Choosing the location is a critical factor for your investment. Here are the top cities for your house and lot investment in the Visayas.
With inflation and everything at hand, a lot more people have looked into smarter ways to maneuver their finances, and one of these is investment. There is more to investment than just personal gains. Investing is an opportunity that opens the possibility for a life of stability and security.
Once you start, it also creates a chain reaction of satisfaction in the people around you, especially your family. When you invest, you take the step to secure your loved one’s future, so they have one thing less to worry about. Real estate investment is a wise starter for new investors.
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In the Philippines, the real estate market is massive, be it commercial real estate or residential real estate. Over the years, there is a constant growth in property investment. One deciding factor that real estate investors look into is the perfect place to invest. Choosing the location is a critical factor for your investment.
More than your property, you also have to consider its surrounding area and the plans for the neighborhood. That said, amid the dynamic realm of real estate investment prospects in Visayas, the allure of pristine beaches, distinctive communities, and burgeoning economies beckon investors to explore beyond the concrete confines of Metro Manila.
As the Philippines continues to flourish as an emerging hub for property investments, local real estate experts and real estate developers are setting their sights on the Visayas region, where hidden gems and promising chances await those seeking lucrative ventures in house and lot investments.
This article is your gateway to discovering the top destinations for real estate investment opportunities in Visayas, providing a refreshing alternative to the often saturated property market of the metro.
Where to invest in the best house and lot in the Visayas?
Choosing the location is a critical factor for your investment. Central Visayas is considered nowadays as one of the primary investment hotspots in the country. Designated as Philippines Region VII, Central Visayas spans four major provinces including Bohol, Cebu, Negros Oriental, and Siquijor. Dumaguete is Negros Oriental’s capital city. Cebu City, monikered the Queen City of the South is the regional center of the four provinces. Another place worth looking into for real estate investments is Iloilo City.
Here are the top qualities you should look for in your house and lot investment in major cities in the Visayas.
Invest near popular tourist destinations
The real estate sector usually thrives in places with distinct tourist ambiance. The nearer the property is to a tourist destination, the higher the property value.
Property value directly correlates with the level of demand in the real estate market, and this fundamental principle underscores the strategic choice of many astute real estate investors who recognize the immense potential embedded in tourism-driven locales.
With hundreds of world-class vacation spots, the Philippines is a dream destination. The country has a booming tourism industry pre-pandemic. The number of tourists that visited the country amounted to 8.2 million in 2019. That is how famous the Philippines is as a travel destination for foreign nationals.
With the recent opening of borders post pandemic, the Philippines is expecting the return of many investors and the high demand in tourism that will surely buoy the economic recovery of the country.
The New York-based travel magazine Condé Nast Traveler mentioned Boracay among the islands with the best beaches in the world. With its crystal clear waters, white sands, and scenic landscapes, it is easy to fall in love with this spectacular location.
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This makes Aklan striking not only to tourists but also to foreign investors. Not only does it place you near a beautiful tourist destination, but it also significantly increases the value of your property over time.
Suppose you are looking for a real estate property in this location. In that case, Camella has a master-planned community in Aklan. Camella Aklan, located in Joyao-Joyao, Numancia, is only 68 km from Boracay Island. If you want the best house and lot community near Honda Bay, Camella in Palawan is just 20 minutes away.
If you are a local investor or an overseas Filipino worker (OFW) looking for the perfect vacation house and lot, these places are the top areas you should look into.
Tip: Look for a place that puts you close to travel spots or can be a potential travel spot itself. Also, consider the possibility of having business opportunities within the location. Whether you live in the property or rent it out, these are factors worth looking into before investing.
Invest close to the metro
Owning a property near the metro district is advantageous.
When you’re close to the city, you get to keep peace with everything within your reach. In fact, accessibility is what drives most professionals into investing. Near your office? Yes! Mall within a kilometer drive? Double yes!
People like living in places where their basic needs are accessible. This means living close to commercial spaces where you can readily get your daily necessities. It is where schools are near and where banks are also available for convenient money transactions. Being near the city also means restaurants are within reach for dine-outs.
These are only some benefits of living in a master-planned neighborhood like Camella. Plus, you get to enjoy the safety and security of living in a gated community.
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Living within the metro
Moreover, living in real estate projects within or near the metro brings you closer to business opportunities. If you are a business person and want to expand your market, you do not need to spend so much to find the best place — it is right outside your doorstep. A centralized location gives you quick access to work – important to young professionals, transportation hubs, and natural wonders.
