When looking for a place to settle, everyone has his/her own list of considerations. Most are checking on low cost housing with favourable distance from his/her workplace. Others check on the convenience of the area with malls and other establishments nearby, regardless of the monthly amortization. Whatever your reasons are, your decision will be based on accessibility, affordability and security.
From islands to highlands, Davao City holds a consistent record as the most liveable city in the Philippines, and in Southeast Asia. The fine weather all year round and noted for its least number of crimes recorded are basically the topmost reasons why a flock of migrants from neighboring towns choose to settle in this peaceful and comfortable city, which adds to the growing success of the real estate industry in Davao City.
Most of the houses available in the city are in real estates with good amortization. Areas about 15 to 30 minutes away from the downtown are being developed for low cost, middle cost and high end cost housing with favourable monthly installments. These kinds of housings are being offered with good interest rates and reasonable equities for lands with land areas around 100sq.mtrs to 500sq.mtrs, depending on the lot available. These affordable house and lots are easily acquired with the aid from the government housing agency (Pag-IBIG) or local bank financing, approval of housing loans depends on the terms and capacity to pay of the buyer.
Davao City is one of the fast progressing cities in the Philippines. The growth helps to boom real estate in Davao. With this change, the rise of condominiums has started capturing practicality of space and convenience of the area. It has become the latest trend for yuppies and starting families to acquire. Not only are these condominiums strategically located within the vicinity of business areas of the city, but are also offered in a most manageable financial scheme. Among other cities in the Philippines, the condos in Davao are far cheaper than those in Manila and Cebu. Mainly because the cost of living here is lower and other commodities are affordable, like of water and electricity.
Yet for some, who wishes to own a spacious house and a big lawn with ample parking garage, high-end subdivisions are on open house for those wanting such relaxing abode. Other locations offered are astoundingly located over-looking the city. Most of these areas are available on the uphill of Davao, where units are close to nature. These housings are suitable for retirees and some are overseas workers.
Wherever you want to be in the city, whether in a comfortable low-cost housings, affordable condominiums or a spacious two-storey house over-looking the city, Davao has so much to offer with great security, comfort and luxury.
==>To view available properties in Davao City, please click: www.DavaoCityProperty.com
Davao will soon be a major business district in the Philippines apart from Metro Manila and Cebu City. This will invite developers to build more house and lot and condominiums. Excited to see the change in Davao’s skyline…
I am also excited to see progress in Davao City real estate.