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Make Your Investment Worth by Purchasing Property for Sale in Cebu

Diversifying your investment portfolio is a key to making it big in the real estate business. Buying a property for sale in Cebu can be a good move if you want to own something outside Manila.

Cebu’s thriving economy means a bustling real estate market. You can take advantage of a lot of opportunities in the second largest region in the Philippines. Check out a property for sale in Cebu that will give you the highest returns on your investment. From condos to luxury lots in gated subdivisions complete with majestic views, there is something for every investment goal and budget.

According to Colliers International, there has been a constant increase in the number of people who buy residential units in Cebu since the start of 2016. Condominium properties continue to be built, and more properties are becoming available in the coming years in anticipation of the continued real estate boom.

Beachfront properties remain extremely popular. After all, Cebu is known for its beautiful beaches and warm waters. You can buy a beachfront property for sale in Cebu to build a resort on it. Another option is to make minimum improvements on the land and sell it to the highest bidder for a profit. You can also simply hold on to the property wait for the best time to resell it at a much higher price.

There are also plenty of opportunities in the Cebu main business district. As you go nearer to the main financial arteries, prices go higher, too. Make sure to evaluate the surrounding environment and check the average cost of land per unit area. You should also assess the pricing of permits, real estate taxes, and potential tenants or buyers for the particular house or condo that you want to invest in.

About the Author:

This article is written by Aakanksha Sangtani, working as an International Business Analyst at Housal Inc., is an online platform for real estate, addresses the unfulfilled needs by harnessing technology and bringing all-related solutions under one roof. For buyers, tenants, sellers, brokers, agencies or developers, it encompasses all their answers from property matching, listings, management, analytics and much more. Housal Inc. is the evolution of the real estate process – empowering the real estate industry for the future.

Points to Keep in Mind When Buying Property for Sale in Cebu Philippines

Published Date : April 2, 2018 Real Estate 101

Apart from its natural resources and thriving tourist destinations, Cebu also boasts of a growing economy. For this reason, a lot of people are looking for properties for sale in Cebu, Philippines. If you are in search of a house or a commercial property here, consider the following factors so you can better assess if you are truly ready to own a real estate asset or if a particular property is the right fit.

Budget and Property Price

Like any real estate buyer, you want to stay within your budget as much as possible and not overspend. That’s why the price of the property for sale in Cebu, Philippines is always a big deciding factor. When setting a realistic price range, keep in mind that you will have to invest a considerable amount of money for renovations or repair particularly if the property is old. Don’t forget that you also have to pay for taxes as required by the government.

Location

The capital of the province, Cebu City, has become a financial district like Makati and BGC in Metro Manila. You can find world-class condominiums here, as well as beautiful homes in gated communities. In case you want to take advantage of Cebu’s booming tourism industry, buying beachfront houses or properties for sale near the tourist destinations in North and South Cebu might be the best way to go. The key to knowing the right location is to list down your preferences and requirements.

Real Estate Agent and Online Listings

An experienced real estate agent can make the negotiations between buyers and property owners or developers smoother. He or she can also ensure that you are protected against fraud sellers. Nevertheless, it is fine to do everything on your own too. Just make sure that the online property listings that you are checking only lists projects of trusted developers.

Investing in Cebu promises a good return on your investment. With constant development and buzzing tourism, Cebu is well on its way to be at par with Metro Manila in terms of economy. Therefore, it is advisable to invest in this buzzing city now to get a good return in the near future.

About the Author:

This article is written by Aakanksha Sangtani, working as an International Business Analyst at Housal Inc., an online platform for real estate, addresses unfulfilled needs by harnessing technology and bringing all-related solutions under one roof. For buyers, tenants, sellers, brokers, agencies or developers, it encompasses all their answers from property matching, listings, management, analytics and much more. Housal Inc. is the evolution of the real estate process – empowering the real estate industry for the future.

Some Points to Ponder When Buying Property for Sale in Cebu Philippines

Published Date : March 7, 2018 Property Recommendations

More and more people want to live in Cebu because of all that the province has to offer. Living here means having access to beautiful beaches and bustling financial districts. Business is booming in Cebu because the province has grown to become a hub for manufacturing, heavy industry, construction, and shipping. If you have decided to purchase a property for sale in Cebu Philippines, then you made a right choice. But why get a ‘good enough’ property when you can get the ‘best’ one based on your budget and requirements? Ask yourself these questions before you buy.

