At present, buying a house in Dumaguete can cost Php1.7 million to Php30 million depending on its location, lot area, and type of structure. There are a variety of homes in the city currently listed on the market, from two-bedroom townhouses to spacious mansions that have swimming pools and huge gardens built in sprawling areas.
The highly regarded Silliman University, a private research university established in 1901 as Silliman Institute by Presbyterian missionaries, is located in the city and is the first American university in the Philippines and in Asia. Not only is the university known for its topnotch academic programs such as marine biology, journalism, and creative writing, but its seaside location and access to nearby facilities have often been the envy of many academics and students alike. The 610,000 square meter campus is not only adjacent to but is intermixed with the city’s downtown district, with some of its buildings recognized as Dumaguete’s more popular landmarks.
Dumaguete is often referred to as a premier university town not just because of Siliman’s presence in the city but those of other institutions as well, including St. Paul University and Negros Oriental State University.
Tourism, a lively business process outsourcing sector, and the presence of several information technology firms also generate a ton of economic activities in Dumaguete.
Dubbed as “The City of Gentle People,” residents and visitors alike often describe Dumaguete, which is also the provincial capital of Negros Oriental, as perhaps the country’s quintessential college town. It is a popular educational destination for students in nearby provinces and cities. With its 18 public elementary schools and 8 public high schools in Dumaguete, the city’s student population is estimated at 48,000.
Many of these students eventually go to college and often stay in the city after graduation, often settling down by purchasing a house and lot for sale in Dumaguete. They’re often mesmerized by the city’s allure of a laidback yet energetic lifestyle, as well as the job opportunities available in the BPO and IT firms in the area. Many consider Dumaguete as a melting pot of students, professionals, artists, scholars, and literary figures who come from other parts of the country and other corners of the world.
Among the many businesses that have established operations in Dumaguete are call centers, publishing, medical transcription, architectural outsourcing, and animation. With over 20 BPO and IT firms in the city, Dumaguete is fast becoming an important hub for the BPO and IT industries in the Visayas.
A considerable number of foreign and local tourists visit Dumaguete on a regular basis. Some of these visitors decide to stay permanently by buying a house and lot for sale in Dumaguete, either as a dedicated residence or vacation house.
The city has easy access to nearby islands in the Visayas, such as Cebu and Siquijor, which are popular tourism destinations as well. For others, particularly those who are into diving, Dumaguete is often the jump-off point to the world-famous Apo Island, which is located in Dauin.
Apo Island is one of the top dive sites in the country and in the world, thanks to its rich natural marine resources that include 650 documented fish species and 400 different kinds of corals. Magnificent white sands and fantastic rock formations dot the terrain of this protected marine sanctuary. Dumaguete is also the jump-off point to Bais, a coastal town in Negros Oriental famous for its whale-watching and dolphin-watching activities.
Because of what Dumaguete has to offer and the accessibility of several nearby tourism destinations, Forbes Magazine has ranked the city fifth in its "7 Best Places to Retire Around the World." For this reason, anyone looking for an idyllic place to settle down later in life should buy a house and lot for sale in Dumaguete.
Dumaguete also plays a pivotal role in the country’s telecommunications infrastructure. It hosts fiber-optic lines and serves as a focal point and a landing point for fiber optic cables that link it to the Visayas, Manila, Luzon, and Mindanao areas. The city’s power source, on the other hand, comes from the geothermal power plant in Valencia.
Dumaguete’s airport is located in nearby Sibulan town and serves as the air transport hub in Negros Oriental. However, a new international airport to be located in nearby Bacong is on the drawing board to accommodate the increasing number of tourists and visitors who come to Dumaguete to either study, work, or as tourists. This airport is targeted to start its operations by 2025.
With all these upcoming developments underway, there’s no doubt that the price of real estate in the area will rise. These circumstances mean that the best time to buy a house and lot for sale in Dumaguete is now since current property values are quite affordable.
As a major port city, Dumaguete is a jump-off point for passengers traveling to other parts of the Visayas and Mindanao. There are daily ferry connections to Cebu, Bohol, Siquijor, and Mindanao.
Motorized tricycles are the main form of public transportation in Dumaguete. It can fit six to eight passengers and travels to the city’s outskirts, where jeepneys and buses are available for those who want to go to other towns and municipalities in Negros Island.
If you’re looking to settle down in an idyllic yet progressive location outside of Metro Manila, then you should consider buying a house and lot for sale in Dumaguete. This vibrant city is the ultimate live-work-play destination.
Frequently Asked Questions
Is there a 3-bedroom house and lot for sale in Dumaguete?
Yes, there are over 14 3-bedroom houses and lots for sale in Dumaguete. These spacious properties are ideal for growing families.
Is there a house and lot for sale in Dumaguete with a balcony?
Yes, there are about 26 houses and lots for sale in Dumaguete with a balcony. Balconies are value-adding features of a house that you can use to relax in or as extra storage space.
Is there a house and lot for sale in Dumaguete with a swimming pool?
Yes, you can find around 10 houses and lots for sale in Dumaguete with a swimming pool. You don’t have to travel far to feel like you’re in a resort when you have a swimming pool in your own home.