Known as the “Queen City of the South,” Cebu has long been one of the hotspots for tourism and businesses in the Visayas and Mindanao regions. Not only can people find lucrative jobs and business opportunities with local and international companies found here, but the city also houses a modern andworld-class airport that makes it very accessible. While it is already a major hub, the growth potential of Cebu is still very limitless.
If you are looking for real estate that’s bound to garner market value, investing in Cebu should be at the top of your list.
Here are some reasons why it makes sense:
Generally cheaper real estate. Business districts in Cebu are almost comparable to Metro Manila. The only difference is that real estate properties in Cebu cost a little less than the pricing in Metro Manila. For retirees looking to downsize or move to a new location; or for millennials who want to have their first real estate investment, Cebu has the best and affordable choices for you.
High investment growth. Cebu is at its golden stage of infrastructure due to the push of the government’s “Build, Build, Build” program. Cebu is also well-equipped with everything for urban living and nature while meeting the residents’ lifestyle choices and needs. Together with other developments in Cebu, it creates more opportunities for investment growth.
Ideal home for offices. Cebu’s strategic location benefits the manufacturing and information technology-business process management (IT-BPM) industries. Complementing the developments in infrastructure and nature, Cebu is an ideal location for offices. Based on the results of Tholons’ 2021 survey, Cebu was ranked 52nd as the most attractive outsourcing site in the world. It remains as the preferred business destination due to its competitiveness in terms of manpower, and city functionality. Not only that, doing business in Cebu offers a lower capital expenditure but with comparable quality to Manila.
Abundance of natural attractions. Cebu has the potential to offer both business and leisure because of their numerous natural attractions. In a matter of minutes from the city, residents and tourists can climb up and enjoy the breathtaking top view of Cebu from Busay mountains. The city also has an abundance of greens and pristine white sand beaches where you can easily enjoy and relax after a heavy workweek.
According to Colliers, Cebu remains to be a major residential investment hub even beyond the pandemic and is expected to continue further. If you are looking for a property to invest in that offers expansive greenery and convenient living with a steady growth of investment and guaranteed return, City di Mare (CDM) at the heart of Cebu is a perfect fit for you.
City di Mare’s 58-hectare premier development consists of 40-hectare mixed-used development, a joint venture project between Cebu City government and Filinvest Land, Inc., and a 10-hectare commercial component. The remaining 8.1 hectare was acquired by Filinvest Land Inc., in 2020 to complement the masterplan community of City di Mare and strengthen its vision to make CDM the “Lifestyle Capital of Cebu”. This 8.1-hectares land sets to be part of the integrated development of the township and envisions to provide residential, commercial, office and retail offerings in Cebu City. With this, City di Mare intends to offer a live-work-play lifestyle experience to the community.
City di Mare is nestled in a strategic location at the South Roads Properties, Cebu City, which is being honed by the Cebu City government to be its next business district. Its location is close to Mactan International Airport via the soon-to-open Cebu-Cordova Link Expressway (CCLEX) which will directly link Cebu City toCordova City. The location of City di Mare has also convenient access to key destinations and provinces of Cebu.
City di Mare has ready-for-occupancy residential enclaves with resort-style amenities. Sanremo, a mid-rise condo community named after a picturesque Italian resort-town, Sanremo Oasis, offers residents a glimpse of the sea and surrounding mountains right from their balcony. Amalfi, on the other hand, was inspired by an Italian coastal town known for its picturesque landmarks and scenic beauty. This 4.5-hectare property with 9 five-storey residential buildings has allocated 65 percent of its space entirely for amenities, open spaces, and landscaped greens.
With a self-contained green community that has pedestrian and bike-friendly spaces, City di Mare’s outstanding landscape and public parks are designed to give you a refreshing environment with the natural sea breeze and mountain views of the eastern coast. To make modern living possible, City di Mare is home to Cebu’s one and only waterfront retail strip, IL Corso Lifestyle Mall, which has Sunset Market and bazaars, and a variety of retail offerings. Soon, City di Mare will be home to schools, residential developments, office spaces, and retail and recreational centers. A mass transit system for Cebu City and City di Mare Pedestrian Bridgeway will also be developed to provide greater mobility in the area soon. With these developments, City di Mare is the ideal address for residential and business as a progressive city.
“City di Mare aims to change Cebu City’s skyline by seamlessly integrating business and leisure with nature as the backdrop. This reinforces our vision of a live-work-play community that is conducive to all kinds of investments,” said Don Ubaldo, First Vice President for Project Development – Township.
With the growing and competitive pricing in real estate today, aspiring home buyers and business owners should take advantage of City di Mare’s vibrant and booming community so they can reap its benefits even beyond the pandemic.
To know more about City di Mare, visit https://www.citydimare.com/