3 Palawan Real Estate Opportunities that Make Great Investments
3 Palawan Real Estate Opportunities that Make Great Investments
October 28, 2020
Palawan is one of the places in the Philippines that has caught worldwide attention. For one, it is home to the Puerto-Princesa Subterranean River National Park which is declared as a UNESCO World Heritage site. It is also blessed with natural beauty in the form of limestone cliffs, rich marine-life, and beautiful beaches. In fact, it has recently reclaimed its spot as the “World’s Best Island”.
Those are the things that contributed to the rise of tourism in Palawan. However, those are not the only reasons why the Philippines’ last frontier is worthy of your attention. There are also several Palawan real estate opportunities that could be your next best investments!
Great Palawan Real Estate Opportunities to Explore
Commercial Real Estate
Clearly, one of the major industries in Palawan is tourism. And as it continues to increase over time. especially with the discovery of new tourist spots like San Vicente, more people will be driven to the island. However, that doesn’t just refer to tourists, there are also the business-minded people who’d want to take advantage of the increasing number of people who come to Palawan.
Growth in tourism would also mean a continuous demand for commercial real estate in Palawan. If you want to invest, you can look for properties in areas with high foot traffic. There are lots of locations in the province that can be transformed into an establishment that caters to the needs of tourists including bars and restaurants, gear rentals, souvenir shops, and many more!
Agricultural Lands
It is safe to say that Palawan’s land has characteristics that can propel agricultural success. It is blessed with rich soil and its climate is suitable for growing crops. In fact, Palawan is a net importer of tropical fruits and vegetables.
Southern Palawan, in particular, is regarded as a geographically suitable location for agriculture. It has vast land areas that are perfect for tropical products like cacao, banana, coconut, rubber, and other fruits.
Owning an agricultural land in Palawan comes with opportunities for highly scalable investments--from growing rice and vegetables to forestry and even poultry! If you have been dreaming of owning a farm and you already have the money to invest, it is the best time to look into Palawan real estate.
Beachfront Properties
Palawan continues to attract tourists because of its beautiful beachscapes. Whether you’re in Puerto Princesa, Coron, El Nido, or even less popular Palawan cities, you will not fail to find the best beaches,
People with beachfront properties in Palawan can enjoy the profit of a great investment. Those who have acquired these properties didn't just find a vacation home or a permanent place of residence. They can also transform them into rental spaces for tourists in search of beachfront accommodation.
Some of the most famous beach fronts in Palawan include:
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Sabang beach in Puerto Princesa
Long beach in San Vicente
Duli beach in El Nido
Entalula island in El Nido
Banol Beach in Coron
Owning a beachfront property in Palawan is definitely a smart decision. Not only does it secure your money, but it can also be a potential source of continuous income.
ALSO READ: Top 3 Reasons Why Now is the Best Time to Invest in Palawan Real Estate
If you are in search of great investment opportunities, Palawan real estate is one of the top options that you should consider. Owning a property in the province gives you the privilege to find a home in the world’s most beautiful island. Moreover, it also opens opportunities for your investment to grow.
Citi Global Realty & Development Inc. offers a leisure property in Palawan. Diamond Beach Residences features a world-class beachfront development in a prime location. This project opens opportunities for affordable investment which can also be a source of passive income in the future.
We.can guide you through your search for the best Palawan real estate that suits your current needs as well as future opportunities.
Let us help you find income-generating properties in Palawan.
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Source: https://citiglobal.com.ph/blog/palawan-real-estate-opportunities-great-investments/
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Thank you Boss