Profitable Investment Real Estate For Sale in Boracay, Philippines
Boracay is a small tropical island located in the Western Visayas region of the Philippines, about 315 kilometers (196 miles) south of Manila. It's part of the province of Aklan and lies off the northwestern tip of Panay Island, accessible via a short boat ride from the Caticlan Jetty Port (Malay, Aklan).
Boracay consistently ranks among the top beach destinations in the world, attracting high-end travelers from Asia, Europe, and North America.
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
How to sell or rent properties in the Philippines: