Are you looking for lucrative investment plans to expand your real estate portfolio? Or perhaps you are new to the property market and are seeking to make your very first purchase on a place that you can use either as a holiday home or to earn some passive rental income? Either way, there is one place that you should most definitely consider looking into – Pampanga.
Located in Central Luzon, Pampanga is in between the North Luzon Expressway and Subic-Clark-Tarlac Expressway, making it an easily accessible city wherever you are visiting from. If you are coming from outside of the Philippines, you can enter the city via their very own Clark International Airport.
- Boost in tourism
With Pampanga’s accessibility comes its huge potential to welcome visitors on a large scale – tourism, both domestic and international. For those unfamiliar with Pampanga, the city is regarded as the Christmas Capital of the Philippines and during the ber months, visitors can behold its gorgeous seasonal decorations all over the city and purchase their own Christmas decorations at reasonable prices. Tourists to Pampanga can also visit to join in their Giant Lantern Festival (LigliganParul), Sinukwan Festival and Frog Festival (FiestangTugak).
- Increased job opportunities
There are a number of industrial hubs set for development in Pampanga, including a 6.2 hectare area in Luisita Industrial Park by DoubleDragon and a 3,000 hectare special economic zone in Pangasinan by the Xuliang Dragon Group. Besides these development plans, more industrial parks are expected to be built in New Clark City and Porac. With these economic hubs, more investors to the region can be expected which will lead to new jobs being generated for the locals.
- Government offices within reach
In order for a city to run smoothly and efficiently, government agencies should be set up within reasonable reaches and be fully operational. Government satellite offices like the Department of Budget and Management, Land Transportation Office, Department of Education, and Tourism and Investment Promotion and Gender and Development branches can be found in San Fernando, the capital of Pampanga.
- Hot favorite for property developers
In recent years, property developers are shifting from the heavily congested Manila to the provinces where they have access to more land to develop larger communities and estates. Pampanga is a hot favorite for property developers in the area of township-related developments due to the government’s recent pledge to improve and expand infrastructure in North Luzon.
- Rising property prices
As the Clark Freeport Zone (comprising Angeles City, Pampanga and Tarlac) sees further industrialization with an increasing number of companies setting up their factories, offices and retail options in the area, the property prices there are also rising steadily. For investors looking to purchase property in Pampanga, price appreciation in your purchase over the years is almost guaranteed.
Having explored the many reasons why Pampanga is the ideal location for property investors, perhaps you are now more interested in learning more about the real estate market in the area?
Coming soon in Porac, Pampanga is The Arcadia. Suntrust's first project in Pampanga with a mix of both residential and commercial lots available. The Arcadia is located near Alviera Porac and Clark Global City, and some of the amenities found on-site include a clubhouse, swimming pool, children’s play area, basketball court and pocket parks. In terms of security, residents are in safe hands with around-the-clock security, perimeter wall, a landscaped entrance gate to The Arcadia community with a fully-operational CCTV system, as well as well-lit concrete sidewalks.
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