Baguio City: A Premier Place for Real Estate Investment
“Baguio City is the one place in the Philippines I always dreamed of living in.”
(Lisa A. of GoBaguio!)
If you are in search for a perfect place for residence, dwelling, business, commerce, study, vacation, and more in the Philippines, look no further than the City of Baguio.
Originally established to serve as a vacation haven for the Americans during the 19th century, this highly urbanized city is now known worldwide, especially for its prime place for real estate investment. What makes it so?
Growing Number of Population
More people mean more clients.
Based on the census provided by the National Statistics Office, from 183,142 in the year 1990, it is now a home to almost 320,000 people, citizens and tourists combined. And this number triples during peak seasons, particularly during New Year, Chinese New Year, Baguio Flower Festival (Panagbenga), Holy Week, HRAB’s (Hotel Restaurant Association of Baguio) Culinary Festival, BAHAI’s (Baguio Association of Hotels and Inns) Tossed Salad Festival, Filipino-American Golf Tournament, and BEPZ Bazaar.
The most recent tourist receipts declared amounts to 4 billion pesos. About 500 million of which comes from the real estate sector, mainly rental or lease payment.
In 2011, it is the only Philippine tourist destination to receive the Traveler's Choice Destinations Awards by TripAdvisor and declared as one of the top 25 Asian destinations.
Numerous Points of Interest
People look forward to a fun-filled, interesting place.
Baguio is a city rich in historical, cultural and natural places to visit. There is always something that surprises anyone, even for the most discerning traveler.
If you want to take a trip down a historic memory lane, you might like to include the following in your itinerary:
People love to relax, stay and even live in a cool climate.
While the rest of the country struggles against hot and humid weather most of the time, with Metro Manila reaching 35 degrees, Baguio offers a cooling ground that is 8 degrees cooler than any other areas around. The best months for a cool relaxation or vacation are from November to May. This is actually one of the reasons why many want to own a house and lot in Baguio City and live there.
Varied Modes of Transport
People always seek for easy and fast transportation.
The city’s Loakan Airport caters to commuter size aircraft. So if you will be riding a helicopter or turbo-prop and piston engine plane, you can land at this airport. Nevertheless, if you want to travel by land, you have many options, including buses, private cars, taxis and jeeps.
Prestigious Academic Institutions
People like to study in highly esteemed schools.
Boarding houses, dormitories, and condominiums in Baguio City are needed by most students. Some of them have travelled so far, from other Philippine provinces and abroad, just so they can study in one of city’s prestigious schools and universities. Annually, Baguio expects about 140,000 students enrolling in one of the 209 academic institutions.
Here are the top five:
1. University of the Philippines Baguio (UP Baguio)
2. Saint Louis University (SLU)
3. University of the Cordilleras (UC)
4. University of Baguio (UB)
5. Philippine Military Academy (PMA)
Research shows that most of the students come from Luzon and foreigners come from Africa, Middle East, and South Korea.
Based on the foregoing facts, we can say that one’s real estate investment in Baguio City is definitely worth it. The return of investment is as clear as water.
So what are you waiting for? Talk to us and we can help you find the real estate property of your dreams.