Davao City: Safe and sound
There's a reason why Davao City is hailed as the "Crown Jewel of Mindanao." For starters, it's the center of commerce and business in the southern region of the Philippines. Aside from this, Davao is a cultural melting pot where people coming from different backgrounds can work and live there in peace. It also doesn't hurt that Davao City is the proud home land of the current president Rodrigo Duterte.
Condominium for sale Davao City: What the crown jewel of Mindanao has to offer
Davao got its name from the famous Davao River. Pre-colonial Davao consists of settlements of different indigenous group, with their chieftain's settlement located at the iconic river. The proud municipality was used as a port during the Spanish colonization because of its proximity to other important countries. Despite of the struggles, Davao continues to flourish under the Japanese occupation and American settlement.
Today, Davao City continues to shine. It's hailed as one of the safest city in the Philippines. It's also slowly becoming a second Manila since President Rodrigo Duterte often come home during the weekends and do business in his home land.
Because of this, real estate in Davao is in great shape. Pre-selling condominiums in Davao and house and lots are stealing the spotlight. And you can't blame home buyers from seeking properties at Davao's crown jewel. There are tons of things to see and enjoy at Davao. Below are some of them:
1. Incredible tourist destinations - The gorgeous Mt. Apo is the perfect place to return to nature. The Pearl Farm Resort is simply one of the most beautiful sanctuaries in the country today.
2. Safety and security - Davao is one of the safest cities in the country today. Citizens are known for strictly following the law and the police are to make everyone feel safe.
3. Competitive commerce - Aside from agricultural businesses, Davao City is also blooming with other businesses like IT and BPO.
Looking for a cheap apartment in Davao? There are tons of properties to choose from in Dot Property Philippines.
Davao City condo Market insight
The median rent price for condos in Davao City is ₱ 24,864.
The gross rental yield on condos in Davao City is 6.7%.