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.
