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Invest in the “Best Island in the world,” Palawan

July 17, 2020
Palawan

Amidst the COVID-19 crises, Palawan emerged as the Top 1 Island in the World by a reputable magazine’s survey. This yearly survey of Travel + Leisure surveyed its readers based on the quality of beaches, activities, sights, natural attractions, food, the friendliness of the locals, and the overall quality of the island. Because of this achievement that Palawan brought to the Philippines, we listed down reasons why you should invest in Palawan.

 

Growing Tourism Industry

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Palawan’s industry is no doubt growing year by year. It has the most unique attractions not seen on other beaches in the world. Palawan is famous for Puerto Princesa, the longest navigable underground river in the world, and is one of the 7 Wonders of the World (2012). Aside from these, Palawan is also famous for the World War 2 wrecks in Coron. For these reasons, Palawan was visited by nearly 2 Million tourists just last year. Making it the most visited province in that region.

The pandemic may hinder tourism for a bit in Palawan, but it is possible that it can be “a major tourist destination in a post-COVID world,” according to Forbes Magazine. With the continuous rehabilitation of the Province, it has a bright potential to multiply the progress of its economy in the upcoming years.

Reputable Developers Are Doing It

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As the saying “don’t put all your eggs in one basket” goes, top developers in the Philippines are starting to invest in Palawan. Ayala Land Corporation, developed a luxury resort in El Nido and other estate developments, spending nearly Php 11 Billion for construction through 2022. Century Properties invested Php 20 Billion to put up a resort in San Vicente, Palawan. These and many more data-equipped developers in the Philippines are placing their money on Palawan. Why shouldn’t you?

Location and Development

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Internationally, Palawan is the nearest province to other countries compared to the rest of the Philippines. It is near to the neighboring countries of Indonesia, Singapore, and Malaysia. This advantageous geographical location puts more value on Palawan. As investors continuously rise in Palawan, so is the local development of roads, international airports, and communication technologies.

Investing in a paradise is never a loss. Because as civilization continuously shapes the world, many seek the great perhaps of living in a paradise.

For Palawan property choices, check out Lead Realty’s listings and Invest in the best island in the world.

Contact us today. +63917-319-LEAD (5323)

Leading you to real estate’s best

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