More real estate developers in the country are setting their sights on strategic locations outside Metro Manila. For property investors and homebuyers, moving out of Manila can also be advantageous in some aspects. In many areas outside the metro, the cost of living is much lower, traffic situations are better, the multiplication of jobs is increasing, and the housing market is more affordable, giving home buyers more options.
Best Investment Locations Outside of Metro Manila
Today, investment hubs are no longer confined in Metro Manila, especially for real estate investments. In searching, you might ask where is the best place to buy property in the Philippines. Here are some of the locations you need to check for property investments outside Metro Manila.
Photo by Maxime Francis from Pexels
Iloilo
With the influx of foreign investments and numerous infrastructure projects, Iloilo’s economy is continuously expanding and job hiring has been steadily increasing across different industries. It is fast becoming one of the best real estate and business investment destinations in the Philippines. Iloilo is also known as “The Gateway to the Visayas” due to the availability of its seaports and airport. Its seaports include ferry terminals that lead to Bacolod, Guimaras, and Palawan. The Iloilo International Airport also has regularly scheduled flights to other cities like Manila, Cebu, Davao, etc., and international flights to and from Hong Kong and Singapore. Iloilo is also home to some of the Philippines’s most beautiful beaches like the Gigantes Islands, Concepcion Islands, and Sicogon Island; historic churches like the Miag-ao Church, Molo Church, and Jaro Cathedral; and other tourist spots like the Garin Farm, Calle Real, and Iloilo River Esplanade.
Source: Panay News
As far as the quality of life and economic opportunities are concerned, Iloilo has a lot to offer. If you are planning to move to Iloilo, be sure to check out Lessandra Grove to find the best affordable house and lot for you!
Explore other Philippine destinations like Sorsogon. Read The Best Staycation Spots in Sorsogon.
Cagayan de Oro
Cagayan de Oro’s continued growth and development have attracted more investors in the city. Known as “The Gateway to Northern Mindanao”, Cagayan de Oro remains one of the most accessible cities in Mindanao with the presence of an international port and multi-berth base port, and an international-standard airport. Cagayan de Oro also earned the title of the “Adventure Capital of the Philippines” because of its thrilling and relaxing activities, whitewater rafting being the most popular and must-try adventure-filled activity. The dynamic tourism scene in Cagayan de Oro drives demand for the real estate sector, especially the hospitality industry. Cagayan de Oro is also home to quality education boasting of having 4 major universities and at least 6 major colleges.
Photo Source: Guide to the Philippines
A first-class highly urbanized city, Cagayan de Oro is one of the best places to buy property in the Philippines. If you happen to be on the lookout for a real estate investment or your forever home in Cagayan de Oro, be sure to check out Lessandra Peak to find the best affordable house and lot for you!
See another booming city in Mindanao, the General Santos City!
Pampanga
Pampanga has become a major investment and infrastructure development hub with its growing population and market. The Pampanga Megalopolis Plan which revolves around five key investment priorities – anchor tourism destinations, light industrial parks, high-value manufacturing, high-value agriculture and smart city technologies, promises to have the province fully-equipped with top-notch healthcare systems and disaster resilience plans. Pampanga is accessible to Metro Manila and the rest of Luzon via North Luzon Expressway (NLEx), Subic-Clark-Tarlac Expressway (SCTEx) as well as MacArthur Highway and Jose Abad Santos Avenue.1
Known as the “Culinary Capital of the Philippines”, Pampanga is home to delectable dishes and flavors cooked in the most unique way such as Morcon, Burong Kapampangan, Sisig, Arroz Valenciana, etc.
Photo Source: Amiable Foods
Pampanga has become increasingly popular with Filipino families as it is one of the most accessible provinces in Central Luzon.
With its accessibility to Metro Manila and the developments in the area, it is no wonder why many choose Pampanga as a location for real estate investments. It is one of the best investment locations in the Philippines outside metro manila.
If you are looking for a great place to move in, away from the busy Metro Manila, but still want to remain in the center of everything, be sure to check out Lessandra Apalit to find the best affordable house and lot for you!
More provinces outside of Metro Manila are rapidly growing economically backed with their amazing tourist destinations and urban districts. In Luzon, Visayas, and Mindanao, there are many cities and provinces you can explore for real estate investments. In the article Top Cities and Provinces to Consider for Your Real Estate Investment, the best locations to invest in real estate in the Philippines were enumerated.
Choosing Your Real Estate Developer
In property investment,
location is the topmost consideration. Another factor that should not be
neglected is the real estate developer. Choose a developer that is not only available
in the best locations but one that can provide the ideal home and community. A home where you can feel
at ease, relax after a long day, and one that can assure you
of a great investment.
In these progressive locations, Lessandra has its community to cater to the Filipino people. Lessandra communities provide a breathable space for its residents outside their homes. A green and maaliwalas community is offered to homebuyers coupled with convenience as Lessandra homes are all strategically located to cater to the homebuyers’ daily needs.
Lessandra is an affordable house and lot developer offering maaliwalas home spaces nationwide. To know more about affordable properties in Lessandra, visit the Lessandra House Listings. To find out how to buy a house and lot in the Philippines, read A Buyer’s Quick Guide on How to Buy a House and Lot in the Philippines.
Sources:
1https://www.asgam.com/index.php/2019/11/26/the-rise-of-clark/
