Are you still having second thoughts on buying a property in Palawan, Philippines? The latest results of the World’s Best Awards for 2020 is one of the factors that will help you decide.
Palawan has once again took the #1 spot in the category “best islands of the world”. This is the 4th time that the beautiful island of Palawan gained recognition, winning over other popular world-class destinations like Greece, Italy, Hawaii and Thailand.
Palawan Earns Rightful Place as Best Island in the World
This is not the 1st time that Palawan has earned recognition as the world’s best island. This enchanting destination that is also a favorite of real estate investors in the Philippines has been the recipient of the award in 2013, 2016, and 2017.
According to Department of Tourism Secretary Bernadette Romulo-Puyat, “Palawan reclaimed its rightful place in the World’s Best Awards. The citation as the Best Island in the World is all the more important because this is voted upon by the readers of the prominent Travel + Leisure (T+L) magazine,” she adds, “It’s wonderful to see that our rehabilitation and sustainable development efforts last year, especially in El Nido and Coron, were well-received by tourists everywhere.”
Voters also expressed their admiration for the island known as the last ecological frontier of the Philippines. Palawan has been described as dramatic at sea level, with mountains that emerge directly from the ocean palm-edged beaches. Another voter has also mentioned the beautiful beaches of Palawan, as well as its gorgeous landscape and scenery.
ALSO READ: Top 3 Reasons to Invest in Palawan Real Estate
The island has maintained a reputation as a world-class destination. But aside from catering to travelers, it has also been eyed by investors who want to own a real estate property in popular Palawan cities such as Puerto Princesa, Coron, El Nido, and others. Blessed with its natural beauty, strategic location, colorful culture, and friendly people, Palawan real estate and tourism were able to thrive over the recent years.
Palawan Island Real Estate: An attractive investment opportunity you shouldn’t miss
Palawan has a natural beauty and strategic location that appeal to both tourists and locals. As the island has been consistent in getting international recognition, you should not miss the opportunity to invest in Palawan island real estate, too.
You can buy a house in Palawan, Philippines and make this world-class destination your home. Condotels in Palawan also leave you with options to not only own a home but also have a source of passive income that can generate profit for years.
With its recent recognition, there will surely be more people who’ll express their interest to live and invest in Palawan. If at this point you remain undecided if you should buy a real estate property in Palawan, consider this as among the signs that will direct you to the right choice.
There are also added advantages that come with Palawan Island real estate:
- There are developed and unexplored areas available on the island.
- Diversify your investment through the opportunities you can find in Palawan’s residential, commercial, and agricultural properties.
- Palawan’s booming tourism will have a positive impact on real estate value and potential for income.
- There are trusted real estate developers in Palawan that can assist you to ensure a hassle-free investment.
With its recent recognition, there will surely be more people who’ll express their interest to live and invest in Palawan. If at this point you remain undecided if you should buy a real estate property in Palawan, consider these advantages as among the signs that will direct you to the right choice.
Read more about Palawan as the World’s Best Island, here.
Citi Global is a trusted real estate developer in the Philippines. Whether you’re in search of a Palawan condotel for sale or a beachfront property, we can help you find affordable and high-quality income-generating properties that will secure you a profitable investment in the beautiful island of Palawan.
Looking for a beachfront property or a condotel in Palawan, let us help you.