The Pros and Cons of Buying a Fixer-Upper: A Comedy of Home Improvement

So, you’re thinking about buying a fixer-upper, huh? Well, my friend, you’re about to embark on a journey that’s equal parts renovation and comedy show. It’s like getting a front-row seat to the chaos and hilarity of DIY home improvement. Buckle up; it’s going to be a wild ride!

The Allure of Fixer-Uppers: Where the Fun Begins

1. Cost Savings: Money Talks (and Laughs)

Picture this: You stroll into a fixer-upper, and the price tag practically winks at you. It’s like the property is saying, “Buy me, and we’ll have a blast fixing things up together!” Your wallet is in for a treat.

2. Personalization: Make It Your Own (and Have a Good Laugh)

With a fixer-upper, you’re the creative genius behind the curtain. Design your dream home or unleash your inner Picasso. Just remember, when your friends ask about that unique kitchen backsplash, you can say, “Oh, it’s avant-garde!”

3. Investment Potential: Counting Money and Chuckles

Fixer-uppers aren’t just about giggles; they can line your pockets too. By transforming a rundown property into a masterpiece, you could be laughing all the way to the bank when it’s time to sell.

4. Creative Satisfaction: DIY Comedy Show

There’s a particular joy in watching your home go from shambles to chic. Think of it as your very own home improvement sitcom, complete with quirky characters (you and the contractors) and plot twists (unforeseen plumbing disasters).

The Challenges of Fixer-Uppers: Where Laughter Meets Reality

1. Renovation Costs: The Comedy of Budgeting

Renovation expenses can be a barrel of laughs – as long as you’ve got a budget. But beware, unexpected issues may pop up, and suddenly your budget is like a stand-up comedian going off-script.

2. Time-Consuming: The Sitcom That Never Ends

Living in a construction zone? It’s like being in a sitcom that never gets canceled. Prepare for your daily life to resemble a comedy sketch where the punchline is “Sorry, we can’t use the bathroom.”

3. Skill Requirement: The Hilarity of DIY

Sure, you can DIY some stuff, but some renovations require professional skills. It’s like attempting stand-up comedy without any jokes; you’re better off leaving it to the experts.

4. Hidden Issues: The Surprise Twist

Older properties often hold secrets – think mold, creaky floors, and wonky wiring. It’s like discovering hidden subplots in your favorite TV series, except you can’t skip these episodes.

Frequently Asked Questions (FAQs):

Are fixer-uppers a good investment? Fixer-uppers can be a laugh riot of investment, provided you’ve got the resources, time, and a sense of humor to handle the renovations. The potential returns can have you grinning all the way to the bank.

How do I estimate renovation costs? Estimating renovation costs is like trying to predict the punchline of a joke; you’ll need multiple quotes from contractors, budget for materials, and toss in a pinch of “just in case” money.

What should I look for in a fixer-upper? When searching for a fixer-upper, think of it as casting for a reality TV show. Your top criteria are location, potential resale value, and the extent of needed renovations. And remember, the property inspection is your audition!

Should I hire professionals for renovations? Yes, unless you’re secretly a superhero with handyman skills. For complex stuff like electrical work, it’s best to call in the professionals and let them be the stars of your home improvement show.

Can I live in a fixer-upper during renovations? Living in a fixer-upper during renovations is like starring in your very own sitcom. Expect laughs, inconveniences, and maybe a few tears. Having a backup living arrangement is always a good idea.

How long does it take to renovate a fixer-upper? The renovation timeline is like the plot of a comedy series; it varies based on the extent of the work. Prepare for a season finale that could last from a few months to, well, however long the laughs keep coming.

Final Thoughts: The Grand Finale

In the grand finale of your fixer-upper comedy, you’re the star. Buying one is an adventure filled with laughter, surprises, and a few facepalms. Just remember, every setback is a punchline, and every success is a standing ovation.

So, as you embark on your fixer-upper journey, keep that sense of humor handy. You’ll need it, and trust me, it’ll be your best tool in the toolbox. Happy home improvement, comedy style!

