#Cebu Real Estate Investment
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1BR VERTEX COAST CONDO NEAR SEAGROVE MACTAN CEBU
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Vertex Coast ONE BEDROOM 61sqm. Unit in Punta Engano
EQUITY PAYABLE FOR 60 MONTHS AT 20K
LOCATION : Brgy, Punta Engano Rd, Lapu-Lapu City
About Vertex Coast
Situated along Cebu’s most premier beach resorts and prime island real estate, Vertex Coast is your gateway to the growing potential and importance of Mactan. It offers the chance for great returns on an investment that is in a desirable area of a fast-developing island.
With selections of studio, 1- bedroom, and 2-bedroom units, Vertex Coast makes an ideal property investment – be it as a convenient home, retirement condo, or source of rental income. This mid-range condominium development combines residential and small office/home office (SOHO) – making it a truly rare find.
TOWER ONE 902 - 61SQM ONE BEDROOM
- TOTAL CONTRACT PRICE -
Php 12,428,951.00
- RESERVATION FEE - Php 25,000.00
- 10% Downpayment - Php 1,242,895
PAYABLE FOR 60 months Equity -
Php 20,298.25
- 90% Balance - Php 11,186,055.90
For your Real Estate Solution.
Contact us for Viewing and Assitance.
We are here to help you.
MARK AND JANE SACEDON
JAKK Real Estate Brokerage
Laray, Consolacion Branch
Sales and Marketing Manager
Under PRC Liscence No. 0014110
09239602150 Sun Mobile
09914438441 Dito Mobile
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Buying Property for International Real Estate Philippines
The Philippines, with its breathtaking beaches, tropical climate, and rapidly growing urban centers, is increasingly becoming a hotspot for international real estate investment. Whether you’re seeking a modern condominium in bustling Manila, a luxurious beachfront villa in Boracay, or a tranquil countryside retreat, the Philippine real estate market has something for everyone. Its diverse property offerings, combined with affordable pricing and a vibrant economy, make it an attractive destination for global buyers.
The Philippines has long been recognized for its natural beauty, but its appeal goes beyond scenic landscapes. The country’s real estate market is booming, fueled by a strong economy, increasing tourism, and a growing expatriate community. Foreigners are drawn to the best international real estate Philippines for a variety of reasons, including its low cost of living, warm hospitality, and ease of communication, with English being one of the official languages.
Key cities such as Metro Manila, Cebu, and Davao are experiencing rapid urban development, offering a mix of residential, commercial, and industrial real estate opportunities. For those seeking a vacation home or retirement property, popular tourist destinations like Palawan, Boracay, and Siargao offer idyllic settings surrounded by nature. The Philippine government has also implemented favorable property ownership laws for foreigners, particularly with condominiums, making it easier for non-residents to invest in the country’s thriving real estate market.
Ulist Properties: Your Gateway to International Real Estate
For international buyers interested in the Philippine real estate market, Ulist Properties is the ideal platform. Their global real estate marketplace that connects buyers and sellers from around the world, with listings in 57 countries, including the Philippines. The platform is designed to make property transactions straightforward and transparent, ensuring a smooth buying process for both local and international investors.
It stands out for its commitment to a commission-free business model. Unlike traditional real estate platforms, they allow buyers and sellers to interact directly, eliminating the need for middlemen and hidden fees. This direct approach not only saves money but also fosters greater trust and clarity between both parties.
The Philippine Properties You Can Explore on
Ulist Properties offers a wide range of property listings across the Philippines, catering to different tastes, budgets, and investment goals. Whether you're looking for a high-rise condominium in Metro Manila, a beachfront villa in Palawan, or a residential lot in Cebu, they have you covered.
Here are some of the key property types you can find
Beachfront Villas: The Philippines is famous for its pristine beaches, and they offer stunning beachfront properties in areas like Boracay, Palawan, and Siargao. These properties are perfect for those looking to invest in vacation homes or rental properties in popular tourist destinations.
