Cebu is a province of the Philippines located in the Central Visayas (Region VII) region, and consists of a main island and 167 surrounding islands and islets. Its capital is Cebu City, nicknamed “the Queen City of the South”, the oldest city and first capital of the Philippines, which is politically independent from the provincial government.
The Cebu Metropolitan Area or Metro Cebu is the second largest metropolitan area in the Philippines (after Metro Manila) with Cebu City as the main center of commerce, trade, education and industry in the Visayas.
Being one of the most developed provinces in the Philippines, in a decade it has transformed into a global hub for business processing services, tourism, shipping, furniture-making, and heavy industry. Mactan–Cebu International Airport, located on Mactan Island, is the second busiest airport in the Philippines.
Good reasons to invest in Cebu real estate:
- It is a developed province
- It is a booming business hub
- There is an abundance of tourist destinations
Despite the pandemic-induced disruptions that have temporarily affected the Philippine economy, the investment outlook for the real estate sector is expected to continuously recover and soar this 2021. Over the years, the Philippine real estate market has never been more vibrant because of strong investment inflows. As an investor, you can reap the biggest property values, especially when you choose the most strategic places to invest in.