About the Author 

Meet Timons Cabansi, or Tims for short, a multifaceted individual with a heart devoted to dogs, a green thumb that turns plants into thriving art, a brush that strokes emotions onto canvases, and over a decade of real estate prowess. Tims is also a devoted father, encapsulating a vibrant spirit by effortlessly intertwining his passions and expertise into a unique life journey.

You can connect with him through Facebook, X, or Linkedin.

Discover the Cost of Living in the Philippines: Budget Smartly and Embrace the Unique Lifestyle of this Beautiful Southeast Asian Country

1. Introduction

Moving to a new country can be both exciting and challenging, especially when it comes to understanding the cost of living. If you’re considering a move to the Philippines, this article will provide you with valuable insights into the expenses you can expect. From accommodation to healthcare, transportation to entertainment, we’ll cover it all, helping you make informed decisions and budget smartly for your life in this beautiful Southeast Asian country.

2. Understanding the Philippines: A Brief Overview

Before we delve into the cost of living, let’s get familiar with the Philippines. It is an archipelagic nation known for its stunning beaches, vibrant culture, and warm hospitality. The country offers a unique blend of tradition and modernity, making it an attractive destination for expatriates seeking adventure and a laid-back lifestyle.

3. Cost of Accommodation

Renting an Apartment

Renting an apartment is a popular choice for expats, especially in urban centers like Manila and Cebu. The cost of renting can vary depending on the location, size, and amenities. Generally, you can find one-bedroom apartments for as low as $300 per month, while luxurious condos may cost upwards of $1,000 per month.

Buying a Home

For those looking for a more permanent residence, buying a home can be an option. Prices of properties vary greatly between regions, with urban areas having higher price tags. It’s essential to research thoroughly and consider working with a reliable real estate agent.

4. Food and Grocery Expenses

Local Markets vs. Supermarkets

The Philippines offers a diverse culinary scene, and exploring local markets can be a delightful experience. Fresh produce and ingredients can be found at affordable prices. However, for a wider selection, supermarkets are also available, albeit with slightly higher costs.

Dining Out vs. Cooking at Home

Eating out in the Philippines can be cost-effective, with local eateries (carinderias) offering tasty meals for just a few dollars. Cooking at home, though, allows you to control expenses and experiment with local recipes.

5. Transportation Costs

Public Transport

Public transportation in the Philippines is relatively inexpensive. Jeepneys and buses are popular modes of commuting, with fares starting at around $0.25. However, traffic congestion in urban areas can be challenging.

Buying a Vehicle

If you plan to travel frequently or reside in rural areas, owning a vehicle may be necessary. The cost of a new car can range from $10,000 to $30,000, depending on the make and model.

6. Healthcare Expenses

Public vs. Private Healthcare

The Philippines has both public and private healthcare facilities. Public healthcare is generally more affordable, but private facilities offer better amenities. Health insurance is advisable to cover medical expenses adequately.

Health Insurance

Investing in health insurance is crucial to safeguard against unexpected medical costs. Premiums can vary based on coverage and age.

7. Education Costs

Public Schools

Public schools in the Philippines are tuition-free, making education accessible to all. However, expenses for books and uniforms should be considered.

Private Schools and Universities

Private educational institutions offer higher quality education but come with tuition fees. Costs can differ significantly depending on the school’s reputation and programs.

8. Entertainment and Recreation

Nightlife and Social Activities

The Philippines has a lively nightlife scene, and socializing with locals and fellow expats can be enjoyable without breaking the bank.

Tourist Attractions and Leisure

Exploring the country’s natural wonders and tourist attractions can be affordable, with entrance fees and travel expenses being reasonable.

9. Utilities and Services

Electricity and Water

Utility costs can vary depending on usage and location, but generally, they are reasonably priced.

Internet and Cable TV

Internet plans and cable TV subscriptions are available at varying rates, depending on the provider and package.

10. Miscellaneous Expenses

Clothing and Personal Care

Clothing expenses in the Philippines are reasonable, with both local and international brands available.

Home Maintenance

Maintaining a home requires budgeting for repairs and upkeep, which can be manageable.