Urban Condominiums: Metro Manila, Cebu, and Davao offer a vibrant urban lifestyle with a mix of commercial, residential, and recreational spaces. Their features a variety of condominiums in these cities, offering a modern and convenient living experience.
Countryside Retreats: For those looking for a peaceful escape, Their showcases properties in more remote and serene areas of the Philippines. These countryside homes offer privacy and relaxation amidst lush greenery and tranquil environments.
Why Invest in Philippine Real Estate?
There are numerous advantages to investing in real estate in the Philippines, making it an appealing option for both long-term investors and individuals looking for personal use properties.
Rising Property Values: The Philippines has seen consistent growth in property values over the past decade. Cities like Manila and Cebu have experienced a surge in demand for residential and commercial spaces, driven by urbanization and economic development. Investing now offers the potential for significant returns over time.
Affordable Pricing: Compared to other countries in Southeast Asia, the Philippines offers competitive property prices. This affordability, combined with the country’s economic potential, makes it a prime location for foreign investors seeking good value.
Favorable Property Laws: The Philippine government has made it easier for foreigners to own property, particularly with condominiums. While foreign ownership of land is restricted, foreigners can own 100% of a condominium unit, making it a convenient option for those interested in Philippine real estate.
Ulist Properties simplifies the process of finding and purchasing the best international real estate Philippines. The platform provides comprehensive property listings with detailed descriptions, high-quality images, and direct contact options. This ensures that you can make informed decisions and connect directly with property sellers without the need for costly intermediaries.
Whether you are an investor seeking opportunities in emerging markets or looking for a dream home in paradise, Ulist Properties is your trusted partner. With its global reach, user-friendly interface, and commission-free model, they helps you explore real estate options with ease and confidence. Start your journey into the Philippine real estate market today with us!
For More Information
Contact us : 14038896635
Email Id : [email protected]
Visit Us : www.ulistproperties.com
#International Real Estate Philippines#International Real Estate#Real Estate Philippines#Philippines
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𝗖𝗜𝗧𝗬 𝗖𝗟𝗢𝗨 IS YOUR HOME AND WISE INVESTMENT!
Welcome to Cebu City's first-ever Community Business District!
City Clou is a mixed-use development integrating residential, office, retail, and leisure in one vibrant community. Developed by award-winning real estate developer, Golden Topper, City Clou reimagines city living.
The exact location is at Dionisio Jakosalem, Street, Cebu City (Across from Sacred Heart Parish Church).
City Clou’s prime location allows premier access to the Cebu Business Park, top-notch medical facilities, educational institutions, shopping malls, nightlife hotspots, and other essential establishments.
For quotation, inquiry, site viewing/showroom tour, kindly message me:
PROPERTY CONSULTANT
For more information inbox me:
#realestate #investment #realestateinvestment #propertyforsale
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PREMIUM RESIDENTIAL LOT CEBU CITY PRIVEYA HILLS
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Cebu Landmasters 2023 net income up 29%, offers preferred shares, and announces first ever international partnership
CLI announces another year of strong financial performance, with 29% increase in Consolidated Net Income.
CLI starts public offer for its preferred shares.
CLI signs a joint venture agreement with global Japan-based real estate firm NTT UD Asia Pte. Ltd. (NTTUDA), to form CLI NUD Ventures, Inc. and to develop a PHP 6.4B two-tower, Japanese-inspired residential development in the heart of Cebu IT Park.
Leading developer in Visayas and Mindanao Cebu Landmasters Inc. (CLI) posted a 29% increase in consolidated net income year-on-year, to PHP 4.64 billion. CLI also recorded significant growth in net income to its shareholders, up by 13% to PHP 3.58 billion from last year’s PHP 3.17 billion. The growth is attributed to a solid 20% increase in consolidated revenue, reaching PHP 18.8 billion across all revenue streams mainly from real estate sales revenues, and also includes hotel operations, and leasing.
