25/11/2024
Cebu’s thriving luxury property market
By Amy Remo | Philippine Daily Inquirer
The thriving City of Cebu stands out as one of the most attractive property investment destinations outside Metro Manila.
With its robust economy, ongoing infrastructure buildup, and strategic location in Visayas, the Queen City of the South continues to be a key player in Philippine real estate, with national developers flocking here to tap its growth potential. Over the past years, the city’s luxury residential market, in particular, has increasingly drawn the interest of both local and international investors as well as discerning homebuyers—and for good reason.
Expanding luxury property market
According to a March 2024 report by Colliers Philippines, Cebu remains one of the most attractive and largest residential hubs outside Metro Manila, with its market for upscale and luxury residential developments likely to expand.
This growing demand, Colliers explained, is likely to be driven by local and overseas-based Cebuano investors seeking investment prospects that can also serve as viable hedges against inflation. At the same time, these investors are also keen to capitalize on the city’s strong potential for value appreciation and rental yields.
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