25/04/2022
Reasons Why Cavite is the Best Place to Invest and Live
When purchasing a house, one of the most important things to decide is where you want to live. Your home’s location should be carefully considered, along with your lifestyle as well as the future value of your investment.
A lot of people may ask why they choose to live in Cavite? Let’s try to dig deeper into what this city has to offer.
Cavite has become a trendy place to live in recent times. These days you will find countless new residential developments along with plenty of entertainment options and natural beauty. And with its manageable commute to Metro Manila, it’s easy to see why more city folks are relocating here.
Of course, the province is far more than just a commuter suburb. Cavite is a place you’ll be proud to call home. Known for its rich culture and history, the province of Cavite is recognized as one of the fastest-growing areas in the Philippines. It is home not just to agricultural lands, industrial zones, heritage spots, and business parks but also residential and other real estate developments.
Here are some of the many reasons to invest in a house and lot in Cavite.
Location
One of the biggest advantages of investing in a property in Cavite is living outside the stresses of big city living and enjoying being near it. Cavite is the closest province to Metro Manila, made very accessible by the recent developments of major roads and highways connecting the two areas.
With CAVITEX and Quirino Avenue in the north, Daang Hari and the Muntinlupa-Cavite Expressway (MCX) in the south and Marcos Alvarez Avenue in the east, Cavite residents have many route options if they want to visit the metro.
Rich History and Culture
Known as the place where Philippine Independence was first declared, the town of Cavite played an important role in the history of the Philippine Republic. Preserved historic properties include Aguinaldo Shrine, Corregidor Island, Sangley Point, and Bonifacio Memorial Shrine.
Career Opportunities
The number of BPO companies, IT parks and buildings, and multinational corporations keeps growing as the province experiences rapid development over the years. This means lots of career opportunities for current and future Caviteños.
So if you are planning to invest in a house in Cavite but are worried it might affect your travel time to your work, you can start looking for other employment options as early as now and stop worrying.
Food Hubs
As one of the most modernized provinces in the Philippines, Cavite boasts not only its vast residential lands and economic zone but also a wide variety of food.
Living in Cavite brings you closer to some of the country's best dishes, including Tagaytay’s famous bulalo and special buko pie. Also, Cavite is the place for home cooking restaurants such as Breakfast at Antonio’s, Leslie’s, and Lolo Claro’s Restaurant that one shouldn’t miss!
Business Opportunities
Because Cavite is experiencing rapid development in the past years, more and more opportunities are coming in, especially on the business side. The fact that the province's population continues to grow and more and more residential communities are being built are more than enough reason to put up a business.
So investing in a house and lot in Cavite not only means embracing relaxation and comfort, but it can also open opportunities to start and grow your business.
Shopping Malls and Entertainment Centers
Cavite is home to the Manileño’s number one weekend destination: Tagaytay. Moreover, recreational hotspots like mountains and beaches (like Ternate Beach, Balite Falls, and Mt. Pico De Loro, among many others) are all a stone's throw away from the province.
If you require big mall shopping and entertainment options, you won’t need to travel all the way to Metro Manila. Major mall chains, including SM Supermalls, Robinsons Malls, Ayala Malls, and even S&R, have long established themselves in Cavite.
Transportation options
With the LRT-1 extension going in and out of Cavite being underway and is expected to be operational by early 2021, Traveling in and out of the province will be easier as it will add another layer of transportation options for commuters.
Another reason is the rise of provincial buses and UV Express terminals in the south that serve thousands of commuters residing in Cavite.
Economic Zones
With the rise of commercial hubs in parts of Pasay, BGC, and Muntinlupa, it is no doubt that the Philippine real estate development is going southwards. Investors consider Cavite a good place to establish a business due to the low labor cost and workforce supply. Currently, there are over twelve industrial parks in Cavite, mostly in the business of manufacturing.
The Vermosa project will become the hub for call centers, IT companies, and other businesses to employ hundreds of Cavite residents.
Proximity to vacation and tourist spots
Cavite is surrounded by neighboring provinces with stunning tourist and vacation spots like Batangas, Tagaytay, and Quezon Province. The province also boasts tourist destinations like Puerto Azul, Boracay de Cavite, and Pico de Loro.
Maragondon Cavite also has its own beautiful spot called Cabag Cave. If you can't afford to go to Palawan's underground river, Cabag Cave can be a great alternative.
If you want a bit of adventure and witness history, you can set sail and visit El Fraile Island in Ternate, Cavite, or Corregidor Island.