This is on the back of strong demand for the listed company’s residential properties and its diverse and dynamic business portfolio.
Revenue from real estate sales maintained an upward trajectory, rising 20% to PHP 18.5 billion, driven by consistent collections and steady construction progress. Record-breaking reservations of PHP 20.6 billion was also achieved, marking a 14% increase from 2022’s PHP 18 billion. This adds to our pipeline of future revenues.
The listed company launched 10 new projects in 2023, with a collective value of PHP 18.7 billion and offering 4,249 units. These projects achieved an impressive 63% sell-out rate with less than a year in the market. Completed projects are already 97% sold-out, resulting in the blended total portfolio sell-out rate of 93%.
CLI's recurring income projects, particularly hotel operations and leasing, also saw impressive growth rates. The company’s hotel operations grew 66% to PHP 139 million and leasing went up by 42% to PHP 112 million.
Cebu Landmasters recently opened 3 hotels including lyf Cebu City with 159 rooms, bringing its total number of operational rooms to 338, including 180 rooms of Citadines Cebu City. Both lyf and Citadines are in CLI’s mixed use property Base Line Center (photo above). The listed company now boasts nearly 800 room keys, with 7 more hotel projects underway poised to drive future hotel revenue growth.
CLI has expanded its hospitality portfolio from a single hotel Citadines Cebu City to now 3 including the recently opened lyf Cebu City in Base Line Center, and The Pad Co-Living in Banilad High Street in Cebu. With an initial offering of 180 rooms, CLI now boasts nearly 800 room keys, with 7 more hotel projects underway poised to drive future hotel revenue growth.
Additionally, the Gross Leasable Area (GLA) grew to 35,772 sqm from 28,411 sqm driven by newly completed projects like Banilad High Street, Base Line Center Phase 2, and Retail Pods in Davao Global Township.
Capital expenditures totalled PHP 12.9 billion during the year, with 82% allocated to project development and 6% directed towards land acquisition and the remaining 12% for investment property.
With the company’s consistent double-digit growth and exceptional performance, the CLI Board of Directors approved on March 18 the declaration of a regular dividend of PHP 0.15 centavos per share, along with a special dividend of PHP 0.03 centavos per share. These dividends will be distributed to shareholders on record as of April 17, with payments scheduled on May 3, 2024. The board’s decision reflects CLI’s commitment in growing shareholder value since the IPO.
Cebu Landmasters recently opened 3 hotels including The Pad Co-Living in Banilad High Street (photo above) with 258 rooms, bringing its total number of operational rooms to 338, including 180 rooms of Citadines Cebu City. CLI now boasts nearly 800 room keys, with 7 more hotel projects underway poised to drive future hotel revenue growth.
CLI Starts Public Offer Period for Preferred Shares
CLI had a significant milestone with the start of public offering of its preferred shares totaling PHP 3 billion, with an additional PHP 2 billion oversubscription. The offer period is from March 19 to April 2. Investors of the preferred shares can look forward to attractive dividend yields, with 4-year Series A-1 at 7.585% and the 7-year Series A-2 at 8.25%. The said shares are scheduled to be listed on PSE’s main board on April 12, 2024.
The proceeds from the offering will provide CLI with a substantial capital infusion, facilitating strategic initiatives, and expansion projects, and bolstering its balance sheet for future growth.
CLI signs joint venture agreement with Japan real estate firm NTT UD Asia
CLI also announced its first international partnership, forming a joint venture with Japan-based global real estate firm NTT UD Asia Pte. Ltd. (NTTUDA), a subsidiary of NTT Urban Development Corporation (NTTUD), to establish CLI NUD Ventures, Inc.
The initial project is a PHP6.4 billion, two-tower, Japanese-inspired residential complex in Cebu IT Park, with Tower 1 set to launch by Q4 2024. This collaboration with CLI marks NTTUD's first venture in the Philippines, expanding its global portfolio with mixed-use, office, and residential projects.
