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Are you looking for a smart and profitable way to invest your money in real estate? Do you want to own a property that will appreciate in value and generate income for years to come? If you answered yes to these questions, then you should consider investing in Bulacan, one of the fastest-growing provinces in the Philippines.
The Impact of Rizal-Bulacan Road on Property Values
Bulacan is poised to become a prime destination for property investors, thanks to the construction of the Rizal-Bulacan Inter-Provincial Road. This road, which will span 10.37 kilometers, will connect Barangay Macabud in Rodriguez, Rizal to the boundary of San Jose del Monte, Bulacan.
Connectivity and Accessibility: A Game-Changer for Bulacan Real Estate
The Rizal-Bulacan Inter-Provincial Road will bring many benefits to both Rizal and Bulacan residents and businesses. It will improve the mobility and access of goods and people, leading to increased economic activity and social services. It will also reduce the travel time from Montalban to Baguio City from four hours to two hours, opening up new opportunities for trade and tourism.
But what does this mean for property investors in Bulacan? How will the road affect the real estate market in the province? Here are some of the advantages that the road will bring to property investors:
- Increased demand and value for properties near the road. The road will make Bulacan more attractive and accessible to homebuyers and renters, especially in San Jose del Monte, where the road will end. San Jose del Monte is already a booming city, with a population of over 600,000 and a growth rate of 4.65% per year. The road will further boost the development of the city, as it will host the proposed Bulacan Airport, the MRT-7, and several commercial and industrial establishments. According to Colliers International, a global real estate consultancy firm, the average price of residential lots in San Jose del Monte increased by 12% in 2020, and is expected to grow by another 10% in 2021. This means that investing in a property near the road will give you a high return on your investment in the long run.
- Enhanced connectivity and accessibility to other regions. The road will also make Bulacan more connected and accessible to other regions, such as Metro Manila, Rizal, and the Cordillera Administrative Region. This will attract more buyers and renters who want to enjoy the convenience and opportunities of living near the road. For instance, if you own a property in Bulacan, you can easily commute to Metro Manila for work or leisure, as the road will reduce the traffic congestion and travel time. You can also explore the natural and cultural attractions of Rizal and the Cordillera, such as the Wawa Dam, the Masungi Georeserve, the Banaue Rice Terraces, and the Baguio City. You can also take advantage of the lower cost of living and higher quality of life in Bulacan, compared to Metro Manila.
- Diversified and expanded market for properties. The road will also open up new possibilities for trade, tourism, and agriculture in Bulacan, creating a more diversified and expanded market for properties. For example, if you own a property along the road, you can offer it as a resort, a farm, a restaurant, or a shop, catering to the needs and preferences of the travelers and locals. You can also tap into the niche markets, such as eco-tourism, agri-tourism, and heritage tourism, that are emerging in Bulacan. You can also partner with other property owners and businesses to create a network or a community that will enhance the value and appeal of your property.
Diversifying Investments: Seizing Opportunities Along the Rizal-Bulacan Road
As you can see, the Rizal-Bulacan Inter-Provincial Road will boost the property investment in Bulacan, making it a wise and lucrative decision for you. If you want to take advantage of this opportunity, here are some tips and advice for you:
- Look for properties that are near the road, especially in San Jose del Monte, as they will have the highest demand and value.
- Consider the type, size, and condition of the property, as well as the amenities and facilities that it offers or that are nearby.
- Secure financing from reputable banks or lending institutions and compare the interest rates and terms that they offer.
- Consult a licensed and experienced real estate broker or agent, who can help you find the best property for your budget and needs and guide you through the legal and technical aspects of the transaction.
If you want to learn more about the Rizal-Bulacan Inter-Provincial Road and how it will affect the property market in Bulacan, or if you want to see some of the best properties that are available for sale or rent in the province, please contact us at info@famiglialand.com or visit our Facebook page at https://facebook.com/famiglialand. We will be happy to assist you and answer your questions. Don’t miss this chance to invest in Bulacan, the next big thing in real estate!
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Source: Lawmaker touts Rizal-Bulacan road’s role in post pandemic recovery
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