Why real estate is a good investment in Baguio City
It is a well-established fact that Baguio City is one of the most sought-after tourist destinations in the Philippines. And with the increasing tourist demand since the ease of COVID-19 restrictions, the city also grew its popularity in the real estate sector with many investors wanting to put their hard-earned money with the hopes of high return of investments.
Why should you then invest in real estate in the summer capital of the Philippines? Here are the reasons why a house and lot in Baguio city or a condominium in Baguio City is a good investment.
Escaping the hectic lifestyle of the city, Baguio offers its visitors and investors with strategic location, weather, and rich history and culture that you wouldn’t find anywhere else in the Philippines. There aren’t many cold places in the country, making the city a sweet spot for investors.
Further, since there are numerous small and medium enterprises that sell their properties due to the unprecedented effects of the pandemic, one can definitely acquire a property at an economical price.
Further, through the Benguet Electric Cooperative (BENECO), all barangays in the city has stable energy source so you won’t have to worry that you’ll experience shortage in electricity or blackout which can definitely disappoint a future customers if you were to build a house or condominium in the area.
It’s ideal that before you proceed into looking to prospect properties in the city, you’ll consider to consult a real estate agent in Baguio City. Not only it will save you time and effort, but these professionals have vast knowledge on the properties and can definitely offer you list of properties that will suit your needs and budget.