Cebu is still the best place for Real Estate Investment

For the longest time, Metro Manila has been the most prized location for real estate investments. Even a small, studio-type condo in Taguig or Makati generates huge returns. Plus, you will never have to worry about the market because there’s always a buyer or renter who’s willing to pay. But with the coronavirus crisis, things are changing. 

Based on Lamudi’s data, there’s been a strong, brewing interest in locations outside the metro for the past months, since the community quarantine started. While the capital region remains to be in demand, a lot of provinces are getting a share in the real estate market’s attention. Ultimately, this should compel investors to look beyond Metro Manila. 

To borrow what everyone has been throwing a lot lately, you need to embrace the new normal in property investment. That is, consider pursuing rental properties in these provincial hotspots, which, combined with Metro Manila, received over 80 percent of inquiries on the Lamudi platform from February to April 2020:

Cebu

The Queen Region of the South reigns in real estate opportunities, especially because its capital has maintained its status as one of the richest cities in the country. In terms of house and lot investments,  you can check out the units at Primary Homes’ Argao Royal Palms in Argao, MCJR Development Corp’s Vista de Bahia in Consolacion, and Aboitizland’s Almiya in Mandaue. For condos, there’s Megaworld’s One Manchester Place in Mactan and Taft Properties’ Taft East Gate in Cebu City.

EXISTING AND ON-GOING INFRASTRUCTURE PROJECTS IN CEBU:

mactan airport
Cebu-Mactan International Airport, World’s only resort airport
Cebu-Cordova Bridge
Cebu-Cordova Bridge, connecting the Islands of Mactan and Cebu
2nd mandaue-cebu bridge
Marcelo Fernan Bridge

SOME INFRASTRUCTURES TO RISE IN CEBU:

4th bridge
4th Mactan-Mandaue Bridge
metro cebu expressway
Metro Cebu Expressway
cebu international container port
New Cebu International Container Port
cebu BRT
Cebu Bus Rapid Transit (BRT)
isla dela victoria
Isla de la Victoria Project in Cebu SRP

original story: https://www.lamudi.com.ph/journal/provinces-real-estate-investment/

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