CLI Chairman and CEO Jose Soberano III said, “We are bullish that the strategic capital raise through preferred share issuance and our first-ever international partnership would fortify our growth and expansion. This also strengthens our commitment to delivering exceptional value to our stakeholders as we keep enlarging our business."
CLI’s 2024 growth initiatives
CLI has new development in the pipeline worth PHP27 billion, including expansion projects in various regions such as Butuan. For 2024, the company has earmarked PHP 14.5 billion for capital expenditure, with a portion dedicated to land acquisition, particularly for its inaugural Luzon project.
The company’s strong financial performance, diversified revenue streams, strategic expansion initiatives, and a robust pipeline of upcoming projects position the company for continued growth and success in the coming years.
“Our consistent growth fuels our vision to strengthen the company’s current offerings and expand beyond VisMin. This is also a testament to the resilience, hardwork and dedication of our team," says Soberano.
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Unlocking Opportunities: Real Estate Investment in the Philippines
Introduction:
Investing in real estate is a key component of stable and prosperous financial growth in the Philippines, a country rich in prospects and potential. Rebusel shines as a lighthouse for those venturing into the world of real estate investing, pointing them in the direction of profitable endeavors and assured profits.
The Philippines boasts a dynamic real estate market, characterized by robust growth and sustained demand. From bustling metropolitan hubs to serene coastal retreats, the archipelago offers a diverse array of investment options tailored to various preferences and objectives.
The Benefit of the Philippines:
Economic Growth: Over the last ten years, the Philippines has had remarkable economic growth, fueled by rising foreign investments, a booming outsourcing sector, and strong domestic consumption. A thriving real estate market has resulted from this economic dynamism, with rising demand for residential, commercial, and industrial assets.
Demographic Dividend: The Philippines' youthful and expanding population contributes to a demographic dividend that drives up demand for infrastructure and housing. A notable trend is urbanization, as more Filipinos move to cities in pursuit of better opportunities. This has increased demand for residential and mixed-use complexes. Infrastructure Development: The real estate industry has seen a radical shift as a result of the government's dedication to infrastructure development under the "Build, Build, Build" initiative. In addition to increasing accessibility, larger road networks, and updated transportation systems also encourage property appreciation in important growing zones.
Real Estate Investment Options: Residential Properties:Both domestic and foreign investors continue to favor investing in residential real estate. Especially in large urban centers like Metro Manila, Cebu, and Davao, condominiums, townhouses, and single-family homes in ideal locations offer attractive rental yields and prospects for capital appreciation. Commercial Spaces: The nation's booming retail sector, growing business process outsourcing (BPO) sector, and increasing tourism are all driving up demand for office space, retail stores, and mixed-use complexes. Long-term growth potential and consistent rental income are two benefits of investing in commercial real estate. Industrial Parks: Due to the Philippines' strategic positioning as the region's hub for manufacturing and logistics, industrial parks and logistics facilities are in great demand. Gaining access to the nation's expanding manufacturing and logistics sectors—which are driven by robust domestic demand and export-oriented industries—is possible through investing in industrial real estate.
Navigating the Market with Rebusel Access to Premium Properties: Rebusel, one of the Philippines' top real estate platforms, gives investors access to a wide selection of quality properties all throughout the nation. Rebusel provides extensive listings to meet all of your investment needs, whether you're searching for industrial lots in economic zones, beachfront villas in Boracay, or opulent condominiums in Makati.
Conclusion: The Philippines offers exceptional prospects for real estate investors due to its thriving economy, demographic dividend, and strong real estate market. Investing in Philippine real estate is a strong opportunity for long-term wealth growth, regardless of your goals for the money—rental income, capital appreciation, or portfolio diversification. Unlocking these prospects has never been simpler than it is when Rebusel is your reliable partner. With Rebusel, you may kickstart your real estate investing career and pave the way for financial success in the Philippines.
