Real Estate is booming in Boracay

February 5th, 2008

Arelle V. White

In the locally distributed monthly paper called Philippine Wide Boracay, the December issue says “Real Estate in Boracay is Boomingâ€. 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.
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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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