subject: Proof That Cebu Has Excelled In Real Estate [print this page] As a proof that Cebu has excelled in real estate, here is your compilation of news showing your booming sector.
In spite of the global recession, the real estate sector has continued to prosper in Cebu as a result of the existence of OFWs who desires to live in the city. Here are a number of news reports as proofs of the booming market, which are as follows:
Cebu properties Booming
Various businessmen in Cebu believe that real estate today is a worthwhile opportunity. This is clear through the expansion of several eateries and resorts chiefly in Mactan Island. In their interview with The Freeman, they said that investing in a real estate sector guarantees speedy return of investment (roi). For people who are looking for the right way to spend their money, get full advantage of the thriving economy by investing in Cebu real estate investment.
Manila Real Estate Expands into Cebu Area, Philippines
As a result of escalating demand in Cebu, Ultima Residences Tower Condominiums, a Manila real estate, has finally expanded its establishment. Using their unequaled services such as spa, gym, restaurants, and more; individuals can't help but get overwhelmed.
Cebu's Real Estate Business Thrives Even with Crisis in US
Due to the rising number of Filipinos who want to work overseas, land developers are optimistic that the sector
would turn into more booming in two years time. Because many people need to live in Cebu, condotels can be becoming more common and opportune.
SDR Mactan Cebu Real Estate
Modest business establishments in Mactan are investing in apartments and pension houses to accommodate the developing tourism within Mactan Island. They have generated revenues as well as supply job opportunities to many residents in the area.
Condominium in Cebu Still Expanding
According to the head finance of Sta. Lucia Realty and Development, Inc. , there is a potential market in Cebu when it comes to condominium. As proof, a planned residential undertaking in Punta Engano, Lapu- Lapu City is already set for 2010. The proposed name is Discovery Bay, a 500- hectare area with a beach club within the condominium is something worth waiting for.
Flourishing real estate investment opportunity in Cebu
Published last June 22, 2009, the press states that tourism has paved the way for a booming real estate sector. DSR Asset Management Ltd has assisted numerous real estate investors like the City Loft and Ramos Tower in identifying the best business to venture.
New Real Estate Company develops housing community in San Fernando
A new entrepreneur in the real estate industry, the Nexus Real Estate Corp., has made a housing venture within Southern Cebu. He has preferred real estate investment on the grounds that he believes that the lot value rises yearly, which is the best opportunity to gain.
All these reports demonstrate that real estate investment remains unaffected in spite of the economic circumstance. You just have to be eager in selecting the best area to invest and be able to compete with the established brokers.