
Compass Point brings you and interesting opportunity in the booming tourist centre of Cebu, at the heart of the Philippines, to invest in a premium 4* 'boutique condotel’ resort development close to the beach, golf and country club. Projected capital growth and rental yields are expected to double your equity in 3 – 5 years – with an outlay from just £26,000!
Cebu Lancaster Apart-HotelPrices: start from £37 - £26,700 more details » contact us
Over the past 10-15 years, the Philippines has enjoyed greater stability and progress on economic reforms, with good prospects under President Gloria Macapagal-Arroyo, who was elected to a six-year term in May 2004. The Philippines was less severely affected by the Asian financial crisis of 1998 than its neighbors and GDP growth has accelerated to about 6%pa, reflecting continued resilience in the service sector, and improved agricultural output and exports. With this level of growth and booming regional tourism, the Philippines is one of the fastest growing and most profitable residential property markets in Asia for investors to be in over the next 3-5 years. Manila, the capital, is fast becoming one of Asia’s business hotspots but prices are still low enough for Filipino-based businesses to compete worldwide.
Cebu has been listed as one of the fastest growing sectors in the Philippines in recent years, due to its strong tourism demand and because of its links as a trading and manufacturing Free Export Trade Centre. Cebu Province is situated in the heart of the Philippines archipelago, in the centre of the Visayan Islands some 560 km south of Manila. The island is 300 km long about 40 km at its widest point. Cebu City is the oldest and third-largest city of the Philippines and basks in its enviable status as the most popular tourist and business destination in the Philippines. The island has had a rich historic past since the great explorer Ferdinand Magellan first planted the cross on Cebu's shore. Cebu's 167 islands are lined with idyllic white sandy beaches and pristine clear waters and it has gained wide popularity for its fantastic diving grounds – as evidenced by the proliferation of resorts which offer luxurious accommodation and excellent dive facilities. Cebu Island’s strategic location at the centre of the archipelago places it at the Philippines' transport and tourism crossroads, with easy travel to the other islands and provinces by air, boat or bus.
To see a map of The Philippines, please click here
Returns of - up to 50% per annum - on your investment