Investing in real estate is a great financial move. Unlike other investment methods, properties and lots are likely to expand over time. As the population of various countries all over the world increase, the demand for residential, commercial and industrial properties are increasing.
But despite this reality that real estate is a safer option, it is far from risk-proof. The 2008 Great Financial Crisis gave us a glimpse of how investing in any instrument, including real estate, is. In fact, economists and financial experts blame the massive purchase of housing properties in the United States as the trigger of the economic disaster. Whilst this is exclusive in the US, this economic catastrophe has taught everyone that any investment, even properties, is prone to risk.
Buying real estate Subic is no exception. But recent developments, particularly the boom in infrastructure in the Philippines spearheaded by the current administration, make Subic a great investment spot.
Here are some reasons for investing in the properties of the former US naval base:
Infrastructure improvements – Road building and other infrastructure projects that connect Subic to other key economic hotspots in the country make it even more accessible. As the pledges of foreign investors flood in, the Subic Bay Metropolitan Authority (SBMA) has planned big-ticket projects to develop the road system in the area.
Near Metro Manila – Subic is relatively near Manila, the capital. With around 3 hours of travel time on the road, it is proximate to the capital compared to other key business hubs with fantastic beachfront. Doing business in this area is easier, especially in securing documentation from the national government, which is based mostly in the capital.
Fantastic views – Aside from being a former naval base, most forest areas around Subic are still preserved, giving it a stunning view. Only a few areas in the Philippines can match it.
Great tourist destinations – The city houses many tourist spots with different kinds of treats. For nature lovers, enjoy Zoobic Safari, JEST Camp, Tree Top Adventure Park and Ocean Adventure Park. For adventure lovers, check Le Man’s Go Kart and Networx Jet Sports. The list goes on and on.
So investing in real estate Subic is worth it! This is a great place to relax and settle in.