Top Places to Buy A House in the Philippines

Where to Buy A House in the Philippines

One of the top things to consider when buying a house in the Philippines is the property's location. Whether purchasing your dream home or planning to make money out of residential real estate, choosing the right location is a critical decision. It will determine the property's value, safety, and accessibility. The location contributes to the property's potential appreciation and profitability, which you should consider whenever investing.
 
If you're planning to purchase your first-ever home or relocate, read on as we've rounded up the top places to buy a house in the Philippines.

Top 8 Places to Buy a House in the Philippines

1. Baguio

Nestled in the Benguet province, Baguio is one of the top tourist spots in the Philippines – famed for its cool climate and verdant surroundings. The “Summer Capital of the Philippines” is a great place to buy real estate since the city has a booming tourism, hospitality, and agriculture industry. It is also known for its safe neighborhoods and outstanding schools, making it a suitable place to live.

2. Cavite

Buying a house in Cavite will make a good investment, considering its proximity to Metro Manila. Many homeowners and investors buy real estate in Cavite as it perfectly blends rural charm and urban development. Its prime location offers seamless connection, accessibility, and a strong economy. Hence, investing in Cavite gives access to various opportunities and promising investment returns.

3. Cebu

Dubbed the "Queen City of the South," Cebu is undeniably one of the top places to buy a house in the Philippines — thanks to its rich culture and stunning white beaches. Cebu is also a great place to invest in real estate because of its thriving tourism, emerging business hub, impressive infrastructure advancement, and stable rental income.

4. Davao

If you're considering relocating somewhere in Mindanao, we recommend investing in Davao's real estate scene. Despite being miles from Metro Manila, Davao is one of the best places to live in the Philippines. It acts as Mindanao's primary commerce, industry, and trade center. Besides its natural wonders and agriculture, Davao is considered a safe place to live.

5. Iloilo

Iloilo is another prime location to consider when investing in Philippine real estate. Located on Panay Island, this city is famous for its Spanish colonial churches and classical houses. It has an increasing urban population and rapidly developing businesses, from tourism, agriculture, and the BPO sector. Investors can also enjoy competitive rental and favorable returns.

6. Makati City

​As the country's economic hub, buying a property in Makati City is a wise investment. Considered the "Financial Capital of the Philippines," Makati is home to about 40% of local and multinational corporations' headquarters, as well as foreign embassies and consulates. Aside from its sturdy economy, Makati features excellent infrastructure, which attracts local and foreign investors.

7. Quezon City

Quezon City is the perfect place to invest for those in the media, entertainment, and information technology industry. This city will also make a great place to live since it is home to some of the most prestigious schools in the country and leading healthcare facilities. Thus, investing in Quezon City guarantees annual land appreciation and lucrative rental income. 

8. Metro Manila

Despite being densely populated, the capital of the Philippines is undeniably one of the best places to buy real estate. Metro Manila is known for its continuous development, robust economy, extensive infrastructure, and diverse business options. Therefore, owning a house or even a piece of land in Metro Manila is sure to bring profit.