Taxes and Insurance

Understanding the tax system and obtaining necessary insurance coverage is essential for financial planning.

11. Embracing the Unique Lifestyle of the Philippines

Living in the Philippines offers a unique lifestyle filled with warm and friendly communities. Embrace the local customs, participate in festivities, and explore the natural wonders to make the most of your experience.

12. Tips for Budgeting in the Philippines

• Keep track of your expenses regularly.
• Prioritize needs over wants.
• Take advantage of local discounts and promotions.
• Consider living in the suburbs for more affordable housing options.

13. Takeaway

Moving to the Philippines can be a life-changing decision. By understanding the cost of living and budgeting smartly, you can make the most of this beautiful country. Embrace the unique lifestyle, savor the diverse cuisine, and create cherished memories amidst the captivating landscapes of the Philippines.

About the Author 

Meet Timons Cabansi, affectionately known as Tims, a seasoned real estate professional from the enchanting “City of Pines,” Baguio City. With over a decade of industry experience, Tims brings a wealth of knowledge and expertise to every real estate endeavor.

You can connect with him through Facebook, Twitter, or Linkedin.

The Role of Location in Real Estate Investing in the Philippines

Real estate investment has become a favored option for both domestic and international investors in the Philippines due to the country’s flourishing economy, stable political environment, and appealing investment benefits. Nevertheless, the site of the property is a crucial aspect that can determine the triumph or downfall of a real estate investment. This article will examine the significance of location in real estate investment in the Philippines and offer guidance on the most favorable locations for real estate investment.

Real estate investment is a profitable way to generate income and build wealth without active involvement. However, it is important to note that not all real estate investments are equal. The location of a property can significantly affect its worth, rental income, and overall return on investment. Therefore, comprehending the significance of location in real estate investment is crucial.

Understanding Location in Real Estate Investing

The value of a property is greatly influenced by its location, location, and location which is already cliche but it encompasses not only its physical attributes yet also its proximity to important facilities like schools, hospitals, shopping centers, public transportation, business areas, and the economic stimulus of the area itself. Additionally, the location can impact the property’s demand, which in turn affects its rental income and resale value.

Understanding Location in Real Estate Investing

What is the significance of the location in real estate investment?

How does the location impact the worth of a property?

Which amenities and facilities are crucial in determining the value of a property?

Best Locations for Real Estate Investing in the Philippines

Identifying the ideal real estate investment locations in the Philippines can be difficult due to its vast archipelago of over 7,000 islands. Nevertheless, investors can consider various factors to determine the most suitable locations for their investments. These factors include:

Economic Growth

Investors are advised to take into account the economic progress of a region or specific area before choosing a property to invest in. Urban areas that experience robust economic expansion tend to draw in more enterprises and generate more employment prospects, leading to a rise in the need for real estate usage.

Infrastructure Development

The appreciation of a real estate asset in an area can be significantly influenced by the progress of the nearby infrastructure and other relevant variables. Urban centers with advanced infrastructure, such as efficient transportation systems, iconic landmarks, and well-maintained roads and highways, tend to draw a larger pool of investors, potential buyers, and tenants.

Tourism Potential

Tourism is a significant contributor to the Philippine economy, and cities with high tourism potential are excellent locations for real estate investment. Tourists need accommodations, and properties in tourist destinations can generate significant rental income.

Best Locations for Real Estate Investing in the Philippines

What are the key considerations for investors when selecting a property to invest in the Philippines?

How does the growth of the economy impact the demand for real estate?

What is the significance of infrastructure development in real estate investment?

How does the potential for tourism impact real estate investment?

Top Locations for Real Estate Investing in the Philippines

Based on the factors mentioned above, here are some of the top locations for real estate investing in the Philippines:

Metro Manila

Metro Manila stands at the core of the country’s political, cultural, and economic landscape, rendering it a desirable destination for real estate investments local and foreign alike. The city boasts multiple central business districts, bustling commercial hubs, and shopping destinations, thereby offering a plethora of opportunities for investing in both residential, tourism, and commercial properties.

