JR COCA REAL ESTATE EMAIL: [email protected] Cell: +63 915 264 1169
It is a “buyers market” in the Philippines for real estate with the present long-term economic downturn. Real estate property prices have been increasing over the last 10 years in many cities in the Philippines with demand as many foreign corporations have moved operations here, foreign investors found it a good investment, OFWs invested in properties, remittances from OFWs helped family buy properties, demand for housing units for tourists and expats, etc. The present housing market in Manila metro, Cebu City metro, Davao, Iloilo City, Bacolod, and other cities have been producing flexible financing, “free” appliances, lower payments and rents, etc as the demand has shrunk considerably, vacancy rates are much higher, and investors are looking for deals.
It is a “buyers market” in the Philippines for real estate with the present long-term economic downturn. Real estate property prices have been increasing over the last 10 years in many cities in the Philippines with demand as many foreign corporations have moved operations here, foreign investors found it a good investment, OFWs invested in properties, remittances from OFWs helped family buy properties, demand for housing units for tourists and expats, etc. The present housing market in Manila metro, Cebu City metro, Davao, Iloilo City, Bacolod, and other cities have been producing flexible financing, “free” appliances, lower payments and rents, etc as the demand has shrunk considerably, vacancy rates are much higher, and investors are looking for deals.