Investing in Cebu
Cebu is one of the best places in the Philippines to live in. Known for its economic zones, BPO centers and picturesque tourist destinations, its capital Cebu City has increasingly become a growth center for real estate. In Cebu, one can find that perfect mix of the best in both business and leisure making it an ideal place for investments in real estate. Properties ranging from house and lots, condominiums, beach lots and commercial spaces in prime locations are just some of the options that are readily available for sale or for rent in Cebu. Cebu is accessible from anywhere in the world via the Mactan Cebu International Airport.
Its location right in the heart of the archipelago makes it an ideal gateway to both northern Philippines and southern Philippines. Cebu has attracted both foreign nationals and residents of the neighboring provinces to set up home not just in Cebu City but also in the nearby cities like Mandaue, Talisay and Lapu-lapu in Mactan Island. Tourist from around the world come to Cebu for its beaches while business executives stay longer to work in or manage the companies that have set up home in Cebu.
The presence of some of the world’s biggest BPO companies in Cebu as well as the manufacturing firms in its export processing zones has strengthened Cebu’s advancement in technology. The most prominent business and industrial points in Cebu are the Mactan Export Processing Zones (MEPZ) with locators like Timex Philippines, Lexmark International, Fairchild Semiconductors, Lear Corporation, Olympus Optical and Celestica Philippines; the Cebu Business Park where Ayala Center Cebu, Lexmark, Cebu City Marriott Hotel, Pag-ibig Fund Tower, Insular Life Building, Globe – Innove Plaza and Ayala FGU Tower are located and the Asia Town IT Park, the BPO hub in Cebu hosting Convergys, Aegis People Support, Avida Tower and JP Morgan Chase. Cebu also boasts of some of the leading hotels in the world like Shangri-la’s Mactan Resort and Spa, Cebu Hilton, Marco Polo Plaza, Cebu City Marriot Hotel, Radisson Blu and Waterfront Cebu City Hotels. Investing in Cebu is simple with the well regulated real estate industry in the Philippines.
Licensed Real Estate Brokers in Cebu can assist investors with property listings for condominiums, house and lot, beach lots and commercial spaces for sale or for rent. Nichols Park and Hacienda Salinas are two of the prime residential addresses in Cebu. Nichols Park is in Guadalupe Cebu City and within close proximity to the Cebu Provincial Capitol, Fuente Osmena Center, Ayala Center Cebu, Cebu Doctor’s Hospital and Chong Hua Hospital. Hacienda Salinas is in Lahug, Cebu City and easily accessible from the Asia Town IT Park, Waterfront Cebu City Hotel and SM City Cebu. Both subdivisions offer quality house and lot units right in the heart of Cebu City. Nichols Park and Hacienda Salinas are developments of Taft Property Venture Development Corp.