Real Estate is booming in Boracay

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In the locally distributed monthly paper called Philippine Wide Boracay, the December issue says “Real Estate in Boracay is Booming”.  I believe this is true because of the so many Condominium Hotel developments in the Island. I saw at least five such as The Crown Regency Boracay along the Main Road, which will boast of the largest swimming pool in Boracay and the biggest Convention Center; The Alta Vista De Boracay in Yapak which has at least 2 of the 18 clusters already operating; Alice in Wonderland along the white beach, 7 Stones also on a beach front on the other side of Boracay Island where kiteboarding is a hit, and Paradise Garden View which is located on a high part of Boracay which has overlooking the sea units.

 

Any real estate agent who will seriously market properties in Boracay can make a killing in a great opportunity. I say these because there are at least half a million tourists who visited the island last year (2007), and hitting 1 Million tourists by 2010.  Also, a lot of these tourists are Balikbayans who are very interested in investing and Tourists who fell with the island who wants to own a piece of Paradise.

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