Real estate investment in Cebu

2013 has been a good year in real estate industry in the Philippines. In Cebu alone, there are various property developers who have stepped up in the vertical construction scenes. Many of these vertical towers are condo units; some cater to commercial clientele while others for serious investors and property buyers who want to own condo units for residential uses.

Cebu is one of the most developed provinces in the Philippines, with Cebu City as the main center of commerce, trade, education ad industry in the Visayas. Consider as one of Asia's new big Investment Hub. The Philippines is also the best Asian country in terms of overall quality of expatriate life, considering its cultural compatibility with expatriates, housing, sporting, recreational facilities, quality healthcare, first-rate educational institution and its abundant natural resource.

Cebu has been used to describe the province’s economic development. With many beautiful islands, white sand beaches, luxury hotel and resorts, diving locations and heritage sites, high domestic and foreign tourist arrivals have fueled the tourism industry of Cebu. Cebu consistently gets a big share of tourist arrivals in the Philippines, and has become the tourist gateway to Central and Southern Philippines thanks to its central geographic location, accessibility and natural resources. The province also hosts various national and international conferences every year.

The real estate industry of Cebu is the fastest growing sector. With the strong economic indicators and high investors’ confidence level, more condominium projects are being developed in the locality. It’s an investment that never depreciates. The value of real estate properties always increase as times goes by. Buying real estate is a solid, tangible investment which you can use as your home of residence or as a means of earning profits or income either by selling, renting and leasing.