EXPAT LIFE IN CEBU CITY, PHILIPPINES. REAL ESTATE PRICES & TRAVEL REQUIREMENTS

Expat life in the Philippines has been one of evolution for the past 19+ months with various degrees of requirements and restrictions to travel. The same is true for tourists and Filipinos. Real estate prices have fallen in many areas with motivated sellers. One can find a very good deal on rentals also with thousands of vacant units to choose from. Some owners and landlords have the financial ability to hold out long-term waiting for the real estate market to recover in the coming year. There is probably pent-up demand and when the countries open up, prices will again begin to rise with demand.