San Vicente, Palawan, with its untapped beauty and burgeoning tourism sector, stands at the precipice of becoming the next major destination for investors and holidaymakers alike. Amidst its picturesque landscapes, one opportunity shines brightly for real estate investors: the pre-selling of condotel (condominium hotel) units by Megaworld at Paragua Coastown in Kemdeng. This initiative marks the first of its kind in San Vicente, indicating a groundbreaking venture into a market brimming with potential.
The decision to invest in pre-selling condotel units in San Vicente is propelled by numerous advantages. Pre-selling allows investors to secure properties at a lower price, anticipating the increase in value upon completion. Moreover, the concept of a condotel offers a unique investment proposition, blending the ownership of a condominium with the benefits of a hotel. Investors enjoy profit sharing from the rental income, managed by seasoned professionals, ensuring a hassle-free investment with lucrative returns.
San Vicente’s allure as a prime investment location is undeniable. It is home to the longest white sand beach in the country, a remarkable 14.7 kilometers of pristine shoreline that surpasses the famed Boracay Beach. This distinction alone positions San Vicente as a “next big thing” in tourism, offering a beachfront in every one of its ten barangays, including Alimanguan, San Isidro, New Agutaya, Poblacion, Binga, New Canipo, Sto. Niño, Kemdeng, Port Barton, and Caruray. Each village boasts its own stretch of white sand beach, not less than 1 kilometer each, proclaiming San Vicente as the Beach Village capital of the Philippines.
Moreover, San Vicente has been designated as the country’s first Flagship Tourism Enterprise Zone – the Long Beach. This prestigious status underscores its potential as a hub for tourism and real estate investment. The strategic location of San Vicente offers unparalleled advantages. It serves as a gateway to El Nido and Puerto Princesa, significantly reducing travel time compared to traditional routes and positioning it as an ideal base for exploring Palawan’s wonders.
The Megaworld’s Paragua Coastown project in Kemdeng is poised to capitalize on this potential. With no operational condotels in San Vicente to date, the project’s introduction of condotel units for pre-sale is a pioneering move. This venture not only invites investors to be part of San Vicente’s transformation but also promises a stake in its burgeoning tourism industry.
The investment appeal of San Vicente is further enhanced by its operational airport, situated mere minutes from the Long Beach. While currently limited, regular flights from Clark provide a glimpse into the region’s accessibility and growth prospects. The airport’s presence underscores San Vicente’s readiness for a tourism and real estate boom, making it an opportune moment for investors to step in.
The combination of natural beauty, strategic location, and the pioneering spirit of developments like Megaworld’s Paragua Coastown presents a compelling case for investing in San Vicente, Palawan. The pre-sale of condotel units offers not just a piece of real estate but a share in the future of one of the Philippines’ most promising destinations. As San Vicente paves its way to becoming a major eco-tourism hub, investors have a unique opportunity to grow their portfolio in a market with vast potential and strategic significance.