5 Questions You Need to Ask Yourself before Saying Yes to a Commercial Real Estate Deal in Cavite

(propertymart.ph)

The progressive province of Cavite is renowned for being a vacationer’s paradise with a glorious past, rich culture, and promising future. Plus, it’s an urbanized rural area that is very much “open for business.”

To increase the province’s carrying capacity to accelerate its economic growth and development, they formulate and implement fundamentally sound fiscal, economic and environmental policies. These are several reasons why investing in a commercial lot for sale in Cavite would be a great move for an investor like you.

Before buying that property, there are certain questions you need to ask yourself first. Here are some of them:

1 Why do I need a commercial lot?

Commercial real estate is all around us. It’s a broad term used to describe property utilized to generate a profit, such as office buildings, industrial property, medical centers, hotels, malls, farmland, apartment buildings, and warehouses. So if your main objective is to gain earnings, then yes, commercial lots are your go-to.

2 Am I financially stable?

Any kind of investment is a risk but make sure you have your finances to back you up. You also need to ask yourself the following question: How do I apply for a commercial real estate loan? What are the types of commercial real estate loans? What are the common costs of these loans and what are their interest rates? Also, be proactive by always anticipating additional costs and overestimating your purchases.

3 Is my chosen location a viable one?

Location is one of the most important aspects in your purchasing decision. It may be the biggest cliché in this process but there are major issues that constitute a great site such as zoning, environmental safety and accessibility. With Cavite as your prospective location for purchasing a commercial lot for sale, you wouldn’t have to worry.

4 Will I need experts to help me out?

Funding a big investment is a complex process. You will most likely need the help of a professional. Sure, you can research your way to a great deal of information but it always pays to have an expert’s opinion on the matter. You will most likely need an accountant, a lawyer, a commercial broker and a mortgage broker. They can help you determine the intricacies and technical aspects of choosing the right property. It’s better to expend a bit more money than to regret unguided decisions.

5 Are there no issues with the property?

The most comprehensive part of the purchasing process is doing a quality control check and one can achieve this through due diligence. The function of this is to verify, verify, verify! You should go beyond the physical condition of the building as there are multitudes of intangibles―most especially the documents―that have to be taken into account when evaluating a commercial lot for acquisition.


Commercial real estate investments often provide stable cash flow in the form of rental income and that it always has some intrinsic value usually appreciating over time. Before securing that commercial lot for sale in Cavite, make sure that you are well-equipped with a whole lot of patience and commitment, too.

4 Reasons Why Cavite is the Best Place for Industrial Parks

(fpip.com)

Cavite is a bustling destination perfect for tourism and investment. Its strategic location, good climate, rich human resources, development plans and industrial zones are just some of the key features of the densely urbanized province.

The steady growth of company locators in Cavite is a healthy indicator of sustained business operations and continuous pouring of investments over the years. Take for instance the industrial parks found in Cavite that contribute to the province’s economic growth. Some of the factors why Cavite is the best place for such establishments are:

Proximity

Industrial parks should be proximate to the following components: it should be first and foremost, near their customer (for distribution) and supplier (for manufacturers). Accessibility to transportation hubs is also a vital facet that should be considered.

These are usually located close to transport facilities, especially where more than one transport modes coincide, including highways, railroads, airports and ports. Cavite has a good road network where you can move from one town to another with ease. It is also known for its ports which provide a hassle-free importation and exportation of products within different industrial areas.

Power

Industrial parks serve as shelters to a diverse mix of establishments. Businesses, residential areas, commercial buildings and office spaces can be found within the community. This means the area would need a massive amount of energy supply. The main power source is MERALCO, a power distributing monopolist, that provides electricity all throughout greater Luzon’s vicinity but what makes Cavite an ideal location for an industrial community is the availability of solar power provided by its solar farms. It houses one of the largest solar farms in the Philippines. The availability of an alternative power source makes industrial parks in Cavite all the more interesting.

Labor Force

Manpower resources are abundant in the province. Cavite boasts 96.52% literacy rate being home to 1,760 schools. This is a huge factor in selecting prospective employees. Industrial parks offer a majority of production and services that need manpower. This, in turn, would result to high employment rates and high production value.

Water

A good supply of water is essential in building industrial parks. Many industries are usually established near bodies of water such as lakes, rivers and canals. These are vital to the energy consumption of industrial parks. Water is used in the different production processes within the zone. With the high volume necessity for water, it is essential that it be built near huge water supplies. Cavite is home to several rivers, springs and waterfalls which makes it an exemplary site for industrial development.


Amidst the immensely industrialized province also lies the beauty of nature. Cavite may be filled with industrial parks but it’s a dwelling where you can also enjoy a panoramic vista of nature’s wonders. The province is a true embodiment of living the best of both worlds.


For further reading: 4 Reasons Why Eco-Industrial Parks in Cavite Matter