Five Best Locations in the Philippines to Invest in Real Estate
The Philippines is a country taking giant strides in real estate development. Demand for real estate has been on a steady rise due to the thriving economy, increased urbanization across the country, and most importantly, favorable housing policies. Its four major types of real estate (residential, industrial, commercial, and land) have witnessed tremendous growth. In recent times, the Philippines has been attracting its citizens, foreign investors, tourists, immigrants, and multinational corporations to invest in real estate. If you look to invest in real estate in the Philippines in 2021, here are five choice locations you don’t want to miss out on. To get a good property in the Philippines, you can visit axerealestate.com.ph website for the beast property deals.
Makati
Makati is the financial capital of the Philippines. It is highly urbanized and has the largest concentration of local and multinational corporations in the Philippines. For many, Makati is the “Wall Street” of the Philippines. Investing in condos in Makati is a very sound idea. Makati has well-linked and managed streets that can ease your commute to any part of the city. Furthermore, facilities are abundant – malls, restaurants, schools, and sports and relaxing centers – all around the city. The Land value is projected to appreciate in the future.
Bonifacio Global City
Fondly called BGC; this strategically located city has become a commercial activity hub. BGC has an impeccably planned neighborhood and an efficient transportation system that is traffic-free. If you seek to invest in real estate in BGC, you are sure to have easy access to its schools, businesses, and so on. Statistics have shown that BGC is an emerging force to reckon with in the real estate market.
Mandaluyong
The City of Mandaluyong is a highly urbanized commercial center in the heart of Manila. Mandaluyong has a population of 386,277 people and is an attractive city for real estate development. In 2021, investing in a condo in Mandaluyong will be a step in the right direction for you. Mandaluyong houses several shopping zones, cafes, businesses, residences, condominiums, and industries. The city provides good access to roads, health care, and a unique education system.
Davao
Davao is one of the fastest-growing cities in the Philippines. In 2021, it would be a wise move to invest in real estate in this fast-paced city. Condominiums have been springing up fast in areas of Davao city with attractive prospects. Davao has so many enviable qualities like being one of the country’s cleanest cities, its impeccable education sector, organized transportation sector, and proximity to Samal Island.
Quezon City
Quezon City is the most populous city in the Philippines. Its teeming number of real estate serves as a strong boost. Quezon City is attractive to locals and foreigners alike due to its many impressive features. These include significant growth in urbanization, an impressive transportation network, easy access to education, sporting facilities, and so on. Quezon City has emerged as one of the Philippines ‘ most visited holiday spots.
Conclusion
The Philippines is a global force to reckon with when it comes to real estate. And in 2021, real estate will be a very lucrative business due to the increasing demand. These days, all roads lead to the Philippines; whether you are there for business, tourism, or permanent residence, the Philippines always welcome you with open arms. While you look to get real estate in the Philippines, Axe Real Estate Will offer you a virtual guide.