If there is a place in the Philippines that has been attracting such a diverse mix of property investors, it is Cebu. Real estate buyers have various reasons for turning their attention to the province. They invest for commercial and for residential reasons. Some desire to own homes here, either for holiday stay or for retirement purposes. There are various reasons for this attraction to Cebu. Cebu can be seen, in the property investor’s eye, as a place teeming with opportunity. Yet, while the cities are showing evidence of commercial progressiveness and infrastructure development, they still retain the light disposition and laid-back pace that are so inherent among Cebuanos. These seemingly contradicting factors actually improve Cebuanos’ quality of life.
In Cebu, urbanisation exists along with cultural beauty and heritage. The major cities are surrounded by provincial towns – some sleepy, others lively. Beyond the tall condominiums, hotels and offices, one can see a backdrop of mountains. Just thirty minutes away from the urban jungle lies the sea. This means that a holiday getaway is no problem for anyone living in Cebu. A few hours’ drive from the city will get you to the tip of the island. So, buying a home in Cebu’s major cities means getting the best of commerce and leisure. One can be near schools, malls and hospitals and still find a good vacation spot within an hour. Commercial investors also find Cebu to be a hotspot for job opportunities, as many fresh graduates from the surrounding islands come here to find employment. Those who put up hotels or flats for rent also find much revenue from tourists, from foreigners who come here to study and from foreigners who eventually decide to settle down and spend the rest of their lives here.
