The Philippines is an archipelago with over 7000 islands. Each island brings a unique feature that’s either a tourist vibe or your perfect home. Sometimes it’s both. But for those who are business savvy and are looking for the best places to live, the country has so much to offer as well. The exotic beauty and growing economy of the Philippines are worth investing in whether or not you’re in the field of business. Here are the best cities to start investing in.
For investments, you need a premiere destination that’s accessible, profitable, and lively. Investing in an area with low economic traffic is a risk. Finding an established central business district is much better to create new bridges and forge new bonds with entrepreneurs. Makati City is an upscale, urban city filled to the brim with high-end shopping malls, fine dining experiences, five-star hotels, and top of the line offices. Lots of job opportunities are laid out in this small city that’s considered the economic, commercial, and financial center of the Philippines. You can easily find condominiums, rentals, and offices for lease and sale within the area. Although you’ll expect a hefty price, the convenience of Makati City as an all in one central business district makes up for the price tag.
The cost of living in Makati city is certainly higher than in other cities in the Philippines but it’s considerably affordable compared to other places globally. The city of Makati is designed for east pedestrian navigation. You can easily reach one establishment to another by walking around. There’s also a ton of buses and jeeps to make commuting easy if you need to get somewhere quick. The city is a perfect balance of high-end and business, it’s not easy to find a city close to its sheer uniqueness.
Bonifacio Global City
BGC is more than a lifestyle hub, it’s also a financial hub for many investors. BGC’s rapid commercial growth has opened tons of business, shopping, and dining opportunities for many locals and foreigners alike. There are tons of properties within the area that are built next to both commercial and business establishments. You can easily experience the work-life balance you desire. Like Makati City, BGC is easy to navigate as everything is nearby. You can walk around safely, even when it’s a bit late.
There are tons of places to shop till you drop such as the Fort Strip, Market Market, and SM Aura. One of the top healthcare establishments in Manila is also just a few steps away. It’s home to schools like British School Manila, Korean International School, and more.
Sometimes, city life isn’t for everyone. The countryside offers a different feeling of tranquility compared to a busy city. Tagaytay City is a blend of accessibility and laidback. It’s a very popular destination for people who live in Manila and is the second summer capital of the Philippines. It offers a sense of urban and rural with an emphasis on agriculture and urbanization. There are tons of condominium properties and residential lots in Tagaytay which makes the city an optimal investment for business and residential purposes.
Tagaytay lets you see a sublime view of Taal Lake while being surrounded by nature and cityscapes. Its popularity for quick getaways can be appealing for businessmen and entrepreneurs who are looking for prime locations. There are tons of major landmarks and numerous restaurants, you can easily forget that you’re in a rural area.
Cebu is one of the most popular seaports in the Philippines. The dry and sunny climate of Cebu makes it an appealing destination and investment. There are tons of modern and rural blends that host several world-class leisure, dining, and entertainment establishments. It’s also a destination ripe for business opportunities and careers. It’s home to some universities like the University of Cebu, Cebu Technological University, and Cebu Normal University.
Cebu is a great hub to invest in as the seaport makes it easy to travel around nearby islands and beaches. It offers a host of natural and cultural attractions as well. Cebuanos are also very hospitable which makes it an optimum destination and one of the most established economic centers in the country.
The best places to live in the Philippines are places that have rapid economic growth and development. The cities listed above are the perfect place to get started. You may be a businessman or resident that’s looking for something new or something familiar. Each destination offers a little bit of both while successfully blending the best of rural, urban, and rapid modernization. These destinations are complete with leisure, commercial, business, educational, and health establishments. These also offer a lower cost of living compared to other global destinations. Check these locations out to make a sound investment today.