The Endless Possibilities When Investing in Baguio’s Real Estate
We say it’s endless because your real estate investment in Baguio City, whether a condominium, a dormitory business, a commercial space, an office, a house and lot or even a clinic, all of these will last a lifetime and even beyond. So you get to enjoy stable and good revenue that goes on from generation to generation. Your profit is more than what it takes to get back what you have invested. The opportunities for your real estate are limitless in this prime real estate investment city in the Philippines. Your real properties will always be in demand. Here are factual evidences to prove our claim.
So what are waiting for? Start to look for the best real estate to invest in Baguio City now.
Students Can Already Be Real Estate Investors in Baguio City
When you are a student, it is very important that you have a very nice place to stay. It is nice in the sense that you can have a safe and sound sleep every night and it has all the facilities you need for a comfortable living, seemingly a home away from home. And, all these and more could not be found in boarding houses or dormitories compared to condominiums. Here’s what a condominium unit can guarantee for all the students out there in Baguio City.
You have absolute privacy.
Unlike boarding houses or dormitories, you are not sharing a room with someone. So you have all the freedom to do anything you want, from staying late at night to inviting friends over for a group study or sleepover party.
You have a 24 hour security.
The fact is that most boarding houses and dormitories do not have 24 hour security system, including surveillance cameras and of course, the presence of security guards at the entrance of the building. Well, condos provide this and they have in fact modern security system in place. So, you feel completely safe.
You have your own comfort room and bathroom.
Have you experienced falling in line along with others just to be able to use the bathroom? This can be very frustrating, especially during rush hours. So at times, you will be late or you end up going to school without having a bathe.
You have your own kitchen.
There are times when you want to cook something, like a meal that you have been missing to eat because you were just consuming these commercial foods in the school canteen all this time. This longing and gastronomic craving can be satisfied by having your own kitchen, which a condominium can provide.
You have your own mini-sofa.
Have you ever wished that you could have your own sofa where you and your friends can hang out until the night ends? A condominium unit can provide you this comfort and luxury. You can do whatever you want in your mini-sofa, without those boring board mates or dorm mates.
You can go down fast.
Are you sick and tired of using the stairs just to go up and down? What if you forgot something? So that means you have to go up again and sweat it out. That is definitely a hassle if you are a student. With condos, there’s an elevator that you can use all the time, fast and easy.
You are safe from fires.
Living in boarding houses where you have many neighbors can be very dangerous. During fires, where you live can easily be caught in the mishap and all your things will be gone into ashes. In condos, fires are a rare case. And if it happens, it can easily be remedied through the water sprinkler system in the building and all other safety and security measures.
You can own it.
The North Cambridge condominiums in Baguio City by Goshen Lands, for instance, allow a student to own a condo unit for only 10,000 to 15,000 a month in less than two years. And, you can definitely use this unit when you decide to work in Baguio or you can lease the unit during summer breaks for an extra income. Isn’t that great?
You can make it a family rest house.
Baguio city is the perfect place to go during the hot summer months. So your family can use the place as your vacation house aside from your own house and lot in Baguio City.
So, when are you going to get your own condo unit? Soon, you will be making one of the best decisions you can make in your life, pushing for a real estate investment in Baguio City.
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.
Top 10 Reasons to Invest in Baguio City’s Real Estate
The Philippines has a healthy, vibrant, and booming real estate sector in which Baguio City is a premier choice. Out of the many great places in the country for residence, commerce, industry and more, here’s why this city has always been a top real estate investment hub.
1. Rich, Colorful History
It was due to American settlement in 1900 that gave way for the city to gain much attention from the local and international communities. Back then, Baguio became an official relaxing haven for the American soldiers and a few civil workers, away from the heat and humid weather in the lowlands, particularly in Manila (the Philippines capital city until now). The cool, comfortable life that the place offers paved way for building and infrastructure developments. Becoming a home to many, a charter was enacted to establish an administrative or local government unit, Baguio. So touring around the city, it is not unusual to see historical landmarks, all of which became part of what Baguio is today.
2. Easy, Smooth Access
A proximate distance to the capital city, it is connected to three main roads by private or public transportation: the Quirino Highway (formerly the Manila-del Monte Garay or Ipo Road), the Marcos Highway (otherwise Marikina-Infanta Highway), and the Kennon Road. When it comes to air travel, Baguio can be accessed through the Loakan Airport in the province of Benguet, serviced daily by Philippine Airlines and Asian Spirit.
3. Adequate Communication Facilities
Electronic, print, broadcast, postal, mobile phone, or telephone, name it and Baguio have them all, both from public and private providers.
4. Stable Electricity Source
The Benguet Electric Cooperative (BENECO) has successfully energized all the barangays. So, anywhere you are, there is always a way to have a stable, consistent energy source.
5. Cool, Soothing Climate
This is actually what separates this city from the rest of the Philippines’ local government units. While the lowlands and other regions suffer from hot and humid weather all year round, Baguio is the opposite. It is the Filipinos winter-like capital, otherwise referred to as the Summer Capital. This is primarily due to its cool climate the whole year. It is even rare for the temperature to go high. The noted warmest climate is 26 degrees centrigade. The people are given the chance to experience a life of cool, winter-like season through Baguio. They get to wear winter clothing like jackets and sweaters most of the day, even afternoons (which is usually the hottest time of the day in the Philippines).
6. Increasing Population and Tourists
The most recent statistics (May 2010), reveals that it has over 300,000 people both local and foreign. And, to note, the number of tourists is tripled during peak seasons, during festivals (Panagbenga Festival) and holidays (Holy Week) in Baguio.
7. Numerous Tourist Spots
A few of the tourist attractions are: Burnham Park, Baguio Cathedral, Session Road, Camp John Hay, The Mansion, Wright Park, Mines View Park, Baguio Botanical Garden, Philippine Military Academy, Kennon Road, Mount Santo Tomas, Lourdes Grotto, Bell Church, Tam-awan Village, Asin Hot Springs, Wood Carver’s Village, Easter Weaving Room, Maryknoll Ecological Sanctuary, Balatoc Mines and Crosby Park, Strawberry Farm, Igorot Garden, and more.
8. Major Retail Center in the Region
Baguio is actually referred to as the shopping capital of the Philippines because of diverse, quality, and reasonably priced commercial products. The highly noted bargaining places include Maharlika Livelihood Center and Baguio Market. Also, the city has a lot of shopping malls, such as Baguio Center Mall, Abanao Square, and SM City Baguio.
9. Numerous Premier Universities and Schools
It is worthy to note that almost fifty percent of Baguio’s population are students, coming from nearby cities and provinces, and even abroad (most are Koreans). The prestigious academic institutions are: University of Cordilleras, Informatics Computer Institute Baguio, Saint Louis University, Baguio College of Technology – BETI, Easter College, National University – CEDCE, University of Baguio, Pines City Colleges, University of Philippines Baguio, and Philippine Military Academy.
10. Presence of Homegrown Real Estate Developers
Nothing beats a company who knows the place well more than anyone does. Goshen Land Capital Incorporated is the best example for this. Established and based in Baguio City, and endorsed by Mikee-Cojuangco Jaworski, it is a leader in developing innovative low to mid-rise real properties for residential and commercial purposes, which are offered at very affordable rates and flexible payment terms. Students can even have their own condominiums in Baguio City, shared by 4 and titled in just a year and so. Even more, couples who want to reside or have a vacation property can take advantage of a wide range of budget fit house and lot in Baguio City.
So, what do you say? It is definitely wise to invest in Baguio City. Talk to us now and we can give your free assistance to reach that success you’ve been aiming for in the real estate sector.
Check out more related articles here:
· Why Invest in Baguio’s Real Estate · Opportunity that Baguio City Has to Offer · A Safe Place to Stay in Baguio City