CAVITE LOT FOR SALE

TRECE MARTIRES, CAVITE
LOT AREA: 80,994 sq meters

FEATURES:

Has a service road to National Highway.

5 to 7 minute drive to trece Martires City Hall

15-20 minute drive to Robinson and SM Palapala

Development of subdivision in the area

Fruit-bearing trees and root crops
- banana
- mango
- tamarind
- jackfruit
- santol
- kasoy
- coconut
- guyabano
- papaya
- guava
- water melon
- ginger
- camote

Philippines' property sector is red-hot

There is a booming demand for office space and condominiums in the Philippines. This is a result of the rise in outsourcing to the Philippines as well as purchases made by Filipinos from abroad.  This upsurge is expected to continue as wealth is expected to spill over the outlying provinces around the capital.


'The property market is now very much visible compared to several years ago," said a country head of a real estate services group.

The expansion of international companies outsourcing of business functions such as call centres and back-office work to the Philippines has been unprecedented breathtaking, topped only by India.

This has created huge demand for large office space in prime areas of Metro Manila, Metro Cebu, Davao, and Subic Port Area  over the past years. Developers are still scrambling to meet this need.

Infact,  The second city of Cebu is now fast establishing itself as an outsourcing and information technology center, as well as smaller cities like Iloilo and the pleasant university town of Dumaguete, all in the central Philippines.

You Should Buy Philippine Property

According to an evaluation by a European property consultancy firm.

“Over the coming decade the housing market in the Philippines will likely go stronger and anyone who invests now could net up to 400-percent profit on their investment in the next 10 years.”

During the 1990s before the Asian currency crisis of ’97, the property sector was one of the bright spots of the Philippine economy. Back then reservations in Makati condominiums were hot and were traded like stocks. Those people involved in buying and selling of simple rights to purchase a condominium were doubling their money.  And mind you, we are just talking about the Makati area here.

Right now, we have the Ortigas, and Eastwood areas. And the real estate developments in Fort Bonifacio and Alabang are in full swing. 

And there are developments going on in Laguna, Cavite, and Rizal provinces. The Philippines real property market truly have not yet reached its peak.


In other words, you can buy a local condo for almost half, adjusted for inflation, of the price quoted in 1997.

That is why  many foreign investors and balikbayan are investing into local properties.

The good news is this business is now accessible to locals because of the various banks providing loans.  One of the programs you can check is the Banco de Oro Home Loan.