Investing on Real Estate in the Philippines

Nottingham, United Kingdom (PressExposure) July 15, 2009 -- The Philippines is dubbed as the world's "Most Popular Destination in Asia" on a recent research conducted at the recent World Trade Fair (WTF) 2009. The contest was administered by the Shanghai Municipal Tourism Administration and VNU Exhibition Europe.

Tourism Secretary Ace Durano said that this recognition is yet another notable milestone in the industry. According to him, “The Philippines is one of the fastest growing destinations in China's outbound travel industry, recording a 74% month-on-month growth rate in visa issuances for February this year. We are also the nearest tropical beach country for the Chinese, as Manila is only two hours away from Guangzhou, while Cebu is only three hours away from Shanghai."

Most Chinese tourist comes over to see and experience beach holidays in the country. According to reports, the Philippines has the Best Leisure Destination in WTF 2008, for Boracay; the Top Ten Island Getaways for Chinese Summer Travel, for Bohol; the only Asian entry in the list of premier destinations in the acclaimed World Traveler magazine; and the Top Ten Most Searched Destination among Shanghai online users.

In an interview with Manila Bulletin, Shanghai-based Philippine Tourism Attaché to China, Gerry Panga, shared, "The country's continued and consolidated efforts in promoting a wide array of travel opportunities to its Asian neighbors have indeed resulted to our strong market performance despite the global crunch."

The Department of Tourism (DOT) Regional Office reported 4.01% in tourist arrival to the pristine Boracay Island in Aklan province for the months of January and February 2009. The total registered visitors to Boracay reached 99,939 compared to the figure for the same months of last year which was 96,085. This visits generated a total of Php1,837,218,612.69 for the months of January and February.

Along with this milestone in the country's tourism industry is an opportunity to further lure potential investors and nurture investments in the country.

The Philippines has so much property investment to offer both local and foreign investors. Currently, there are hotel, resorts, and condominiums that ideal for holiday trips and retirements.

A wide range of property in the Philippines is open for foreigners and expats looking for a place to relax and call their own. Among the most popular and most profitable Philippines investment property is Manila. Investment properties in this area promises close proximity to malls, schools, hospitals and other important infrastructures. Investment properties in this area also promise high rental yields.

For more information on Philippines property

About DSR Asset Management Ltd

DSR Asset Management Ltd
82 Moorgreen
NG16 2FB
United Kingdom
Contact Name: David Stanley Redfern 
Telephone: +44 (0) 115 8714594

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Press Release Submitted On: July 15, 2009 at 6:14 am
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