Why Invest in Luxury Homes Outside Metro Manila

Perks of Buying Real Estate Beyond the City of Manila

The fast urbanization of Manila help dreamers reach their goals. But this concrete jungle has become exhausting for some people despite its accessibility and opportunities. From dreaming to live in the city to wanting to escape from the hustle and bustle of the country’s capital, finding a place to breathe is important. If you’re looking to settle away from the crowd and traffic, it’s a good choice to invest in a luxury property outside the metro.

Reasons to Purchase Real Property in Suburban Areas

While it’s a dream come true to live in Manila, many people are now realizing the benefits of living outside the National Capital Region. If you want to know why, here are some of the best reasons to invest in a house and lot in nearby provinces such as Laguna, Tagaytay, and Baguio:

Lower Living Expenses

Inflation may be affecting the entire Philippines, but it is still more affordable to live in the province rather than the city. Living expenses in NCR can reach up to PHP 30,000 for single individuals, while it tends to be lower outside Manila. For work-from-home professionals, it’s even much lower since they can retain a big portion of their salary unlike those who commute to work everyday.

More Affordable Property Prices

If homeownership is challenging in Manila, you have an option to establish your life in the suburbs. You will find a lot of properties outside NCR that are cheaper, even luxury homes are more affordable than those in Manila. One example are the housing units in Bulacan and Baguio, and these properties up north are built close nature and greeneries.

Better Land Appreciation

Bulacan, Rizal, Baguio, and other fast-developing provinces are expected to offer higher property values in the coming years. You can make a lot of profits by investing in these high potential residential properties with more people seeing the benefits of living outside the city capital. It’s good to start with a vacant lot and then build a house that you can use or rent out. The plan is to get a property in these developing regions while prices are still cheaper.

More Accessibility to Areas Outside NCR

With remote work becoming more popular among professionals, Manila is no longer the only dream place for the working class. Even companies are now focusing on building businesses in other areas including Bulacan, Rizal, and Cavite. Remote workers have the freedom to stay in their home towns rather than moving to the city just to find work.
It’s obvious that growth outside Manila is flourishing and more jobs will be available beyond the city. The earlier you see the value of buying properties in provinces, the better profitability you can make in the future. Financial stability is within reach when you decide to make real estate investments while property prices are cheaper. Find affordable homes and luxury properties at REALS Corporation, your go-to platform when it comes to Filipino homeownership. Are you looking to buy a property in the Philippines? How about selling a property in the Philippines? Click the button below to see the listings of REALS Corporation:

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