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Investors to get Negros real estate
property tips
THE Urban Institute of Real Estate will
conduct a seminar that will help prospective negros occidental real estate investors
succeed in their business ventures. The four-hour lecture will cover
the following topics: review of the different investment motivations,
why people invest in real estate; pitfalls and traps in real estate
investments; why real estate appreciates, pros and cons of investing
in vacant land; different areas of opportunity, how to’s in real
estate investment, such as buying, selling or leasing; building and
selling; rehabilitation of foreclosed and damaged negros occidental properties; master
leasing; converting apartments to townhouses or condominiums;
developing vacant and raw lands; and an overview of the need to learn
before investing.
Real Estate info in Negros Island
The road network in Negros Island allows easy travel within Negros
Occidental real estate and to the neighboring towns and cities of Negros
Oriental. Most of the national roads run parallel to the shorelines of
Negros Island, linking coastal municipalities. These roads are the
main transportation routes connecting all municipalities and component
cities to Bacolod City, the provincial economic center. Provincial
roads are mostly farm-to-market or feeder roads that serve as linkages
of the rural populace to the socio-economic centers and facilities of
the province. These roads usually branch out from the national
highways toward municipal or barangay roads. The Provincial Government
maintains these roads which are composed of several road sections with
varying lengths and scattered all over the province.
Agricultural lands moving to real
estate, commercial properties, etc.
"The power of agricultural land as a
source of wealth is seeing its end," he says. "Landowners are moving
into commercial property distribution, Negros occidental properties, or industrial enterprises. When I was
secretary, I didn't realize that I was being hit more by politicians
identified with realty, rather than agricultural, interests. At one
point, especially in semi-urban areas, there was a lot of speculation
on land and the problem of land conversion became very serious. This
was the time of the real-estate bubble, when real money could be made
by converting farm land to commercial enclaves, housing estates, etc."
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