Why Buying a Beachfront Property in the Philippines is a Smart Decision
By Citi Global Team December 6, 2019
Beachfront properties are among the most desirable luxury properties to either settle down or invest in. And if you’re on the hunt for the best beaches to live in around the world, then you’d find that the Philippines hosts a great number of them. In fact, Palawan’s beach El Nido is part of the top beaches around the world. And with over 7,100 other islands scattered across the country, your options for a beach resort investment definitely aren’t too scarce.
But with the cost that comes with it and the common worries people have about living near the beach, you might be a little apprehensive about buying a beachfront property for sale. Weighing in the pros and cons, you’d be surprised to find out just how much benefits you can get out of owning beachfront properties.
If you still think you don’t quite know enough to dive right in, then take a look at these 4 smart reasons why purchasing beachfront properties are worth it.
4 Clever Reasons to Buy a Beachfront Property in the Philippines
1. Great Opportunity for Rental Investment
Beachfront properties are part of the top prime luxury locations than can earn quite a large sum of rental income with the right partner. You can lease or rent your property when you aren’t there, especially during summer. The following factors can almost guarantee that your beach resort investment will earn you tremendous profit from rental fees:
- Philippine beaches are top tourist destinations, so there will be plenty of travelers around the world coming in and out year-round looking for a place to stay.
- Many of the areas in the Philippines experience an extremely humid climate in the summer. So locals will also be looking for places to spend the night.
If you purchase a beachfront condo property, there are some realtors, such as CitiGlobal, that can save you the stress and do relatively everything for you: from maintenance, service, all the way to finding tenants.
2. Possible Business Venture
Businesses also flourish in beachfront locations. You can easily convert your property into a hangout space, swimsuit rental shop, or restaurant. This is part of the more risky end of beachfront property investment, but otherwise possible if you’re determined enough.
3. Steady Vacation Plan
Planning vacations can be stressful. You’d have to set a budget, find a place to stay, and rush the travel in order to meet the check-in time. With a beach resort investment, you will have a vacation home by the beach. It will save you money, time, and extra effort. You can enjoy your vacation free from worry.
4. Wonderful Environment
When you buy a beachfront property, a big chunk of what you’re paying for is the location, which is sometimes more than enough to convince anyone to live there. Finding a beachfront property for sale in a choice location invites you to the opportunity to be in a peaceful place with a cool breeze and the sounds of the ocean which can do a lot to alleviate stress and worry. Giving yourself a break is an investment in your wellbeing, which is just as smart of an investment as all others.
If you’re looking for a business venture, a permanent/vacation home, or a little bit of both, then dipping your toe into Philippine beachfront properties opens an ocean of opportunities for you. No matter the plans you have with your purchase, you can surely make the most of your beachfront property.
ALSO READ: 8 Reasons Why Palawan is One of the Best Places to Retire in the Philippines
Want to invest in a beachfront property yourself but are afraid that you don’t have enough to pay for upscale luxury? Don’t let financial strain keep you from acquiring your dream home. Invest in CitiGlobal Realty and Development, a trusted real estate developer with the mission to provide affordable leisure to anyone like you.
With CitiGlobal, you can own a beachfront property at Diamond Beach Residences in Palawan, a prime location for a relatively modest price. And if you have your heart set on other beachfront locations, then not to worry. CitiGlobal has the vision to showcase the beauty of the Philippines’ stunning landscapes through future project developments that provide luxury at a price anyone looking for a piece of paradise can afford. Contact us to signup for updates on our upcoming plans or avail of a condo unit in our current project in Palawan today!
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