With Boracay Newcoast, it’s still possible to own a titled lot in the island paradise
As a top beach destination, Boracay has always been a haven to the hotel industry. But in recent years, international magazine Southeast Asia Globe noted that the island has seen a boost in the boutique hotel, mid private residence segments as well. This positive rise has allowed locals to sell their plots for substantial sums, thereby raising the level of economic prosperity on the island. In turn, this led to real estate prices in Boracay to enjoy a steady growth in the past years.
With private residences and luxury villas under development, Boracay is now competing in real estate terms with Bali and Phuket, doing much to attract foreign investment and raise the overall profile of the market. Maybe while relaxing on Boracay’s pristine shores, it could occur savvy investors that when investing in Boracay, the clear blue sky’s the limit. Boracay Newcoast, a prestigious development from Megaworld’s Global Estate-Resorts, Inc., is one such example of the limitless possibilities that the island can offer. Boracay Newcoast which boasts of districts that offer titled lots ideal for the investing community. First is the Town Center North, consisting of the Shophouse District and the Boutique Hotel District.
