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Unlocking the Potential of San Vicente, Palawan: A Real Estate Haven
Nestled in the pristine province of Palawan, San Vicente is quickly becoming the Philippines’ most enticing real estate and tourism frontier. Home to the longest white sand beach in the country, a burgeoning hub for tourism, and a beacon for investors eyeing lucrative opportunities, San Vicente is not just a destination; it’s a promise of growth and prosperity. This article delves into the myriad opportunities awaiting real estate investors in San Vicente, Palawan, highlighting its tourism potential and the strategic advantages that make it an investment haven.
Beachfront Properties for Sale
The villages of San Vicente, including Alimanguan, San Isidro, New Agutaya, Poblacion, Binga, New Canipo, Sto. Nino, Kemdeng, Port Barton, and Caruray, are renowned for their breathtaking beaches. However, as investments commenced as early as 2001, beachfront properties have become a rare gem, especially smaller lots. This scarcity underscores the value and exclusivity of owning a piece of the beachfront paradise in San Vicente.
Second Lots for Sale
The San Vicente Masterplan, with its visionary 50-meter setback regulation for beachfront properties, presents an attractive proposition for investors in second lots. These properties, though not directly on the beach, are within walking distance of the shore, offering a blend of privacy and accessibility to the stunning Long Beach and other beaches across all villages.
Commercial Lands for Sale
As an agricultural municipality, San Vicente’s commercial potential is just beginning to be tapped. Commercial lands, particularly those along the main roads with high future value, present an unmatched opportunity for businesses aiming to capitalize on the region’s growth. These lots are poised for significant appreciation as San Vicente’s tourism and economy continue to expand.
Condominium Hotel/Condotel Units for Sale
With no existing condotels, the pre-selling stage of Megaworld’s Paragua Coastown in Kemdeng offers investors a unique entry point into San Vicente’s burgeoning hospitality industry. This upcoming development is a testament to San Vicente’s potential as a premier tourist destination and an investment hotspot.
Condo Units for Sale
Similarly, the pre-sale of condo units in Megaworld’s development presents a pioneering investment opportunity. These units promise a blend of luxury living and strategic location, catering to the upscale market of tourists and residents alike.
Agricultural Lots for Sale
Despite the early onset of property buying, San Vicente’s agricultural lands remain abundant but are starting to dwindle in areas like Long Beach due to high demand from investors engaged in land banking. This trend indicates a ripe opportunity for those looking to invest in agriculture or future development projects.
Lots Along Proposed Roads for Sale
Investing in lots along proposed roads is an excellent strategy for land banking, offering potential high returns as San Vicente’s infrastructure continues to develop. These investments are crucial for those looking to capitalize on the municipality’s growth trajectory.
San Vicente is not just a place of unparalleled beauty; it’s the “next big thing” in tourism, dubbed the Beach Village Capital of the Philippines. Each of its ten villages boasts their own stretches of white sand beaches, collectively overshadowing famed destinations like Boracay. The strategic location of San Vicente serves as a gateway to both El Nido and Puerto Princesa, promising a lucrative influx of tourists seeking the path less traveled. The operational San Vicente Airport further enhances its accessibility, making it an even more attractive option for real estate investment.
With its strategic advantages, including proximity to major tourist destinations, an operational airport, and its position as the home to the country’s first Flagship Tourism Enterprise Zone, San Vicente beckons investors to partake in its growth story. The time to invest in San Vicente, Palawan, is now, as it stands on the brink of becoming a world-class destination for tourists and a haven for real estate investors.
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The island of Palawan is considered by many to be the most stunningly beautiful in the world. It is home to beaches that are considered to be among the best in the world, jaw-dropping natural wonders, and one of the ocean’s most diverse communities of marine life. The crystal clear waters of Palawan are the primary draw for millions of tourists every year, and Puerto Princesa and Coron are among the most popular destinations on the island. It is estimated that Palawan generates a total revenue of 4.40 billion dollars in the United States.
