Cebu is one of the most visited places in the Philippines and Asia. Every year, the island welcomes hundreds of thousands of tourists. In fact, people come here for more than just a visit. Over the years, a number of foreigners have chosen to settle in Cebu.
This small island sitting in the center of the country indeed has a lot of things to offer for tourists and even locals. In 2014, Cebu topped the list of Top 10 places to live in Asia.
And so the question:
Why live in Cebu?
Below, we share some of the best reasons why you should.
Condominiums have become a popular choice in the housing market as various locations have openly embraced urbanization. Cebu City, for example, is one place where numerous condominium projects are rising at present.
Indeed, Cebu condominiums make a great option for individuals desiring a home in the metro. However, there are a number of misconceptions about condo living that make people skeptical about buying a unit.
In this post, we share and dispel some of the biggest misconceptions about condominiums.
#1. Owning a condo is just like owning a house.
While you are technically the owner of your condo unit, it’s not exactly the same as owning a house. Condominiums involve shared ownership. You’ll be living in a community with other unit owners so rules have to be followed. As an owner, you have all the right to do anything with your unit. However, there may be some restrictions when it comes to shared or common areas like balconies, hallways, and windows –making changes to electrical wiring or plumbing may not be allowed.
Cebu is one of the top tourist destinations in Asia. Apart from being a fast-rising business hub, the island city has everything anybody could ask for. In Mactan alone, a number of developments are in the works, paving the way for more opportunities. Clearly, Cebu is a great location for investments.
When planning to invest in Cebu condominiums, you need to make a few considerations in order to reach a sound decision.
To help you weigh your options, here are some questions you can ponder on.
- Why do you plan to invest?
Everyone has their own reasons for investing in property. Some may be saving up for their retirement or any particular purpose and some people simply want to have additional income. Determining your investment objectives beforehand can help you make better choices, especially when facing a number of options.
Rental properties like apartment and condominiums are developed to give returns. Continuous income is one the reasons why rental properties are the most popular investment options.
If you’re looking for a good investment, income properties could be the right option for you. Below are the top benefits that might make you consider investing in rental property.
Airport Redevelopment signals Boom times for Cebu Property and Cebu Condo Property for sale or rent
Cebu Condo property for sale is delighted at the positive effect the new Mactan-Cebu International Airport redevelopment is having on Cebu property prices.
Megawide the experienced International construction firm has began work on the Php 17.52 billion (US$ 395 million) upgrade of Mactan-Cebu International Airport. The project development is set to transfer our existing humble airport into the world’s first ‘resort style airport’.