Environment and Traffic
Compared to Metro Manila, Cavite is less populated; thus, offering a more quiet environment with more parks and greenways. The climate is also more ideal—thanks to better control of air pollution and the higher altitude (especially Tagaytay).
The lower population count also means fewer vehicles and fewer traffic jams to worry about than the big city.
Lesser Crowd
Because Cavite has a lower population compared to Metro Manila, this also means less crowd. If you are the type of person who wants to live a quiet and simple life, then Cavite is the best place for you. Even if you visit one of Cavite's leisure spots, you won't find it as congested as the ones in Metro Manila.
Residential properties in Dasmarinas, Imus, General Trias, and Tanza offer houses and lots for people who want to stay away from the congestion of a city living.
Less Air Pollution
Metro Manila’s air quality may not be the best environment to grow a family as a highly congested region. Vehicles being the number one source of air pollutants in the area, it is important to have a well-planned blueprint of the city to make it more pedestrianized.
Vermosa guarantees that neighborhood retail centers are easily accessible within a 10-minute walk or bike ride from any residential development within its premises to reduce dependence on private cars to travel to work. Ayala Land aims to promote a “walkable” city where people would prefer walking or riding a bike to driving.
Quick Weekend Getaways
Only hours away from Manila, the city of Tagaytay is an all-time favorite weekend destination among people from the metro. Whether you feel like climbing mountains or hitting the beach, Cavite is home to Mt. Pico De Loro, Ternate Beach, Balite Falls, Corregidor Island, and more.
World-class Colleges and Universities
Residing in Cavite enables your children easier access to some of the best schools in the province. Well-known universities and colleges like De La Salle University, Far Eastern University-Cavite, San Sebastian College-Recoletos de Cavite, and Emilio Aguinaldo College are situated Cavite.
Affordable schools such as Cavite State University, City College of Tagaytay, and AMA Computer University - Cavite Campus can also be found in the province.
Affordability and Choice
Deciding to reside in Cavite for good can be a huge move and may need many adjustments if you are used to living in the metropolis. On the other side, it's also a smart investment as the chances are high that property value in Cavite will soar in the next 5 to 10 years.
So investing in a property as early as now means comfortable living and a long-term investment.
With the rise of real estate in Cavite developments, you will surely find a property option that fits your budget and suits your lifestyle needs.
Find the comfort of country living while enjoying the fast-paced life in the city. If you are looking for pre-selling houses in Cavite, we have lots of properties that might be perfect for you.
AND PREPARED A REQUIREMENTS
LIST OF REQUIREMENTS
REQUIREMENTS DURING RESERVATION
2 pcs. Philippine-issued Valid ID
Accomplished Customer Information Sheet
Accomplished Reservation Agreement Form
Reservation Fee
DOCUMENTARY REQUIREMENTS
If married, both spouses shall submit the following:
3 pcs. 1x1 picture
2 Philippine-issued Valid ID
Birth Certificate (if single)
Marriage Certificate (if married)
Proof of Billing Address or Barangay Certificate
Tax Identification Number
Post Dated Cheques
PROOF OF INCOME REQUIREMENTS
Certificate of Employment with Compensation
Payslips (latest 3 months)
Latest Income Tax Return (ITR)
Bank Statements (latest 6 months)
Vouchers latest 6 months (for commission-based employee)
ADDITIONAL REQUIREMENTS FOR OFW
Photocopy of Passport
Job Contract (photocopy)
Passport stamp entries
ATTORNEY-IN-FACT
OFW/Immigrants buyers must assign a family/relative as their Attorney-in-fact (AIF) in their home purchase. AIF must likewise submit the following requirements:
3 pcs. 1x1 picture
2 pcs. Philippine-issued valid ID
Proof of Billing Address
Special Power of Attorney Form (Notarized/Consularized)
SELF-EMPLOYED INCOME REQUIREMENTS
Additional requirements for business owners (self-employed) with minimum 3 years of operation:
Business Permit
Latest 3 years ITR with Financial Statement
Photo of Business Establishment
Bank Statements latest 1 year
FOR MORE INFO CONTACT
Thess R. Mogro
PRC License # 002045
HLURB License # 015552
Executive Vice President
Mahogany 92 Division
Fil-Estate CORE, Inc. Group
11th Floor Suite 1101-1102 Paragon Plaza Condominium
EDSA Corner Reliance Street
Mandaluyong City 1554
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