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Asia property hotspot the Philippines is predicted to increase by 10%

March 6th, 2010 · No Comments · Real Estate

While the Philippines is a country is made up of over 7000 beautiful fantastic Islands. However it is the major city destinations like Manila, Quezon City, & Cebu which have an ever increasing educated work force especially in the I.T industry and because of this fact an increasing number of companies are establishing head quarter, offices and outsourcing work and projects to the Philippines.

as well as some of the attractive island destinations like Boracay for example also attract visitors of all kinds from around the world.
People who are seeking to earn money from Asia property be it commercial, residential and or the touristic property demand have now identified that the Philippines is an very attractive option.

This along side other factors stated in a recent press conference have predicted that the Philippines property market will increase by ten percent this year.
’Real Estate services firm CB Richard Ellis Philippines sees an uptake in the property market growing by at least 10 percent this year pushed by liquidity, election spending, bank lending and the enactment of the REIT (Real Estate Investment Trust) law.

In a press conference, CBRE Philippines chairman Rick M. Santos, suggested that the growth would be across the board but it would be led by office followed by residential and retail. It was also mentioned that although the growth is office led the tourism sector would also see the development of more hotels and resorts and the emergence of entertainment complexes. Source: IRMA ISIP – Property market to grow by at least 10%.

In our opinion it is the property investment opportunities aimed at the tourist market that are appealing to many foreign property investors that are not only looking to make capital gains but also enjoyment from the property they are investing in.

An example of this type of Philippines property investment is the Continent Fairways investment opportunity on the tropical Boracay island which is proving to be very popular as the investment offers a high guaranteed rental income provided by the management company of around twenty percent as well as generous personal usage, owners can use the property whenever they desire but the amount of usage they have will of course be taken from the amount of rental income they receive.

Video of Continent Fairways Investment Opportunity

An investment property like Continent Fairways is attractive as it takes out all of the cost and work involved in managing and renting the properties for the property owners. The investors benefit from a high guaranteed rental income as well as usage and the expected capital growth. For more information about Continent Fairways visit www.continent-fairways.co.uk

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