Cebu City

Cebu City, the country’s second most populous urban center, holds significant influence in the domains of commerce, economics, and politics, given its substantial voter base. With a sturdy infrastructure and a booming economy, the city has emerged as an attractive proposition for both domestic and international investors eyeing the real estate market.

Davao City

Davao City is the largest city in Mindanao and the third-largest city in the Philippines. The city has a thriving economy, with strong tourism and agribusiness industries, making it an excellent location for real estate investment.

Other Locations for Real Estate Investing in the Philippines

Aside from the top locations mentioned above, there are other areas in the Philippines that are also excellent for real estate investment. These include the following:

Baguio City

Baguio City, often hailed as the enchanting “City of Pines” and recognized as the Philippines’ sole UNESCO-acclaimed “Creative City” and “Summer Capital,” holds immense popularity as a beloved tourist destination within Benguet province. The city serves as a melting pot of diverse indigenous communities from the North Luzon region, offering a delightful climate and showcasing breathtaking natural landscapes and cultural landmarks. Notably, Baguio City’s real estate sector is experiencing a thriving phase, witnessing remarkable progress in residential, commercial, and tourism ventures.

Batangas

Batangas province, situated in the southern vicinity of Metro Manila, is widely acclaimed for its breathtaking coastlines and abundant natural beauty. Moreover, the region has witnessed substantial economic development in recent years, rendering it an increasingly popular choice for real estate investments.

Pampanga

Pampanga, a province situated north of Metro Manila, is celebrated for its rich culinary heritage and captivating historical landmarks. Notably, the province hosts the esteemed Clark Freeport Zone, a flourishing economic center that continues to draw in an increasing number of enterprises and investors.

Iloilo City

Iloilo City, nestled in the picturesque Visayas region, is renowned for its storied past and vibrant cultural legacy. The city boasts a flourishing economy, witnessing notable progress in the real estate and tourism domains with a slew of promising developments.

Takeaway

The significance of a location cannot be overstated in the realm of real estate investment in the Philippines. Prospective investors should carefully evaluate various factors, such as the trajectory of economic growth, the advancement of infrastructure, and the potential for tourism while selecting the ideal property for investment. While Metro Manila, Cebu City, and Davao City stand out as top-notch locations for real estate ventures, it’s also worth exploring other promising areas within the Philippines, including the captivating Baguio City. By strategically choosing the right location, investors can unlock the full potential of their real estate investments, paving the way for long-term financial prosperity.

FAQs

Why is location important in real estate investing?

• The location of a property can have a significant impact on its value, demand, and potential rental income.

What factors should be considered when selecting a location for real estate investment?

• When choosing a location for real estate investment, it is crucial to consider factors such as economic growth, infrastructure development, and tourism potential.

Which locations in the Philippines are considered top choices for real estate investment?

• Metro Manila, Cebu City, and Davao City are among the top locations for real estate investment in the Philippines.

Are there other areas in the Philippines that are worth considering for real estate investment?

• Absolutely! Apart from the aforementioned cities, other areas like Baguio City, Batangas, Pampanga, and Iloilo City are also excellent options for real estate investment.

Can real estate investing in the Philippines be a profitable endeavor?

• Yes, real estate investing in the Philippines can be highly profitable with the right location and strategic approach.

About the Author 

Timons Cabansi, also known as Tims, is a seasoned real estate professional hailing from Baguio City, the “City of Pines.” With over a decade of experience in the industry, Tims brings a wealth of knowledge and expertise to every real estate endeavor.

You can connect with him through Facebook, Twitter, or Linkedin.

Making the Most Out of Small Spaces in Filipino Real Estate

In the Philippines, real estate investors and OFW are always on the lookout for ways to make the most out of small spaces. Here are some tips on how to do just that! If you’re looking to invest in property in the Philippines, or if you’re an OFW trying to find a place to call home, there are a few things you should know about making the most out of small spaces.

No matter what your budget is, there are always ways to get more bang for your buck when it comes to real estate in the Philippines! Keep reading to find out more…

Have a full-proof floor plan

When it comes to maximizing small spaces in Filipino real estate, one of the key principles is to think ahead. Have a plan for how you want to use the space and how you can make the most out of it. Consider what kind of furniture and appliances you’ll need to fit within the area, as well as any other items.

