In today’s time, many of us wish to tick having an innovative investment off our wishlist. From owning investment pieces of clothing, investing in mutual funds, acquiring properties, and participating in real estate investment trusts, Filipinos have undeniably driven down the pool of making more intelligent financial choices and have shown increased interest in investments, particularly in Real Estate.
The Unspoken Tale of Every Overseas Filipino Worker
Each year, hundreds of Filipino workmen decide to leave their families and face the unperceivable life abroad, serving a foreign country or host countries, hoping to provide a better life for their families. Moms have to leave their children as a way to work and feed them, and Dads not being able to celebrate even the merriest holidays with their family to ensure the ones they left in the Philippines have something they could feast on.
All these sacrifices to give their families the best life they could possibly have.
The Philippines is one of the top countries providing hardworking laborers, foreign workers, and migrant worker worldwide. Known for their dedication and perseverance in their craft, our overseas Filipinos are fit to be known as today’s untold heroes.
Our esteemed OFWs, including female overseas Filipino workers and Filipino women migrant workers, thrive outside a country filled with hope and determination; hence, the Philippine government prioritizes supporting, protecting, and empowering these modern-day heroes.
Through various government agencies, such as the Overseas Workers Welfare Administration (OWWA), and initiatives aimed at Filipino migrant workers, they ensure the welfare and well-being of our beloved overseas Filipino workers, who continue to shine on the global stage. They ensure that labor export policy are honored, specially for female OFWs.
Ideal Location for Real Estate Investing 2023
With the current state of the Philippine economy, you would probably think twice about investing in real estate if you were an OFW.
However, with the rise of real estate investment opportunities, projects being built here and there, and more and more people looking for rentals around the nation, real estate investing still takes its place as one of the top investment opportunities, especially for OFWs.
Real estate investments also provide a low risk and a steady cash flow once you buy your house and lot or condominium unit in the Philippines. When investing in real estate, searching for the best locations where OFWs could make properties thrive is best.
Here are some of the best real estate locations for OFWs this year.
Pampanga
Pampanga holds the title of the Culinary Center of the Philippines, making it an enticing destination for real estate investment, especially for Filipino migrant workers seeking a daily indulgence in the renowned Kapampangan cuisine.
Among the vibrant cities in Pampanga, Angeles City stands out. The City known for brightening the streets of Pampanga with their most authentic line of Korean BBQ restaurants, Angeles is Celebrated for its casinos, extreme sports offerings, and the iconic Mt. Pinatubo.
Investors in the real estate sector have been keenly drawn to Pampanga, primarily due to its favorable tax compared to the metro. Notably, the province has also attracted Business Processing Outsourcing (BPO) firms, signaling promising opportunities for real estate investors.
With an influx of BPO employees, the demand for rental properties and homes is expected to rise, presenting a potential benefit for property owners.
Holistically, Pampanga’s dynamic real estate landscape aligns with the culinary delights it offers, creating a savory blend of investment potential for those looking to savor both Kapampangan cuisine and the rewards of property ownership.
Cavite
Cavite is one of the fastest-growing provinces in the country. This first-class province is known for its history and urban development. Cavite’s quote-unquote, selling point, when it comes to the topic of real estate is that it offers the perfect blend of city convenience and suburban tranquility.
One reason why people choose to live in this charming city is due to its proximity to Metro Manila. Further, Cavite can also provide a safer and more secure environment than nearby cities in the Metro.
As an investor, you would want to invest in Cavite because of its prosperous economic endeavors. Cavite has a high source of manpower at a lower cost.
The province also has a lot of industries and finding a person who will buy or rent your real estate property will not a hassle. Along with this, cities in Cavite such as Bacoor, Imus, Dasmariñas, General Trias, Trece, and Tagaytay have shown robust growth when it comes to real estate value.
Tip: If you wish to invest in Cavite, you might want to choose a house located near attractions, such as near Tagaytay, for your property to thrive with rental income.
Las Piñas City
Las Piñas City is ideal for real estate as it bridges Metro Manila and Cavite. The city also provides a great real estate location because of one word, accessibility. Besides its neighboring cities and provinces, Las Piñas City provides a location near vacation spots and quick getaways.
Additionally, one reason why Las piñas stands out as a haven for investments is its area’s growing real estate market. You’ll see a lot of condominium units, and commercial real estate opportunities within the area, perfect for residential and commercial properties.
The city’s real estate sector is a vibrant canvas, ready to accommodate diverse investment preferences and objectives.
Batangas
One of the smartest choices an OFW can make is to invest in a property in the province of Batangas. One of the reasons why OFWs should consider investing in real estate in this province is because it is cheaper and has great access to the Metro.
Batangas also has an outstanding balance of urban and rural lifestyles, perfect for those looking to invest in suburban lifestyle.
Known for being on of the best location for quick beach trips, living in Batangas just got more convenience as robust infrastructure like STAR Tollway and SLEX make Batangas accessible to the Greater Manila and its neighboring cities.
Whether you want a retirement home or a property you can generate income on, you will never lose investing in Batangas.
Cebu City
Cebu City has always been a hotspot for real estate investments for OFWs because of its economic growth. For OFWs, this city can be their haven as it has a lot of shopping centers, tourist destinations, and historic sites.
Known for having the perfect blend of natural attractions and vibrant city life, Cebu City is the premier city in the Visayas boasting thriving industries in various business, real estate, and commerce.
Investing in real estate in Cebu is a sure win since the Queen City of the South is one of the busiest metropolitan area in the Philippines outside of Metro Manila. This means you can have your property at a higher price if you invest in this area.
Cebu also has a colorful culture, making it a great investment place for OFWs. Further, the amount of tourists visiting the city has been roaring through the years, it would not be surprising for you to achieve a successful Return of Investments in a short period of time just by renting your property within the city.
Real Estate Investing: Convenient
With technology, almost everything is possible. Considering how technology and the internet transformed various of industry it is not a surprise that real estate have been benefiting from its great convenience. Today, real estate developers make use of technology to conceptualize, advertise and market their projects.
Unlike before, acquiring real estate has significantly became easier as investors and prospective clients can get to know information form online real estate platforms, such as brand websites, online property auction sites, real estate market place, property listing and the like.
These digital transformation ensure property acquisition processes to be more accessible, efficient and transparent, repidly elevating clients’ experiences and satisfaction.
Camella
Camella, the country’s largest and most trusted real estate developer, salutes every overseas Filipino worker’s dedication and hard work. Camella understands the special place Filipinos hold when it comes to their hometowns, the “familiar,” and all things they can find comfort in; hence, we strive to build meticulously crafted enclaves that thrive and prosper every ounce of growth and aspiration through generations.
Wherever you wish to settle, however close you wish to be with the familiar, encompassing the tens and hundreds of meters, Camella aspires to ensure your family’s memories and legacies from years to come.
Want a Real Estate Investment Near Metro Manila?
Top Investment Destinations for OFWs Near Metro Manila
Which Real Estate Investment Should You Buy?
If you plan to have a real estate property, choosing a reputable developer like Camella is best. Camella has woven its name in the industry, building magnificent Mediterranean-styled house and lot communities and Pine-estate vertical villages or condo projects that provide the best amenities and way of life to families of OFWs and migrant workers working abroad.
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