7 Reasons Why You Should Invest in Negros Real Estate
Negros Island is the fourth largest island of the Philippines. Comprised with the Sugar bowl of the Philippines, Negros Occidental and the long time major electricity supplier, Negros Oriental.
Heavily influenced by Spanish colonization, Negros has grown its population in recent years along with its escalating economic stability that has reached a new heights. Being a fertile land as it is, agriculture has played the biggest role in uprising the economy for the locals. Negros is not just rich in natural resources, as now manpower and technology has come hand in hand to raise its booming economy. Apart from its rich soil, Negros also leans on the tourism industry with its beaches spread all around the island surrounded by the ocean’s clear waters that attracts foreign visitors and Filipinos alike.
So other than that, here are 7 reasons as to why its good to invest in real estate here in Negros!
Great Place to Live
August of 2018, Dumaguete was named Best Place to Retire in the Philippines by the Philippine Retirement Agency. It was named that for a lot of good reasons! Dumaguete is a pretty small and laid back town. A short travel away from the city center and you will find yourself surrounded by trees. It’s as if you are already in the mountains. The City of Dumaguete has a balance of urban living, and province living. A short distance away from prime real estate properties and you will find a lot of nearby restaurants, malls, schools, and even places to work. Work and life balance in this city is surely achievable
In a 2017 report by the Public Employment Assistance Service Office, they have conducted several job fairs in the Island of Negros. Of those that have applied for jobs both local and overseas, they have had a success hire of no less than 400,000 people. The region itself in 2018 has had a spur of new business openings! A lot of job opportunities from newly opened restaurants, call centers, resorts, hotels, and culinary schools! The call center or BPO industry being the biggest job opportunity provider for Negros hiring more than 30,000 people in both small and big BPO companies! The region has definitely has flourished into a powerhouse of job opportunities
The Island of Negros houses a lot of good universities and colleges. In the north you have University of St. La Salle, UNO-R, La Consolacion College, Colegio San Agustin. In the south you have Silliman University being one of the top schools in town. Parents from the whole Island of Negros and even from Cebu and nearby Bohol send their kids to Negros for the sole purpose of getting good quality education. Students here are assured with a good environment as the province supports a lot of activities wherein different students from different schools get to participate in. A lot of sport competition that aims to enhance sport education are being organized and held here too!
Other than being home to a good number of schools to study, Negros is also home and also gateway to loads of tourism destinations! It doesn’t come as a surprise as to why a lot of people want to invest here for that one reason alone. Since the Island of Negros is shaped like a sock, its definitely surrounded by wonderful beaches. You have Lakawon Island in Cadiz, several different beaches in Sipalay. Apo Island in the south with beaches in Dauin which is south of Dumaguete. Loads of mountain resorts like Campuestuhan in Bacolod, several different more in Don Salvador Benedicto and Canlaon. Lake Balinsasayao in San Jose Negros Oriental, Forrest Camp in Valencia, and Lake Balanan in Siaton. The Island of Negros will never run you out of destinations!!
Low cost of living
Since Negros can practically produce whatever you need to live, it doesn’t come as a surprise that you can survive or live a frugal live in the Island. You can even build your own house with raw materials you can find nearby! Negros has a good backing in its agriculture that farmers and land owners are able to sell their products in really reasonable prices. Transportation of goods are not a problem as well because we have a pretty reliable bus company called Ceres which can basically carry anything except a car.
Easy to own businesses
The Island of Negros is still growing as of the moment. So it doesn’t come as a surprise that a lot of people invest in real estate here because people can easily setup businesses. A lot of foreign companies have invested in offices here in Negros because they know that the manpower here in the island is competitive. A flock of hotels and restaurants have also chosen to branch out here just because the market and the demand is growing. If you invest in real estate, you don’t only invest in it. You also invest in an island that is full of business opportunities.
Negrosanons are know for their utmost hospitality, probably more than any other island here in our archipelago. The people have that unwavering warmth that you will instantly feel the moment you walk any street in the Island. People will smile and oftentimes greet you first in their dialects. People from the north have that “malambing” hiligaynon dialect that even if they are angry, they sound sweet. People from the south also have that “malambing” cebuano dialect. Their cebuano dialect is way slower and relaxed than people from other islands who speak the same.