Bustling cities like Iloilo City and Bacolod, for example, are thriving business centers you can tap into. These two locations are the ideal hubs to start your business outside the capital city. Moreover, recent years have shown a growing demand in real property and condominium units in said places.
Meanwhile, Vista Mall attracts mall-goers for its exclusive shops like Coffee Project and All Day Supermarket. You can find the nearest Vista Malls in Camella Savannah and Camella Bacolod South.
Tip: Go for a location near your workplace and other essential establishments. This way, you can save time in driving and commuting. For business owners, location is a significant factor in growing their trade. Pinpoint specific hubs where locals and other investors frequently visit.
Invest in locations with excellent infrastructure
Real estate investment offers a compelling opportunity, particularly in areas blessed with excellent infrastructure like the Visayas region. The synergy between infrastructure projects and real estate investing is an undeniable driving force behind this bankable trend.
Infrastructure impacts property prices
One notable example is the Metro Cebu Expressway and the Mactan-Cebu International Airport, a gateway to the Queen City of the South, which has seen substantial expansion and modernization. The Mactan-Cebu Airport is the busiest airport in the Visayas region.
The Cebu Cordova Link Expressway, another pivotal project, further enhances accessibility within the region. This bridge connecting Cebu City and Mactan Island reduces travel time and opens up new areas for development and investment.
Investors with foresight recognize that such infrastructure improvements profoundly impact property values. Locations with well-developed infrastructure attract businesses, residents, and tourists, increasing demand for real estate properties. This heightened demand often translates into higher property prices and rental yields, making it an attractive proposition for savvy investors.
In essence, investing in areas benefitting from infrastructure projects like the Mactan-Cebu International Airport and CCLEX not only offers the potential for capital appreciation but also long-term sustainability and growth.
You must not stop at present infrastructure. Property investors should also check also for future development in the areas you are looking into, residential properties, business hubs and investment hub, construction projects in the pipeline, ongoing industrial projects, projects in tourism sector, information technology, and several industries.
Invest in a safe and secure community
Whether looking for a family house and lot, a vacation house, or a retirement home, the best choice is to go for a safe and secure community. When you spend your days in a relaxing space, you improve your life quality. The perception of safety is the top priority for any individual.
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Why invest in Camella Homes in the Visayas?
Camella has everything you look for in your house and lot investments in the Visayas.
Camella is located in key cities in the Visayas
Investing in a house and lot is all about location. Camella’s strategic presence in key cities across the Visayas offers an exceptional opportunity for real estate investors, especially in the context of the thriving Business Process Outsourcing (BPO) industry.
Cebu, Iloilo, and Bacolod’s evolution into major BPO hubs has turned them into promising real estate destinations. The emergence of the BPO sector has spurred job opportunities and increased housing demand. This presents a golden opportunity for real estate investors looking to capitalize on the cities’ growth.
With the BPO sector driving economic growth and urban development in these areas, Camella communities in the Visayas not only meet the housing needs of residents but also serve as a valuable asset in the flourishing real estate market.
Camella offers safety and security
You do not want a looming sense of uneasiness to grow each day because you fear something might happen to you and your family. And when you own a house and lot inside a secure community, you feel confident that nothing unordinary will occur. The round-the-clock security of Camella’s master-planned communities guarantees homeowners the worry-free life they aim to have.
There is a sense of community in Camella
Besides safety and security, the fellowship of a community is also an indicator of a good neighborhood. Here, the sense of belongingness is present. In times of need, you can rely on one another for extra help. You celebrate together when achievements and milestones happen. Camella is a master in creating community spaces where homeowners can interact with each other comfortably and live harmoniously.
Camella provides you with peace of mind for the future
The future is unpredictable, but you can control how much it can affect you. Investing in the right property can minimize your risks and increase your growth opportunities. Lastly, there is no age requirement for investing. As long as you have the resources, investing when the opportunity presents itself is always better.
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Find all the best qualities you desire most out of your next home in Camella. As the country’s top house and lot builder, Camella has projects across the best locations in the Philippines. The brand has built nearly 500,000 homes for both local and OFW investors. Each project is situated in carefully chosen areas to provide high-quality life to its homeowners. With its four-decade experience in the industry, Camella can guide you home to your dream house.
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