhanced connectivity, improved accessibility, and increased value over time. Investing now ensures that you ride the wave of progress and reap the rewards of a city on the brink of transformation.
In conclusion, the time to invest in Cebu City is now! With its strategic location, thriving real estate market, booming economy, cultural marvels, and infrastructure development, the city presents a golden opportunity for investors looking to make smart choices. Don't wait on the sidelines – seize the moment and join me in investing in the dynamic and promising landscape of Cebu City. Your future self will thank you for taking this bold step towards financial prosperity!
BONUS Points for Cebu - Cebuanos!
Cebu, beyond its reputation as an ideal city, truly shines through its people. The residents of Cebu are not just individuals but a collective embodiment of influence, affluence, and prominence. It is a place where the most distinguished and prosperous individuals and families originate, contributing to the city's rich social fabric and economic prosperity.
One of the standout characteristics of Cebuanos is their unparalleled hospitality, which has left an indelible mark on visitors and residents alike. The warmth and welcoming nature of the locals have earned Cebu a well-deserved reputation as one of the most beloved provinces in the Visayas region. This inherent trait of hospitality adds a unique charm to the city, making it a truly inviting and inclusive community.
Moreover, Cebu stands out as a city with remarkably low crime rates, underscoring its commitment to safety and security. This aspect not only enhances the quality of life for its residents but also positions Cebu as a desirable destination for tourists and individuals seeking a peaceful and secure environment to live in. For those in search of a place that offers both quality living spaces and a sense of security, Cebu emerges as an ideal choice.
So, what are you waiting for? Let's make the leap together and secure our stake in the flourishing city of Cebu. Cheers to a bright and prosperous future ahead!
Get ready to dive in and absorb this crucial advice! Thriving real estate investors grasp the significance of meticulous research and analysis prior to finalizing any investment choices.
By conducting property due diligence on market trends, property values, and potential pitfalls, aspiring investors can make informed choices that lead to profitable outcomes.
Knowledge is power in the world of real estate investing!
Remember: When it comes to investing, timing is key – and the time for Cebu City is now!
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