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Top Best Business in the Philippines for 2024
1. Business Process Outsourcing (BPO) Industry:
The BPO zone in the Philippines remains a prime contributor to the economic system, supplying a big range of offerings inclusive of name centres, again-workplace operations, IT offerings, and more. The country’s skilled personnel, talent in different languages , and cost-powerful methods make it an attractive destination for outsourcing.
2. Tourism and Hospitality:
With its breathtaking landscapes, pristine beaches, and rich cultural heritage, the Philippines remains a sought-after tourist destination. Investing in hotels, resorts, tour operations, and related services can be a lucrative venture, especially in popular tourist spots like Boracay, Palawan, and Cebu.
3. Agriculture and Food Processing:
4. Renewable Energy:
The country’s commitment to sustainable energy sources creates opportunities for businesses focusing on renewable energy. Solar, wind, and hydroelectric power projects are actively encouraged by the government, providing investors with potential long-term benefits.
5. E-commerce and Technology Startups:
The Philippines has witnessed a surge in digital adoption, presenting a thriving landscape for e-commerce platforms, tech startups, app development, and digital services. With a growing internet user base, the potential for growth in this sector is immense.
6. Healthcare Services:
The demand for quality healthcare services in the Philippines continues to rise. Investment in hospitals, clinics, pharmaceuticals, medical tourism, and telemedicine offers promising prospects for entrepreneurs in this field.
7. Real Estate Development:
Booming business in the Philippines in 2024
As the economic landscape of the Philippines continues to evolve, several industries are thriving, offering promising opportunities for entrepreneurs and investors seeking to capitalise on the country’s growth. Let’s delve into the top booming business sectors that are shaping the Philippine business scene in 2024:
1. Tech Startups and Digital Innovation:
In 2024, the Philippines is experiencing a digital revolution, fueling the growth of tech startups and digital innovation hubs. The increasing internet penetration and tech-savvy population have spurred developments in fintech, e-commerce, SaaS (Software as a Service), and app-based services, creating a fertile ground for entrepreneurial endeavours.
2. Sustainable and Renewable Energy:
3. Health and Wellness Industry:
The demand for health and wellness services has surged, reflecting a growing awareness of personal health. Fitness centres, organic products, wellness retreats, and alternative medicine practices are witnessing remarkable growth and consumer interest.
4. E-commerce and Omnichannel Retail:
E-commerce continues its upward trajectory, with consumers embracing online shopping and businesses adopting omnichannel retail strategies. The pandemic-induced shift towards digital transactions has propelled the e-commerce sector to unprecedented heights, creating opportunities for online retailers, logistics companies, and digital payment solutions.
5. Agribusiness and Sustainable Agriculture:
Investments in agribusiness and sustainable agriculture are on the rise. Innovations in farming techniques, organic produce, farm-to-table initiatives, and agricultural technology are transforming the sector, attracting both local and foreign investors keen on sustainable food production.
6. Tourism Rebound and Travel Services:
7. Infrastructure and Real Estate Development:
Ongoing infrastructure projects and urban development initiatives continue to drive growth in the real estate sector. Investments in residential and commercial properties, as well as infrastructure projects, present significant opportunities for developers and investors.
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RESIDENTIAL, HOME OFFICE CONDO MACTAN CEBU #VERTEXCOAST #CONDOFORAIRBNB #CONDOPUNTAENGANO #OFFICESPACEMACTAN 09177925457
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ROYAL OCEAN CREST MACTAN RESORT LIVING CONDO, AFFORDABLE PRICE
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Cebu's real estate market has a wide range of residential, commercial, and industrial properties, so investors can choose the type that best fits their investment goals. https://bit.ly/3WqjPBG . . #realestate #investor #cebu #investors #realestatebroker #propertydeveloper #commercialrealestate #cebucity #realestatelifestyle #propertyinvestor #cebuphilippines #cebuph #realestateph #instarealestate #whenincebu #realtestate #realestatetip #realestatestats #cebufinds #passiveincome — view on Instagram https://scontent-iad3-1.cdninstagram.com/v/t51.2885-15/357200820_634462841737332_2607507222940267621_n.jpg?_nc_cat=109&ccb=1-7&_nc_sid=8ae9d6&_nc_ohc=BgnQWkMql3UAX8ip5Ps&_nc_ht=scontent-iad3-1.cdninstagram.com&edm=ANo9K5cEAAAA&oh=00_AfAvgmcSo23cLzyysYN0P7VnkKGtcDXTlMCDeBOY0HCJMw&oe=64A7C36D
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Camella Riverfront: Your home in the Queen City of the South
READY FOR OCCUPANCY CARMINA MODEL 2 STOREY 2 BEDROOMS.
