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Which is Better: Cavite or Batangas for Investment Properties?

5 June 2023
Which is Better Cavite or Batangas for Investment Properties

Whether it's for a residential property or a rental property investment, the provinces of Cavite and Batangas are excellent choices to build a house and lot in the Philippines. For one, they are both conveniently located and are accessible to and from Metro Manila. They serve as great home destinations for those who want to escape the noise and pollution of the metropolis and reside permanently in suburban communities.

 

As such, it's understood if you may have trouble choosing between Cavite or Batangas to have your investment property for rental income. In this blog, allow us to help you evaluate and weigh the pros of both provinces when it comes to real estate investing.

 

 

Quick Facts about Cavite and Batangas

Cavite and Batangas are under South Luzon or CALABARZON, which is the most populated region in the Philippines and the second densest after the National Capital Region (NCR). The entire region is a hotspot for real estate and commerce because of its proximity to Metro Manila. Get to know our two main provinces below.

 

 

Cavite: History Capital of the Philippines

For its monumental role in shaping the country's rich and bloody past, it has rightfully earned the title as the "History Capital of the Philippines" and the "Land of the Brave." Aside from this fact, Cavite is one of the wealthiest provinces in the country, making it such a remarkably popular choice for real estate investors to conduct business operations.

 

 

Batangas: The Industrial Port City of CALABARZON

The ever-increasing number of business establishments and industrial centers found in the province earned it the title "Industrial Port City of CALABARZON, particularly Batangas City, its provincial capital. It's home to the country's second largest international seaport, and is vastly popular for its numerous natural attractions outside Metro Manila.

 

 

Which is Better: Cavite or Batangas for Property Investment?

Let's proceed to the main contention: is Cavite or Batangas better for property investments? Let's compare each province's pros and come up with an informed decision once everything is taken into account.

 

 

Cost of living and affordability

Residing in Cavite entails a fairly affordable cost of living. With vast employment opportunities owing to sectors in manufacturing, agriculture, industry, commerce, real estate, and tourism, living in Cavite is cost-effective. According to Carousell Property, the average housing cost in Cavite is ₱3,000,000 to ₱6,000, 000. On the other hand, the average housing price in Batangas according to Carousell Property is between ₱2,500,000 to ₱7,000,000.

 

 

Proximity and accessibility

Both provinces enjoy the convenience that comes from being near Metro Manila. However, Cavite fosters an edge for having more tertiary schools available compared to Batangas, which can be a significant factor for families who prefer that their child be enrolled in the same province instead of having to go to the capital region.

 

 

Infrastructure and local economy

Cavite takes this spot for the number of completed and underway infrastructure projects that will bring massive convenience for commuters and residents at large. This includes the Sangley Point International Airport (SPIA), the Cavite-Tagaytay-Batangas Expressway, Bataan-Cavite Interlink Bridge, LRT-1 Cavite Extension, among others. However, in terms of overall provincial economy, Batangas reigns supreme for being adjudged the second wealthiest province in the Philippines for two consecutive years.

 

 

Tips When Searching for Property Investments in Cavite or Batangas

Both Cavite and Batangas are forces to reckon with in terms of having desirable locations that appeal tremendously to real estate developers and investors alike. Refer to our final guide below on how you can make a well-informed decision for your property investment.

 

 

Conduct a thorough research

Reading this blog is one way to get reliable advice on what makes either Cavite or Batangas as among the best locations to operate a real estate business or even for homeownership purposes. Aside from this, refer to other websites that provide insightful information about each province. Also consider asking relatives living in those areas for firsthand data about cost of living and overall convenience.

 

 

Assess the location

Without a shred of doubt, location is a top consideration that an intelligent real estate investor takes into account, and for all the right reasons. For instance, if you're planning to buy a particular property in Tanza town in Cavite, look for nearby establishments that would add up value to your rental property's location. Not needless to say, a poorly located property, one that is not near schools, healthcare facilities, or supermarkets, won't stand a chance at earning the trust and confidence of serious tenants.

 

 

Consider real estate investment trusts (REITs)

If you deem yourself new to real estate investing, consider real estate investment trusts as your initial investment to generate income. This enables you to invest in residential or commercial real estate without necessarily having to own and maintain physical properties. This is a good starting point for you as a newbie investor.

 

 

Tap a real estate professional for expert advice

When engulfed with overwhelming doubt, a licensed real estate professional can provide you with expert advice. This could be a real estate broker or an agent. Prior to hiring one, prepare a list of relevant questions to ask your agent. This way, you help eliminate your doubts and become better informed about how the industry works.

 

Whether it's Cavite or Batangas, there is a Lumina Homes property that is tailored to your housing needs. An affordable house and lot for sale purchased through Lumina Homes is guaranteed to satisfy your tenants if you convert it as a rental property.

 

Currently, Lumina Homes has established a vibrant housing community in Tanza, Cavite. In Batangas, Lumina has more housing projects, namely:

  • Lumina Residences Batangas
  • Lumina Tanauan
  • Lumina Lipa
  • Lumina Bauan
  • Lumina Rosario
  • Lumina Sto. Tomas

 

Meanwhile, if it's going to be for your primary residence, you will get to enjoy quality amenities such as a multipurpose hall, a modern community center, gazebos, a jogging path, and a play area for children, among others. Our housing communities in Cavite and Batangas are also within reach from establishments such as malls, schools, medical facilities, local tourist spots, and public transportation.

 

Enjoy a relatively cheaper property mortgage, down payments, as well as capital gain and price appreciation over time. Invest in convenience, quality, and comfort through one of the country's top affordable property developers for your future house and lot Philippines!

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