Baguio city as the perfect investment place for a house and lot
3 Reasons why you should invest in a house and lot in Baguio City
Any day of the year, Baguio City will always be one of the best destinations for anyone, local or international tourist, who’d like to unwind and be with nature. With its various scenic destinations, the city is visited by more than a million tourists each year.
Such volume also made the city one of the hot spots for real estate business. And here are three reasons why you should invest in a house and lot in Baguio City.
From restaurants, coffee shops, parks, and recreational places, Baguio City prides itself with both natural and man-made spots that are surely breathtaking.
2. Easy transportation With its strategic location, it’s easy to go in and out of Baguio City and it even gives the locals and tourists to visit nearby places that also offer a quick yet worthwhile escapade.
3. Affordable Compared to other cities such as Manila, acquiring and maintaining a property in Baguio City is relatively cost-effective. Moreover, even the cost of living is cheaper but still of good quality.
How to find a house and lot in Baguio City
Here are the things you can do prior to acquiring a property in Baguio City.
Where can I find house and lot listings in Baguio City?
Most of house and lot listing are available online, however be careful with dealing with real estate postings online. Make sure that you are dealing with a legitimate real estate agency or company.
Further, before making any inquiries, be definite on your needs and wants for a property, identify your budget and be financially and mentally prepared on other expenses and requirements you’ll have to work on before you can acquire a property in Baguio City.
One can never go wrong in acquiring a property in Baguio City, may it be a house or condominium, as real estate properties in the city will only appreciate more over time due to the city’s rapid economic growth.
Definitely, finding yourself a good real estate in Baguio City, who knows the ins and outs of the city, should help you in securing a property that could further grow your hard-earned money.
Post-Earthquake Baguio Tourism: Things To Remember
On July 27, 2022, the Philippines was hit by an earthquake that affected the northern regions of the country heaviest. Abra reported that the earthquake reached a magnitude of 7.0, damaging buildings and requiring caution along roads.
How has this affected Baguio’s tourism, and is it safe to start visiting the City of Pines again? Keep reading to learn more so you can decide if you want to rent a condo in Baguio City for your vacation, or if you should table it for now.
Places Have Reopened, But Tourists Need To Exercise Caution.
A day after the earthquake, Baguio City was already able to reopen its doors to tourists. The local government’s city engineering office was quick to respond and inspect surroundings, particularly high buildings and popular tourist destinations.
While other areas in the Cordilleras are still working to ensure the safety of visitors from landslides or weakened structures, Baguio’s public parks have already been declared safe for visitors. Over the succeeding days, the local government has also conducted inspections of private tourist spots.
Keep An Eye Out On The Roads
However, officials have still advised motorists to be careful along the roads. Intermittent rain is always a concern around this season, but it’s a greater concern now because the earthquake may have dislodged rocks that could injure drivers.
The local government has warned visitors to keep an eye out on Kennon Road, where rain may further loosen rocks post-earthquake. Some roads have been made solely single-lane, though it’s expected that this will be cleared by mid to end of August.
The Summer Capital Is Still A Popular Place To Visit And Reside
Earthquake aside, Baguio City’s tourism continues to boom – and more people than ever have considered getting a vacation home here. Some who are weary of the bustle and heat of Metro Manila have even considered moving to a house and lot in Baguio City.
Its proximity to hospitals and schools, numerous job opportunities, and cool weather have all proven enticing to those looking for a fresh start. If you’re thinking about renting or buying a place in the City of Pines, it’s best to consult a seasoned real estate agent in Baguio – especially after the earthquake!
Check Your Desired Property’s Safety And Accessibility
Take this time as an opportunity to ask them about the structural integrity and damage sustained by the properties you’re looking at. Now more than ever, real estate developments in the area will have to make improvements or reassure potential clients that their buildings are safe.
Ask agents as well about the safety of the nearby roads after the earthquake, as this will clue you in on how accessible they will be in the event of a similar fortuitous event like a typhoon or landslide. Natural disasters can happen in different parts of the country, but arming yourself with knowledge about where you’re staying will go a long way in protecting your safety and finances!