Located in Talamban, Cebu City, The Riverscapes is a 35.5-hectare house and lot subdivision that has six enclaves. Each enclave is also designed to take you back to nature. It is naturally sloping and hilly, allowing you to glimpse the breathtakingly view of mountains radiating cold breeze of air.
The surrounding also offers a refreshing view of sea and sky, quiet and steady vibe of hillsides and deep valleys, and soothing feeling of softly flowing rivers.
Camella Riverfront: Cebu’s Mediterranean-inspired master-planned community.
Camella Riverfront features value-for-money, Mediterranean-inspired, well-designed homes. Whether it’s for a starting family, a young professional looking for their first investment, or a retiring couple, Camella Riverfront has a home for every Filipino family. If you are looking for a great investment in one of Cebu’s top locations, this master-planned community is the perfect place for you.
CARMINA MODEL
Bedrooms : 2
Toilet and bath : 2
Lot area : 121sqm
Floor area : 61sqm
PAYMENT TERMS :
Contract Price : Php 9,126,000.00
Reservation Fee : Php 50,000.00
A. 10/90 TERMS
- 5% Downpayment : Php 456,300.00 payable for 8 months : Php 50,788.00
- 5% DISCOUNT UPON LOAN TAKEOUT
- 90% Balance payable thru Bank Financing : Php 8,213,800.00
Estimated monthly
20 yrs : Php 68,700.00
15 yrs : Php 78,493.00
For Site Viewing and Loan Assistance Contact us :
Mark and Jane Sacedon
JAKK Real Estate Brokerage
Sales and Marketing
Under PRC Liscence No. 0014110
09239602150 Smart Mobile
09150559648 Globe Mobile
09924819241 Dito Mobile
Viber Number and whatzup number
09239602150
#camellacebu
#camellariverfront
#cebuhousing
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Explore the exciting world of international real estate Philippines with Ulist Properties. Whether you’re looking for a beachfront condo, a cozy island retreat, or a long-term investment, the Philippines has something for everyone. They offer exclusive access to top locations like Cebu, Palawan, and Manila. Our team is ready to help you find the perfect property, whether it’s for a vacation, rental income, or a new home. Invest in one of Southeast Asia's most promising real estate markets. Visit us today to begin your journey to owning a slice of paradise.
For more information
Visit us : www.ulistproperties.com
Contact us : 14038896635
Mail us : [email protected]
#International Real Estate Philippines#International Real Estate#Real Estate Philippines#Philippines#Real Estate
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An In-Depth Guide to Investing in Real Estate in the Philippines
Real estate investment in the Philippines offers lucrative opportunities for investors seeking long-term growth and diversification. With a thriving economy, a growing population, and favorable government policies, the Philippine real estate market presents a promising landscape for both local and international investors. This comprehensive guide aims to provide valuable insights and practical tips for those interested in exploring real estate investment opportunities in the Philippines.
1. Economic Outlook:
The Philippines has consistently displayed strong economic growth in recent years. A stable economy, increasing foreign direct investment, and a growing middle class contribute to the demand for real estate. Investors can take advantage of these factors to generate substantial returns on their investments.
