One of the top provinces in which to rent property in the Philippines is Cavite, which is situated on the south shores of Manila Bay. Manila Bay is found in the Calabarzon region on the island of Luzon. The rent-friendly province is one of the fastest expanding provinces in the country because it is located close to Metro Manila – approximately 20 kilometers south of Manila, the capital.
Metro Manila, itself, which is also known as Metropolitan Manila, is the NCR or National Capital Region of the Philippines and is the country’s seat of government. It is also the most populous region in the country. The region is made up of Manila, the capital, Quezon City (the most populated city) and the Municipality of Pateros.
An Asian Power Area
In fact, the NCR is the 7th most populated metro area in Asia. The continued urban expansion includes the provinces of Bulacan, Rizal, Batangas, and Cavite. Because the NCR is the center of economy, government, education and culture, it has been designated as a world power area.
For well over 300 years, the NCR has been regarded as the historical capital of the country and is also noted as being the seat of the country’s revolution. Independence was declared in the Philippines after the renouncement of the Spanish court on June 12, 1898. The event took place in Kawit, Cavite. As you can see, a lot of history has taken place in this area – which is also now considered a flourishing real estate market.
The Cavite Province
Cavite, which is the second smallest province in the Calabarzon region, occupies around 1,420 square kilometers, or 8.72 percent of the Calabarzon region’s entire area of land. Cavite is made up of several islands, some of which are Balot Island, which can be found at the mouth of the Ternate River, Caballo Island, La Monja Island, and El Fraile Island.
Cavite is comprised of the lowest lowland area or a coastal plain and therefore has extremely low ground level elevations. The province is also home to a central hilly area, which is typically seen on the foot slope of mountains. All in all, according to Dot Property specialists, Cavite is separated into four physiographic areas, namely the lowest lowland area, a lowland area, the central hilly area and an upland mountainous area.
A Monsoon Forest Zone
Cavite also lies in a monsoon forest zone, proven to be extremely beneficial for rainforest formation, created generally through the growth of indigenous vegetation. The rainforest area is categorized as a Protected Landscape with the remaining woods considered unclassified. Forest products such as bamboo are supplied from this region.
While part of the land is used for agriculture, the more built-up areas are utilized for residential and commercial use. According to the Census in 2007, there were 611,455 occupied residential units in Cavite. Tourism makes its presence known in the housing market in the form of leisure farms, golf courses and resorts.