Merits of Buying House and Lot for Sale in Cebu City Philippines

Location, location, location is a long standing real estate mantra for good reason—location is a major determining factor for a property’s profitability. As such, it is one of the most important factors to think about when buying real estate, more so when investing in a home to raise your family in. Whether you are looking for a residential house and lot or investing in a buy and sell business, location remains a critical decision point, especially when thinking about the property’s increasing value over time. In the Philippines, one of the most lucrative locations for real estate investment outside of Metro Manila is Cebu City. Located right in the heart of the country, the island city is a fantastic real estate location offering plethora of investment opportunities for all kinds of investors. Exactly what makes this city an excellent location for real estate? Read on to know more:

• Business opportunities abound – The country’s second largest city, Cebu also serves as a major center for business down south. This city offers relatively low cost of business operations. Major economy drivers for the city include tourism, furniture making, heavy industry, as well as business processing services. Cebu expects continuous economic growth, making it an excellent location for any type of investment, especially real estate.
• Steady economy – Whether you’re looking at real estate investment from a business point of view or seeking out a good place to relocate your family, Cebu—with its strong and steady economy—makes a perfect location to explore. The province presently employs thousands of workers across a great number of industries, which means plenty of opportunities to find jobs and even set up a local business. Real estate is also a fast-growing industry in the city, which can only mean good things in terms of value appreciation for properties.
• Booming tourism – A top tourist destination, Cebu offers the perfect balance between laid back island life and urban modernity. This makes it one of the most sought after and frequently visited destinations by Filipino and foreign tourists alike. Buying a

house and lot in Cebu City means living within minutes from pristine beaches and spectacular diving spots, as well as the most important local heritage sites and historic destinations in the country. Local festivities like the world-famous Sinulog Festival also makesliving locally an exciting experience. Cebu is one of the best and most culturally rich places to live in the country.

Housal Inc. is a real estate brokerage firm based in West Bonifacio Global City, Philippines. Their offer brokerage services to investors, property owners, & landlords who are willing to invest in the real estate.