2. Market Analysis:
Before delving into real estate investment, conducting thorough market analysis is essential. Research key locations, property types, and market trends to identify areas with high growth potential. Major cities like Manila, Cebu, and Davao, as well as emerging areas, offer attractive investment prospects. Consider factors such as population growth, infrastructure development, and demand-supply dynamics.
3. Legal Considerations:
Understanding the legal framework is crucial when investing in Philippine real estate. Foreign investors should be aware of ownership restrictions and the requirements for acquiring property. Consulting with a reputable real estate lawyer or professional can ensure compliance with local regulations and maximize investment security.
4. Investment Strategies:
Real estate investment in the Philippines can take various forms. Consider the following strategies:
a. Residential Properties: Investing in residential properties, such as condominiums or houses, offers opportunities for rental income and capital appreciation, particularly in urban centers with high demand.
b. Commercial Properties: Commercial real estate, including office spaces, retail outlets, and industrial properties, can provide steady rental income and potential capital gains. Focus on prime locations with strong demand from businesses and tenants.
c. Land Development: Acquiring land for development presents long-term investment potential. Assess areas with upcoming infrastructure projects, urban expansion, or tourism development to capitalize on appreciation over time.
d. Real Estate Investment Trusts (REITs): REITs provide an alternative investment option, allowing investors to gain exposure to diversified real estate portfolios. Consider investing in REITs listed on the Philippine Stock Exchange.
5. Financing Options:
Explore financing options available for real estate investment in the Philippines. Local banks, financial institutions, and government housing agencies offer loans and financing programs. Evaluate interest rates, loan terms, and eligibility criteria to make informed decisions about financing your investment.
6. Risk Mitigation and Due Diligence:
Conduct thorough due diligence before making any investment. Engage professional services to assess property titles, review contracts, and verify property valuations. Consider engaging the services of a reputable real estate agent, property manager, or consultancy firm to navigate potential risks and ensure a smooth investment process.
7. Property Management:
Efficient property management is crucial for maximizing returns and minimizing risks. If investing in rental properties, consider engaging professional property management services. They can handle tenant screening, rent collection, property maintenance, and other day-to-day operations, ensuring a hassle-free investment experience.
Conclusion:
Best real estate investment in Philippines holds immense potential for generating long-term wealth and diversifying investment portfolios. With a strong economic foundation, favorable market conditions, and government support, the Philippine real estate market offers attractive opportunities for investors. By conducting thorough research, understanding legal considerations, and adopting smart investment strategies, investors can capitalize on the growth and profitability of the Philippine real estate sector.
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AFFORDABLE END UNIT CONDO ROYAL OCEAN CREST MACTAN CEBU
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Cebu Landmasters reports 28% first 9 month growth
Solidifies market leadership in VisMin
● CLI reported a 28% increase in consolidated net income, reaching P3 billion by end-September. ● Double-digit revenue growth across all business segments led to an 18% rise in gross revenue to P12.93 billion ● Colliers International's most recent study reaffirms CLI's market leadership in VisMin with the highest market share at 23% in net take-up.
Leading developer in VisMin Cebu Landmasters Inc. (CLI) continued to deliver robust growth in its consolidated net income for the first nine months of the year, posting a 28% rise to hit P3 billion in end-September from the P2.4 billion recorded in the same period last year.
CLI’s net income attributable to the parent company also posted a solid 9% increase to reach P2.4 billion from P2.2 billion in the previous year.
Cebu Landmasters unveiled the fourth tower of Casa Mira Towers Palawan early this year with the first three towers already fully sold out less than a year after launch. Casa Mira, CLI’s flagship economic brand, accounted for 52% of total sales in the first nine months of the year, underscoring continued strong demand for housing in the economic market.
Impressive double-digit revenue growth was recorded across all of CLI’s business segments, pushing the listed firm’s gross income to rise by 18% to P12.93 billion from P10.96 billion.
"We are very pleased with our performance this year, achieving double-digit profit expansions in the last three quarters despite the headwinds of inflation and higher interest rates in the country. This underscores CLI's commitment to providing value to shareholders and affirms the sustainability of our growth trajectory,” CLI chairman and CEO Jose Soberano III said.