Building on a floor plan is also important in order to make the most of a small space. Making sure that all your furniture pieces and appliances fit into the area, and that there is enough room for walking, is key. Make sure to measure everything before purchasing, as furniture pieces can sometimes be bigger than originally anticipated.

Additionally, using multi-functional furniture such as bunk beds, sofas with storage, and adjustable tables will help you make the most of the space. A modular furniture is also a great option for small spaces as it can be rearranged to suit your needs.

Adding natural light to a space can be especially helpful to make the most out of small spaces in Filipino real estate. Making sure that windows are positioned properly, to take advantage of natural sunlight, is important. It helps brighten up the area and brings a sense of warmth and life into it.

Maximize storage capacity

A great way to make the most out of a small Filipino real estate space is to focus on maximizing storage. Investing in multi-level storage solutions that can be used to store items vertically, like shelves and wall-mounted cabinets, can help you maximize the available floor space.

Additionally, investing in furniture pieces with built-in storage can also be maximized by investing in furniture pieces with hidden compartments, such as ottomans and futons. Making use of vertical space is another great way to maximize storage, and using wall-mounted shelves and cabinets can help you achieve this.

Additionally, installing shelves above the doorway makes the most of a small space in Filipino real estate is to using furniture and appliances that can do double duty. For example, a sofa bed or foldable dining chairs can provide additional seating when needed, while also freeing up storage space in the room. Additionally, investing in large mirrors can create an illusion of a larger space.

Making careful use of furniture and accessories is important in the property space to make the most out of small spaces. Using large rugs, for example, can help define different areas in a room and help break up

Continuing the idea, another great way to make the most out of a small space in Filipino real estate is to incorporate features that aid in creating the illusion of a larger space. Making use of bright colors on the walls, such as white or light blues, can help create an illusion of more space.

Property Balance of Wall Paint and Floor Tiles

Creating a balanced property look with the perfect combination of wall paint and floor tiles is essential to maximizing the potential of your small Filipino real estate. Making sure that the colors, patterns, and textures blend together can help create an inviting and comfortable atmosphere that won’t feel cramped or overwhelming.

Creating a balanced property look, and incorporating wall art can help bring life to a small space. Making use of large or oversized pieces that make a statement can help draw the eye upwards and create an illusion of more space. Additionally, selecting artwork with bright colors and textures will help break up the walls in the property and making use of natural materials such as bamboo and rattan can also help make the most out of a small space in a Filipino real estate vibe.

Natural materials bring a sense of warmth and light into any room, while also bringing in an element of texture that can help break up the space.

Hire an experienced interior designer

Hiring an experienced interior designer is a great way to make the most out of small spaces in a small property unit. An experienced interior designer can help you create a space that is both functional and aesthetically pleasing, while also maximizing the potential of your property.

With their expertise, they can help you choose the right furniture pieces, accessories, and wall art that will not only bring life to your property but also create an illusion of more space. They will be able to provide insight on how to properly balance wall paint and floor tiles for maximum impact as well as suggest multi-functional pieces such as sofas with storage or bunk beds that can save valuable square footage.

An experienced interior designer will ensure that all elements work together harmoniously to maximize the potential of your Filipino real estate.

Takeaway

Making the most out of small spaces in Filipino real estate requires careful consideration and thought. Making use of furniture pieces with built-in storage, using vertical space, investing in large mirrors to create an illusion of a larger space, and making careful use of wall paint and floor tiles to balance the property look are some ways that can help you maximize your available floor area.

Additionally, hiring an experienced interior designer will ensure that all elements work together harmoniously to make the best out of any given property unit. With these tips in mind, you should be able to create a cozy yet functional living or working environment without breaking the bank!

It’s no secret that the Philippines is a rapidly-growing economy. So it should come as no surprise that real estate investors are looking to Manila and its surrounding areas as potential places to invest their money. However, what is surprising is the fact that many of these investors are choosing to put their money into the northern part of the country, specifically North Luzon.

