Please Move if it is not suitable here.
The city of Davao has become a potential city of investments. From residential houses to condominium units, from commercial spaces to agricultural lands, Davao has a lot to offer. It has a good economic status that has sent business flourishing across the region. Likewise, its outstanding governance has made it a city of peace and order.
But, good economic status and great governance outside, what else is making it a potential spot for real estate investments?
Accessibility. Located at the southern tip of the Philippine archipelago, Davao proves to create no hassle in traveling. It has various sea and air travel linkages to major travel destinations in the Philippines. Also, its location has made it a jumping point for any export or trading activity within the ASEAN countries.
Investor Accommodation. Davao is proud to be the first city in the Philippines to house an investment promotion center, offering aid to any investor such as applying for fiscal incentives and for any other necessary must knows when starting a business in the city.
Less Cost. Compared to other counterpart cities in the country, almost everything in Davao costs less – from real estate to consumer goods and raw materials. While manpower comprises of well-educated and skilled individuals, investors might be happy to know that hiring workforce in Davao is also very effective.
Good weather. Its strategic location presents a predictably typhoon-free area. Business and other business related activities are not bound to be interrupted by bad weather conditions. Bright and sunny days come of no surprise to this region.
Safety. Davao is endowed with a Task Force Davao and a 911 response team, making it one of the safest livable cities of the Southeast Asian territory. Following rules and restrictions are only a few of the mere practices of the highly disciplined people of Davao. The city is strict with regards to minors and no public smoking is allowed. This being said, no wonder there is a great deal of harmony in Davao. Then, again, it also leads back to good governance.
Efficient Utilities. There is sufficient potable water supply throughout the city and electricity is supplied through a hydropower generation system supported by a guaranteed back up generation plant. Communication is also not a problem. One could contact just about anyone anywhere in the world.
Developing or owning a property will surely be a good investment. There are a lot of options to choose from and at some point, discount bids are offered. A number of banks also offer loans for those who are not able for immediate payments.
Surely, Davao is not called the Land of Promise for nothing.