From its humble beginnings as a lowly hill station established by the Americans in 1900 to the sprawling, highly urbanized city composed of sprawling condominiums, quant house and lots and other prime examples of real estate alongside a bustling collection of local and international businesses and tourist locations that it is today, the approximately 5,750 hectares of land that comprise the real estate of the “Summer Capital” of the Philippines, known to the rest of the world as Baguio City, never fails to live up to the hype.
Baguio boasts a fantastic haven for tourists seeking recreation, ranging from the ukay-ukay and musical haven that is Session Road, the famous urban landscapes of Burnham Park overlooking the scenic Mount Kabuyao, the many local and in-house businesses for those seeking bargain prices, to many other more hotspots that will attract surely tourists from all over the world.
But the city is itself strategic and vital for numerous other reasons – the town is in itself a university town, with almost half the population of Baguio being students from all over Northern Luzon or even from far-away places in the Philippines, housed and studying in one of many important education institutions found in Baguio, such as the Philippine Military Academy (PMA) or the University of the Philippine’s Baguio campus.
The city is also a convenient gateway to the rest of Northern Luzon, as well as its economic centre – featuring over 200 banks and other financial institutions. Baguio also hosts a special economic zone under the Philippine Economic Zone Authority (PEZA), allowing for an influx of businesses to thrive alongside the real estate: the high-rise condominiums, apartments, house and lots, and other living areas that have sheltered the inhabitants of Baguio for ages past.
Being an important cultural centre for Northern Luzon, a vital city for anyone seeking the best education possible, as well as a haven for industries and businesses, it should not come to a surprise that one would feel the need to seek residency in a place like Baguio. Indeed, as many students flock to Baguio for an education, the need for accessible, affordable housing that provides access to all that Baguio has to offer increases dramatically. The same holds true for middle-class families seeking house and lots to live in as they seek their fortune in the urbanized area, or enterprising young businessmen seeking condominiums and apartments to live in as they pursue their dreams with one of the many, sprawling businesses around the city. Even foreign businessmen coming into the city will need a house or condominium of their own to stay in while they conduct their business. And of course, the regular tourists, seeking a haven from the hustle and bustle of Manila, will want a condominium, or even a summer house and lot of their own with which they can unwind and enjoy the beauties of Baguio at their own leisure.
Whether it’s temporary housing or permanent real estate to call their own, there are many advantages to owning a place to call your own in Baguio.