City-based or near the beach?

If you are moving to Cebu for work, then you should definitely find a property near your office. The perks of being in the city include being within walking distance of malls, markets and entertainment centers. You are also just a few kilometers away from one of the biggest airports in the Philippines, which is Mactan International Airport.

For those who seek serenity and quiet living, a beachfront property might make more sense. Enjoy the sound of the waves and the cool wind as you drink your favorite wine or fruit shake and lounge on your front porch.

Apartment, condominium, or detached home?

When you buy a residential detached home, you acquire both the land and the building on it. With apartments, you still get both, but you need to deal with sharing your walls with neighbors. With a condominium unit, you get all the amenities of the condo as well as part-ownership in the management of the property. The best type of property for sale in Cebu Philippines really depends on your budget and what you and your family need. The key is to think about your lifestyle and preferences. Buy a property for sale in Cebu Philippines that will work to your advantage.

Buying a property in Cebu Philippines is a promising investment. But first, you must decide on which type of property you want to buy and would suit your preferences and budget. The easiest way to find your dream property is to search online listings from reputed brokerage firm or to get in touch with a competent and experienced agent.

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How to Select the Best Property for Sale in Cebu with Ease Using These Tips

Published Date : January 19, 2018 Real Estate 101

Cebu is becoming the central business district of the Philippines. It connects business in Metro Manila and other parts of Luzon to industries in Mindanao. It even has its own Mactan International Airport to cater to local and international flights. Cebu is also experiencing a tourism boom as it is surrounded by the beaches of Malapascua, Bantayan, Camotes, and Moalboal islands. Now is the best time to acquire properties in this part of the Philippines. Here are some tips to keep in mind if you are interested in investing in a property for sale in Cebu:

Determine your budget

This is the first and foremost consideration when buying a property. It’s important to set a realistic price range that you can spend in order not to go over-budget. But don’t let the price tag be the ultimate deciding factor. You should also consider other features of the land or property before making a choice.

Be clear about your intentions

What is the purpose of the property that you are buying? Is it for a residential home? Do you want to use the building for your business? What type of business are you in? These are just a few of the questions that you need to ask yourself before looking at properties for sale in Cebu. If you are looking for a house, list your preferences- beachfront or city-located, number of storeys, does it need to be in a gated subdivision, etc. If you are looking to buy a commercial or industrial space for your business, choose a property that can help you increase your sales and reduce your overall operational expenses.

Decide if you want to do everything on your own or with expert help

You can search on different online portals for property listings located in Cebu to get a general idea of what the market is like. You can also approach a real estate brokerage firm to guide you in your search. Trusted firms have connections with the top developers that allow you to get the best deals on land and other Cebu properties for sale.

Cebu is buzzing with development and tourism and surely has a bright economic future. In this scenario, it is advisable to invest in property in Cebu now to get a good return on your investment.

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Benefits of Selling Your House and Lot in Cebu City, Philippines

Published Date : January 5, 2018 Property Recommendations

The real estate industry in Cebu City is flourishing thanks to the Philippines’ overall economic growth. More townhouses and condominiums are rising as the city joins the rank of Southeast Asia’s major financial hubs. If you are considering of selling your house and lot in Cebu City, then now might be the best time. Here’s why:

Investors are actively looking for properties for sale in Cebu

Cebu’s economy is no doubt thriving, and it’s obvious with all the construction work one can see around. Investors are on the search for properties for sale that they can turn into commercial spaces, multi-family residential developments, etc. Now is the best time to sell if you want to take advantage of the seller’s market.

There is a growth in the number of prospective home buyers

Investors are not the only ones looking for house and lots for sale in Cebu City. Growing families and young professionals are active in the market, too. Those who are looking for a long-term residence in the area because of work or because their kids are studying in a Cebu-based university; often find it more cost-effective to buy than rent a house. Because the city has become ideal for families to live in, you can expect to get more prospective home seekers looking at your property.

Selling your house is faster than ever

All these trends result in faster transactions. Investors are most likely to make an offer because they want to start their building projects right away. You can choose to do all the legwork or hire an agent; the choice is yours. It is somehow easier to sell your home these days because of online property listings. The most reliable online real estate platforms in the country allow both real estate agents and property owners to submit a listing or advertise for free.

With just a little planning, you can sell your house and lot in Cebu City for a good profit and can now check all those bucket list items that you were waiting to do.

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