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2018 Philippines Market Report – Property Frontiers Insight Series
November 26, 2018Article by Kirsty Rose
Over the past decade, Southeast Asia has emerged as the world’s fastest rising economic engine, and an increasingly popular area for investors seeking to maximise returns overseas. Made up of more than 7,000 islands, the Philippines is one of Southeast Asia’s most exciting investment prospects.
The global hospitality industry is booming with the Philippines proving an extremely popular holiday destination thanks to its island hopping, stunning beaches and richest biodiversity. With Colliers forecasting a 10-15% increase in foreign arrivals over 2018 and international visitors driving the luxury segment, the constant source of demand is keeping returns high.
With its targets for increased infrastructure spending, and desire for tourism to proceed sustainably, the government of the Philippines is demonstrating its focus and commitment in the long-term success and stability of its already successful tourism market.
- Why global property is on the up
- The continual rise of the Asian markets
- Everything you need to know about the Philippines
- The lowdown on the property market