• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • About Us
    • Meet Our Talented Team
    • Anti-hate Speech Policy
  • Terms Of Service
  • Free Printables
  • Advertising
  • Contact Us

DIY Home & Garden

A DIY & Gardening Resource

  • Home Page
  • DIY Projects
    • Upcycling
  • Home
    • Cleaning and Organizing
    • Holidays
      • Christmas
      • Valentine’s Day
      • Easter
      • Fourth of July
      • Halloween
      • Thanksgiving
      • Memorial Day
      • Mother’s Day
    • Home Safety
    • Home Decor
    • Pets
    • Real Estate
  • Gardening
  • Herbal and Natural Wellness
  • Recipes
    • Baking
    • Breakfast
    • Salads
    • Venison Recipes
    • Home Canning and Preserving
      • Canning
      • Dehydrating
      • Freezer Recipes
  • Travel
Home » Is Cavite a Good Destination for Real Estate?
Is Cavite a Good Destination for Real Estate?

Is Cavite a Good Destination for Real Estate?

07/08/2019 By Deborah T

Love us? Share us!

According to a recent survey of overseas Filipino workers in Dubai, real estate is the most attractive form of investment in the Philippines. Among the preferred property markets of the respondents, Cavite ranked second, next only to Manila no less.

This result is not exactly a revelation, for the province has been a popular migration destination of Filipinos originating from less prosperous areas in the country for a long time. And now it is becoming a popular market for those who wish to make smart real estate investments.

Many people choose to buy a house and lot in Cavite and stay mainly because of its abundant economic opportunities and proximity to the capital region. However, is the province an excellent place to get a foothold in real estate? Below are the reasons why OFWs are not wrong.

Affordable Entry Into the Market

First of all, Cavite has an abundant inventory of low-cost housing options. To be clear, a piece of real estate in the province is not cheap. That fact is especially true in growth areas such as Bacoor, Imus, and General Trias. The prices of Cavite properties, though, are undoubtedly more affordable than those of their counterparts in Manila.

Cost is a significant barrier to entry into real estate, so Cavite is a sensible choice if you are not prepared to spend over 20,000 in mortgage payment for a one-bedroom condo in Quezon City, Taguig, or Pasig. The money you can use to buy a unit in a residential high-rise in Makati or Mandaluyong is more than enough to buy a reasonably sized house and lot in Kawit or Tanza.

Low Vacancy Rate

Based on a 2018 report by Philippine Center for Investigative Journalism, Cavite is the second largest province in the country in terms of population. In fact, they claim 3.6 million residents. What makes it unique is that it only has a small land area. That size arguably the most densely populated place across the entire archipelago. In addition to its already big size, it is also rapidly growing due to migration and birthrate.

In other words, there is no shortage of renters in most places in Cavite. Some people are more mobile than others, but it will not take long to find replacement tenants.

Of course, every Cavite market is unique and attracts different kinds of renters. For instance, Dasmariñas is home to thousands of students who board in neighborhoods close to colleges. But the apartment and house rental occupancy might be high only during the school year. Places near an economic zone, like Rosario or Noveleta, tend to experience minimal vacancies throughout the year.

Steady land value appreciation is a bonus benefit of investing in a Cavite real estate market. With at least two business districts and several infrastructure projects under construction, the province is poised to grow even further for the years to come.

Land values are expected to explode once the Cavite becomes even more urbanized, so the sooner you buy means, the better. Getting into the market early allows you to enjoy a tremendous rate of return. Plus, you can passively build your wealth more quickly.

Picking the right location when investing in real estate is just half the battle. You ought to fully comprehend the economics of property rentals and understand your responsibilities as a landlord to earn a stable income over the long term.

  • Author
  • Recent Posts
Deborah T
Deborah T
Editor and author at DIY Home & Garden, a Word Innovations publication
Deborah Tayloe is a full-time blogger, children's book author, and freelance writer, contributing to large publications.

She has a B.S.Ed. in Secondary Education/English and a Spanish Minor. In addition, she holds a Certificate in Natural Health from a fully-accredited program and is a Certified Herbologist. She pursued these natural wellness certifications due to her love for herb gardening.

Despite freelancing to make a living, her love is "all things home."

Deborah grew up in a family that grew a large vegetable garden and a fruit orchard, helping her parents pull weeds and can home-grown foods as part of her childhood. In fact, she had no idea that she could purchase veggies and fruits in pre-packed steel cans until she went to college and made a food run.

Today, she lives in Bertie County, North Carolina, an agricultural rural area with more chickens than people. She lives with her husband and two rescue pets a sweet toy fox terrier and a cat who showed up one day and moved into the house. Together, they enjoy DIY projects, furniture refinishing, gardening, and canning.
Deborah T
Latest posts by Deborah T (see all)
  • The Explosive Truth of PYREX vs. pyrex - 08/15/2023
  • Viola, Violet, and Pansy: Close Relatives But Distinct Flowers - 08/11/2023
  • Purple D’Oro Daylily: A Regal Touch of Elegance - 08/10/2023
Tweet

Filed Under: Real Estate Tagged With: Cavite Phillipines, Cavite real estate

About Deborah T

Deborah Tayloe is a full-time blogger, children's book author, and freelance writer, contributing to large publications.

She has a B.S.Ed. in Secondary Education/English and a Spanish Minor. In addition, she holds a Certificate in Natural Health from a fully-accredited program and is a Certified Herbologist. She pursued these natural wellness certifications due to her love for herb gardening.

Despite freelancing to make a living, her love is "all things home."

Deborah grew up in a family that grew a large vegetable garden and a fruit orchard, helping her parents pull weeds and can home-grown foods as part of her childhood. In fact, she had no idea that she could purchase veggies and fruits in pre-packed steel cans until she went to college and made a food run.

Today, she lives in Bertie County, North Carolina, an agricultural rural area with more chickens than people. She lives with her husband and two rescue pets a sweet toy fox terrier and a cat who showed up one day and moved into the house. Together, they enjoy DIY projects, furniture refinishing, gardening, and canning.

Primary Sidebar

Click for details on our latest travel deal

book vip cancun travel

Here’s Why You Should Plant Sunflowers in the Garden:

https://youtu.be/ZwvPDTbs9U0

You Won’t Even Notice You Tossed These Cluttery Things:

https://youtu.be/z16ZRMC4wbE

Don’t Suffer, Try This Bath to Soothe Itchy Skin:

https://youtu.be/SUxl9UL7QDw

Footer

Amazon Affiliate Disclaimer

DIY Home & Garden is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. As an Amazon Associate I earn from qualifying purchases.

DIY Home & Garden does not constitute or intend to provide medical, health, financial, legal, or other professional advice. This website is for entertainment purposes only.

Quick Links

  • Home
  • About Us
  • Terms Of Service
  • Contact Us

Copyright © 2023 · DIY Home & Garden

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

DIY Home & Garden
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.