Dumaguete City for example was dubbed the City of Gentle People when visitors from different areas were stunned on how hospitable and friendly the people of the city were.
In celebration of the hospitality and harmony of the city, the Sandurot Festival was born. It was a celebration wherein religious traditions, merrymaking, unity, harmony, and cultural beliefs are reflected on.
Sandurot Festival which signifies, “fellowship and reaching out,” and is derived from the Visayan word “pakig-sandurot” for the offering and satisfaction in hospitality. It is a bright, yearly holiday occasion to honor Dumaguete’s rich history dating the pre-Hispanic period and outside societies, including Chinese, Japanese and Spanish, met up to create a diverse community that is Dumaguete today. And if you ever miss the good old “bayle”, Sandurot Festival will bring you back to the charm of the crystal ball era. Relive the memories of the cha-cha-cha & the things that made Elvis Presly a legend.
The celebration started with the Paghimamat, a re-enactment of how people from different cultures and races came to the shores of Dumaguete, bringing gifts of rich cultures. Pasigarbo followed, gracing the City streets with dancing to drumbeats and other instruments participated by different barangays and schools in Dumaguete. The street-dancing ended at Quezon Park after which the participants prepared for the grand Pasundayag, a display of dances portraying different stories of the Dumaguete tradition.
Other events that are celebrated in this festival includes the search for the next woman who will wear the crown and represent the city, the search for Miss Dumaguete, the street dancing showdown, cultural shows, parades that are participated with different sectors and even schools in town, and of course the fireworks display.
Another festival to keep on top of your mind while traveling and visiting Dumaguete is the Buglasan Festival.
The historical meaning of Buglasan is seen in the origin of the name which is coined from buglas – a word for cogon – like grass or reed that was abundant in the past. The Province was called by this name by the earliest people on this island called Ati or Ata whom the Spaniards called Negritos, which means small dark-skinned people. Subsequently, the Province was officially called Negros, after the Negritos or small Negroes. Thus, the celebration of the Buglasan Festival may be considered a way of remembering the first name of Negros Island.
“Buglasan Festival is a convergence of the province’s best achievements in culture and the arts, and its finest tourism goods and services brought together in one central venue to be conveniently experienced by visitors and Negrense alike. The festival serves to project and promote a unified Negros Oriental character.” This was how the festival was described by one of the co-directors of Buglasan.
This event is the first in the country celebrating the festival of all festivals in a province. There are 19 municipalities and 6 cities in Negros Oriental and all of these are open to showcasing what their town can offer to the public or tourists on the event. These towns are fitting out their arts, history, culture, tourist spots, and many others which are held annually in Dumaguete City every mid of October.
There are different competitions that the provincial tourism unit sets up for a whole week’s celebration. One of the highlights is the town’s booth situated in Freedom Park where each participating town creatively displays the best spot of their place either a waterfall, their delicacies, a mountain formation design booth, sharing their local music, craftsmanship, underwater creatures, or whatever each could think of. Also, each town and city in the Province are asked to develop a presentation based on a local legend, myth or folk dance. This collection would be called the Buglasan Festival of Festivals.
The lively drumbeat sets the mood for the festival. Tourists and visitors from nearby provinces actually danced in the streets with the festival participants.
Located in Isugan, Bacong; Richwood Negros will be a haven that is only a few minutes away from the airport, malls, universities, and other major establishments in Dumaguete, making the residential project a perfect place to live at for people who want easy and fast accessibility to other areas without a hitch.
With Richwood Negros, you’re not only getting excellent accessibility to other areas outside the subdivision, you’re also getting top-notch amenities within the confines of your safe haven. Future homeowners will benefit from facilities and amenities such as a Guard House to keep you safe at all times, a Multi-Purpose Hall where you can hold different activities, a Basketball Court for sports-loving people, Selected Landscapes and Play Area for you and your kids’ recreational needs, and a Swimming Pool if you want to go for a dip!
PrimaryHomes, with its commitment to delivering housing solutions that is of high quality, made sure that Richwood Negros will be different from other projects by making Richwood Negros of better quality, but still be affordable by anyone who wishes to have a place to call home.
There are indeed a lot of other places that you can invest in real estate, but for us, nothing beats Negros in terms of the total package it can provide you. Don’t sleep on Negros, because Negros will definitely not sleep on you.