Buying a house in Baguio City is easy. Buying a good house in can be pretty hard. Baguio is a city in the Philippines designed by the Americans in the early 1900s for about 30,000 inhabitants only.The city currently has about 300,000 residents occupying a land area of just 57.49 square kilometers so real estate here has become pretty much a seller’s market as there are very few good areas to choose from distribution and basic city services seem to have not been able to keep up with the population growth, Baguio real estate is still very much in demand. It just goes to show that Baguio has always been considered a very attractive place to live in.
What are the unique characteristics of Baguio Real Estate?
Reasonably large, flat tracts of land in the City of Pines are hard to come by. A lot of the residential and commercial areas are clustered into tight neighborhoods.
Because of the influx of migrants from the lowlands, transient students, and foreign nationals, (a majority of whom are Koreans studying in what they term an “English Academy”) the Baguio resident population has increased considerably, and most houses have either been rented or bought in recent months.
And here we are not talking peak periods when the City of Pines enjoys the visits of tourists and out-of-town guests, just a regular weekday!