Across segments, CLI’s real estate unit continued to be the primary driver of the company's revenue. The sector posted a remarkable 17% increase, propelled by ongoing construction progress and higher units that qualify revenue recognition.
CLI's sales also surged 25% to reach P17 billion in the first nine months of the year. Casa Mira, CLI’s flagship economic brand, accounted for 52% of total sales, underscoring continued strong demand for housing in the economic market. The listed company successfully launched 3,664 units valued at P14.87 billion as of end-September, contributing to an exceptional 93% sell-out status for all projects in various stages of development.
CLI’s hotel portfolio revenue surged 78% during the period, fueled by both higher room rates and increased occupancy. This is expected to grow further with the grand opening of Citadines Bacolod City in the next months.
The listed company’s other verticals also experienced notable growth. CLI’s hotel portfolio revenue surged 78% during the period, fueled by both higher room rates and increased occupancy. Its leasing business saw a 43% increase in revenue, driven by a 71% rise in occupancy rates. This was attributed to upcoming handovers in strategic locations like Davao Global Township and 38 Park Avenue, along with other prime commercial spaces nearing completion.
Throughout the year, the company spent a total of P10.4 billion in capital expenditures, mostly allocated to project development. A notable investment was the acquisition of a 21-hectare land in the city of General Santos, planned to be developed as economic and mid-market communities.
Meanwhile, Colliers International's recent real estate market study affirms CLI's continued market leadership in VisMin. As the foremost developer, the listed company holds the highest market share at 23% in net take-up.
“We are honored to be of service to our primary market, the VisMin region,” Soberano said. “Rest assured, we remain committed to fulfilling our promise of customer-centric development. Our achievements inspire us to continually enhance our services for all stakeholders."
Looking forward, CLI has entered into a partnership with NTTUDA, a major Japanese developer known globally for commercial properties, including office buildings, residences, and mixed-use developments. This is the listed company’s first foreign joint venture partnership and is geared towards the development of premium-grade residential towers in the heart of Cebu City.
“While we are thrilled with what has been a milestone year in which we celebrate our 20th anniversary, we look forward to reaching new heights with more developments and key partnerships on the horizon,” Soberano said.
CLI’s hotel portfolio revenue surged 78% during the period, fueled by both higher room rates and increased occupancy. This is expected to grow further with the opening of lyf Cebu City in the next months.
CLI plans to launch two to three additional projects this year, including Casa Mira Homes Butuan, which is projected to generate P 2 billion in sales. Three new hotels are also scheduled to open in the next few months: The Pad Co-Living in Banilad High Street, lyf Cebu City in Base Line Center and Citadines Bacolod City. Additionally, an expansion project is in the works for the highly successful Calle 104, which achieved remarkable sales in a short span of time.
CLI is also finalizing its first-ever site in Luzon, located in Naga City.
SUGGESTED PHOTOS
Cebu Landmasters unveiled the fourth tower of Casa Mira Towers Palawan early this year with the first three towers already fully sold out less than a year after launch. Casa Mira, CLI’s flagship economic brand, accounted for 52% of total sales in the first nine months of the year, underscoring continued strong demand for housing in the economic market.
CLI’s hotel portfolio revenue surged 78% during the period, fueled by both higher room rates and increased occupancy. This is expected to grow further with the opening of The Pad Co-Living in Banilad High Street on November 20. Standard rooms available are from single to quadruple sharing. There are also Special Rooms for 3 persons or a family of 4.
CLI’s hotel portfolio revenue surged 78% during the period, fueled by both higher room rates and increased occupancy. This is expected to grow further with the opening of lyf Cebu City in the next months.
CLI’s hotel portfolio revenue surged 78% during the period, fueled by both higher room rates and increased occupancy. This is expected to grow further with the grand opening of Citadines Bacolod City in the next months.
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