Buy or Invest @ iReal State Cebu

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iReal State Cebu site


Why invest in Real Estate in Cebu?
Real Estate Boom in Cebu Forces causing of the Boom

Booming Tourism.

There is a regular Tourist, Expat and Executives, Foreign Spouses, Foreign Retirees;

Medical Tourism and Education Tourism.

More direct International Flights are open.

Cebu ranked no. 4 among Asian island destinations, according to Travel + Leisure magazine, which recently rleased the results of its World’s Best Awards 2009, a listing of the best hotels, airlines, cruises in islands and cities all over the world. No other Philippine city, island, resort, hotel, or airline made it to the listing in other categories.

OFW Remittances.( Dollar $)

US $ 16.43B in 2008 Increase by 13.7%

in 2007 US $ 17.35B in 2009 Another increase -2009 3.

BPO Industry Last year Cebu City is the top BPO preferred destination. Like the service of medical, legal, accounting and HR transcription. .Therefore; More demands of labor forces and need a place to stay.

Cebu is a great destination to provide business continuity in your global sourcing plan; this is true even with Manila as an existing destination. The island is far south of Luzon (island where Manila resides) and is surrounded by neighboring islands.

Because of the location, it is shielded from most tropical storms and typhoons. If Manila gets pounded with weather, Cebu usually doesn’t feel more than strong rain.

Additionally, the island has the fastest growing economy in the island chain and is the second largest metropolis in the Philippines.

Here are some other factoids about Cebu:
The island boasts a population of about 3.5MM; most speak English well Cebu graduates 20K students annually from its universities and offers a strong, educated labor pool Power sources are a mix of fuels and geothermal energy, ensuring long term reliability and protection of the environment; all power and water supplies are mutually exclusive of Luzon and the northern islands. Growing Population Cebu City almost million residents. Residential space is becoming rare. THEREFORE; there is DEMAND of real estate (For rentals and Owning a unit for investment)

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