Boracay Real Estate Property
Being one of the country's top tourist destination spot. Boracay is internationally renowned for its white sand and natural beauty. And due to the number of tourist visiting daily, business is definitely booming in this island paradise. So for for property developers and private individuals alike. Owning a piece of this paradise is highly sought after. Although property prices here can set you back a couple of millions of pesos. It worth investing here considering the attention given to this place by the government. Boracay is also the place where they held big international events like beauty and body building contest.
Although Boracay can be considered heaven on earth for most people, there are some problems still plaguing this beautiful island resort. There has been some controversy lately in the issuing of land tittles due to the disagreement between the Department of Natural Resources (DENR) and the land owners. The government has made the decision to let the supreme court decide on this issue. Also, Boracay has a small airport runaway making it very inconvenient to come to this place and mostly rely on small chartered flights to get there. Electricity is also sometimes a problem especially when a strong typhoon hits the area. There has also been some demolitions of fences conducted in some resorts due to encroachment issues. But barring this issues aside, Boracay is a wonderful island paradise that will continue to attract tourist by the millions and making this a must have for real estate developers everywhere.
Although Boracay can be considered heaven on earth for most people, there are some problems still plaguing this beautiful island resort. There has been some controversy lately in the issuing of land tittles due to the disagreement between the Department of Natural Resources (DENR) and the land owners. The government has made the decision to let the supreme court decide on this issue. Also, Boracay has a small airport runaway making it very inconvenient to come to this place and mostly rely on small chartered flights to get there. Electricity is also sometimes a problem especially when a strong typhoon hits the area. There has also been some demolitions of fences conducted in some resorts due to encroachment issues. But barring this issues aside, Boracay is a wonderful island paradise that will continue to attract tourist by the millions and making this a must have for real estate developers everywhere.