Now, on the island of Palawan, an entirely new destination is welcoming all kinds of exciting opportunities – San Vicente! It is an up-and-coming tourist destination and a paradise that has yet to be discovered, and it is located three hours away from Puerto Princesa. San Vicente has the potential to become the next source of national pride for the Philippines by establishing itself as a tourist destination of international renown. San Vicente is a first-class municipality that provides visitors with the opportunity to have a one-of-a-kind experience by fusing together the culture of the natural world and the contemporary way of life in a single destination. The world-class shores of San Vicente are home to tens of thousands of tourists each year in addition to a number of business people who are drawn there by the city’s appeal. With San Vicente Airport, a number of island resorts, pension houses, business centers, telecommunication, and energy providers have already opened their doors, this is a positive sign for the development of business in San Vicente. It is anticipated that the number of tourists who visit and the money they spend will both go up.
The investment potential is virtually limitless across the entirety of this country, from its coastal assets to its mountainous interior.
VISION
The San Vicente Flagship Tourism Enterprise Zone will be developed on an area of land that is 883 hectares in size and is located along the long beach of San Vicente. Paradise can be found along this one-of-a-kind 14.7-kilometer stretch of coast in the Philippines, which is the longest stretch of coastline in the country. Long Beach is divided into three distinct areas for the purpose of urban development.
Many people believe that the San Vicente Flagship Tourism Enterprise Zone will act as a driving force behind the expansion of the entire municipality. The development of the flagship TEZ will be guided by a set of twelve principles for environmentally responsible and sustainable development: Architecture, Urbanism, Technology, Energy, Interior, Furniture, Infrastructure, Manufacturing, Sustainable Development, Purchasing, Jobs, and Transportation are some of the topics that will be discussed. This is done to ensure continued economic growth and sustainability, environmentally friendly urbanism, environmentally conscious agritourism, and the empowerment of local communities.
The Flagship Tourism Enterprise Zone aspires to become a robust tourism hub that provides visitors with a variety of options and products and draws attention to the natural and cultural assets of San Vicente. This is the vision for the Flagship Tourism Enterprise Zone.
The development will be divided into four different growth centers, each of which will focus on a particular theme.
Sun and beach ecotourism will be the primary focus of the first cluster. The high-income segment of the market will be prioritized for development in this area. This cluster will focus an emphasis on retirement tourism as well as activities associated with cruising and nautical tourism. Beach activities, rest, and relaxation will also be central themes.
The activities and entertainment geared toward consumers with middle-class incomes will be centered in Cluster 2, which will become a regional epicenter for these activities.
The opportunities for investing in retail and dining establishments that offer an exciting experience are concentrated here.
The indigenous peoples of San Vicente make their home in Cluster 3, which is also their traditional territory. This region will not only be developed for beach activities, but also for agritourism and other forms of agricultural tourism.
Cluster 4, which will cater to consumers with higher incomes, is currently under development. This is going to be the place where all of the most luxurious resorts are located.
The 14-kilometer stretch of Long Beach, which is located within cluster one, will serve as the TEZ’s priority center for the development of the zone’s economic activities. Cluster 1 will soon have new beach resorts, mountain resorts, second homes and retirement villas, agritourism areas, business hotels, community centers, parks and recreation areas, mixed-use commercial establishments, and a boat dock. To accommodate the anticipated number of visitors to the cluster one area, there is a requirement for more than 160 000 additional hotel rooms. San Vicente also requires support for its fundamental infrastructure in order to become a model Flagship TEZ. This includes, among other things, airport facilities, highways and roads, flood mitigation, power generation, power generation, telecommunications, water distribution facilities, sewerage treatment plants, modular docking facilities, and lodging and accommodations. The beach must be set back from any development by a minimum of fifty meters.
Only temporary buildings will be permitted within the developable area that spans 30 to 50 meters. The maximum allowable building height ranges from 6 to 20 meters, and the ratio of open space to enclosed space must remain constant at 50:50. Road networks, coastal roads, and water transportation facilities are needed to be built in order to provide a number of different entry points into the TEZ. This is necessary in order to support the developments that are being planned. San Vicente Airport, which is located considerably closer to El Nido than Puerto Princesa, will soon begin operating as the city’s primary entry point and serve as the gateway to the town of El Nido. The plan calls for esplanades and boardwalks to be constructed at regular intervals of 400 meters as access roads to the beach. Any money put into the expansion of the TEZ will serve as a stimulus for the overall economic development of San Vicente. The government will provide funding for fundamental aspects of the infrastructure, and it may also make financial incentives available to entice private investment.
There is a wide variety of exciting opportunities available in the San Vicente Flagship Tourism Enterprise Zone.