Investing in Real Estate? Baguio City as Your Top Priority
The Philippines is a country not only rich in cultural heritage but is also rich in premier places for investment, especially in the real estate sector. One of which is Baguio City. Here are the top reasons why this city has been a prime consideration by many real estate investors and should be yours too.
THE INCREASING NUMBER OF INHABITANTS
Today, Baguio City has more than 320,000 inhabitants, including foreign visitors, which is tripled during special holidays and festivities. The most popular seasons with an awesome number of people abroad are every:
THE BOOMING FIELD OF ACADEME
There are many students who are looking for beautiful dormitories, boarding houses, and condominiums, with their parents who even consider securing a house and lot in Baguio City. Most of them come from other neighboring provinces and others from abroad, which encourage them to find a regular place, living in Baguio City safe and sound. It is common to see African, Arab and Korean students all over the city.
Every year, Baguio accounts for more than 140,000 students in primary, secondary and tertiary level. Their most preferred schools among the 208 plus are the University of the Philippines Baguio (UP Baguio), Saint Louis University (SLU), University of the Cordilleras (UC), University of Baguio (UB), and the Philippine Military Academy (PMA).
THE NUMEROUS THINGS TO SEE AND DO
Baguio has everything that a traveler can wish for, historic, socio-cultural and natural sites.
If you search for something historical, you can go to Kennon Road, Philippine Military Academy, The Mansion, and John Hay Air Station.
To experience the city’s dynamic and vibrant culture, you can visit Easter Weaving Room, Ifugao Woodcarvers Village, Baguio-Mountain Province Museum, and Saint Louis University Museum.
For a nature trip, take a hike going to Mount Santo Tomas and Tablay’s Asin Hot Spring.
THE GROWING NUMBER OF RETAIL CENTERS
As the shopping capital of the country, securing a commercial or residential property is perfect. You can find an office space in which you can lease to others or conduct business yourself. Another option is to buy a commercial space, and convert it into a dormitory or boarding house for tourists and workers.
The most popular places to find awesome bargains are in Baguio Market and Maharlika Livelihood Center. Great shopping malls, on the other hand, include SM City, Baguio Center Mall, and Abanao Square.
Aside from this, Baguio offers a cool environment and easy access.
In light of these facts, we say that real estate investment in Baguio City should be your number one priority.