Why is North Luzon becoming such a popular destination for real estate investors? There are a few reasons. First of all, the cost of living in North Luzon is relatively low when compared to other parts of the country. This makes it an attractive option for those who are looking to invest in property but don’t want to break the bank doing so.

In addition, the region has a lot to offer in terms of culture and natural beauty. From the stunning beaches of Pangasinan to the hidden treasures of Baguio City, there’s something for everyone in North Luzon. And with the region being so close to Manila, it’s easy to see why more and more people are choosing to invest in this part of the country.

As the real estate market continues to grow in North Luzon, so too does the number of investment opportunities. Whether you’re looking to buy a property for yourself or you’re wanting to flipping houses for profit, there’s definitely money to be made in this part of the country.

One of the most popular areas for investors is Pampanga. This province is home to some of the best-known brands in the Philippines, such as San Miguel Corporation and Jollibee. In addition, Pampanga is also known for its vibrant food scene—something that attracts a lot of attention from both locals and foreigners alike. For these reasons, Pampanga is a great place to buy property—especially if you’re looking to rent it out or sell it for a profit down the line.

Another province that’s becoming increasingly popular among investors is Baguio City. This city is known for its cool temperatures and stunning scenery. In addition, Baguio City is also home to a number of colleges and universities, making it a popular choice for students who are looking for somewhere to live while they study.

If you’re thinking about investing in North Luzon, now is definitely the time to do it. With prices still relatively low and demand high, there’s no better time to get started than now. So what are you waiting for? Start your search for your perfect North Luzon real estate today!

Conclusion:

North Luzon is quickly becoming one of the most popular places to invest in real estate in the Philippines. Thanks to its relatively low cost of living and close proximity to Manila, more and more people are choosing this region as their investment destination of choice. If you’re thinking about investing in North Luzon, now is definitely the time to do it!

Getting approved by banking lenders in the Philippines or any bank for that matter is stressful. If you plan on getting a loan but you haven’t done your research, you might want to postpone that visit, sit down and read this. It might just increase your chances of getting approved. 

How to get Approved by Banking Lenders in the Philippines

Assess your financial capability

When you request a loan, the bank or the lender will ask you about your monthly income, assets, liabilities, and others related to your financial capability. They will also assess you as to your income, credit history, and your debt service ratio. All these you need to know before you can even visit a bank for a loan. As you assess your financial capability based on these, you will have a better idea if you will be approved or not.

Work on Your Credit History, Create stability

Now that you know more about your financial capability, you now work on your credit history. Some borrowers go ahead and submit a loan application without realizing that banks and lenders share information on delinquent borrowers. Whatever history of non-payment you have, you need to settle it before you apply for a loan. 

You also would need to create stability when it comes to your cash flow. Make sure that you have a stable income and avoid any new debt. This shows that you are financially stable and that you are able to pay the loan you are about to get. 

Prepare all documents needed, be prompt in responding to your Lender

Documents are very important in getting approved by banking lenders. You need to make sure you do your research and complete all the needed documents to submit. This saves you time, money, and effort which your lender will also appreciate. Last is to always be open with your lender, respond promptly to any requests if they ask you for it, and basically, be a responsible borrower.

Looking for a place to settle down or to start a new chapter in life? The highlands of Benguet may have exactly what you’re looking for! There is so much to love about living in Benguet. Chilly weather, fresh produce, the people, and the quiet life says it all. Out of so many reasons, here are 5 of them that would make you want to move to this slice of paradise.

Why you Should Move to the Highlands of Benguet

The Weather

Benguet is best known for its cool weather compared to anywhere else in the Philippines. While the rest of the country has a tropical climate, Benguet is a place that would require you to wear a jacket when heading out. Here, you can enjoy cool, foggy mornings while sipping on a nice, warm drink.

Photo by Kharl Anthony Paica via Unsplash

The People/Community

The people of Benguet are highly accommodating and well-mannered. Neighbors look out for each other and are quite friendly, too. The culture and the arts play an important role in the community’s lives as its preservation becomes a means for socialization, too. Don’t be surprised if you get invited to a kanyaw when one of your neighbors is celebrating something!

Photo by Moe Abellera

Standard/Cost of Living

The Human Development Index reveals that Benguet has an HDI of 0.0883, the highest in the region. This means that people who live here enjoy a better quality of life. Access to basic goods and services is relatively easy and you’ll find it practical to eat healthy here, too. 

Real Estate Choices

Benguet is ripe with real estate properties. New developments are ongoing to this day and you could always choose from properties that are simply waiting for new owners. If you are thinking of buying a new home, consider Benguet real estate choices. 

Photo by Liz Red via Unsplash

Tourist Attractions an everyday thing

One of the best things about living in Benguet is that you won’t be a tourist and you get to enjoy all the local attractions as a resident.  Mt. Ulap, the Strawberry Fields, and all the other special tourist attractions in Baguio and Benguet will be something you can visit every now and then. 

If you invested early in real estate within the Baguio City area. You will surely gain and benefit from today’s reward. Where it had surely earned three to five times its worth right now. So, is it still good to buy properties in Baguio as an investment? My answer is, yes and no. Yes, if you have a big budget, and no, if you are just starting.

Baguio City has a high demand for real estate investments on property lots and because of scarcity. The demand made the real estate market price un-affordable to many right now. At present, where to look for hot prospect property lots that have the potential for a good investment deal in the near future.

This is my top three places in Metro Baguio to invest in real estate property lots

Puguis La-Trinidad

Starting at the infamous Marios Restaurant up until Mt. Costa (A new tourist destination). This place has a good economic boom in education and tourism. In this place, you will find Public Schools like Long-long and Puguis Elementary Schools. You will also find here Concordia Colleges a Korean School, next is BVS Colleges and Philippines Ministry of Colleges.

Investing here would be a good deal because you can duplicate what had happened in Bakakeng Baguio. The real estate property had shot up when SLU (Saint Louis University) branch out a school at that place. There are many reasons why this place is my top choice, I am convinced that this area has good potential. Puguis area has many positive checkmarks for me to invest in this place.

Areas in Tuba

The province of Tuba is the resort retreat of many from Baguio and Benguet residences. You will find at least five to six swimming pool resorts in the province. If you want warm but not humid weather, then Tuba is for you. The economic activity of the area is still agriculture but it is progressing its tourism industry.

If BLISTTDA (Baguio-La Trinidad-Itogon-Sablan-Tuba-Tublay Development Authority) is implemented well. Tuba will be the first province that would feel the boost of economic growth because of its strategic location and the rapid developments of circumferential roads.

Tuba area has a rapid development of subdivisions which indicates a good housing boom. Property Lots here are still cheap and payment options are flexible. If you want to know where you can invest in Tuba then call IDCL Corporation’s representative right now.

Itogon mainly going to Ambuklao Road

The area of Itogon had a big development and one of those developers is Aphaland Corporation. The corporation develops mainly luxury subdivisions in the Philippines and one of that subdivision is the log cabin houses called Alphaland Baguio Mountain Lodges. This had a big impact on the real estate value surrounding the area. It had created a market and local developers are looking right now property lots near the area to be developed. Looking at the principle of real estate investor focusing on property lot only. It safe to say that property values near Alphaland Baguio Mountain Lodges are rising up in market value and it had surely made the area good for prospecting property lots.

IDCL Corporation and its developer partner will soon have a property to be developed near Alphalancd Baguio Mountain Lodges soon. This is an opportunity for many because you will surely have won, win investment in terms of property lot only. This project has a lot of potential and unlike Alphaland that caters to only Class A clients. This project can cater to the middle-income earners who want to invest early in real estate.

Conclusion

The nearby provinces surrounding Baguio has been showing good potential for real estate investment. If you made the right decision and invest diligently you will surely win the real estate game of investment. Just kindly note that real estate investing takes time and it is not an overnight success. This is for those who are seeking long term goals in making it big in real estate investing. If you want a FREE consultation, you can contact our professional property matchmakers by clicking here.

Author
Timons Cabansi
Real Estate Marketer