How to buy luxury real estate in Boracay, Philippines as an investment
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.
Owning a luxury piece of real-estate may come with a swimming pool, home theater, gym, and much more, and can serve as status symbol to the owner.
Luxury properties such as homes can be purchased in sought-after areas can appreciate in value as part of a natural capital appreciation, even if not using the real estate as an investment tool.
As an investment though, rental income short or long, can yield high returns in luxury markets, especially homes purchased in high-demand locations.
High-net-worth individuals worldwide are often interested in luxury properties in key cities such as located in Boracay, Philippines, and this international buyer demand can keep property values stable or even rising.
While demand for luxury real estate is always present, finding how to buy luxury real estate in Boracay, Philippines as an investment, will alter as economic changes both locally and internationally take affect, and legal paperwork for an international investment can be more complex, the drivers still remain.
If considering buying luxury real estate in Boracay, Philippines for personal use or as an investment, always perform due diligence and use lawyers to manage the purchase agreements.
How to sell or rent properties in the Philippines: