Affordable Rent to Own House in Iloilo City

 

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The City of Iloilo is located in the Western part of the Visayas region. It is situated within the Province of Iloilo, which encompasses it as an independent city, one other component city, and over 40 municipalities. As of 2015, 2,361,042 people were recorded to have been living in the city. Getting to Iloilo from Manila may be via air or sea. Although the airport is located in Cabanatuan, which is around 18 kilometers from the city proper, the provincial port, which caters to the logistical needs of the businesses in the province, is located fairly close to the city. Once there, various public utility vehicles, such as jeepneys, tricycles, and taxis can take commuters and tourists to their destinations around the city.

The province is known as the Food Basket and Rice Granary of the Western Visayas Region, considering that its primary agricultural produce is palay, and the main sources of income therein involves fishing and marine product development. Its famous contributions to Philippine cuisine include the La Paz Batchoy, the Chicken Inasal, and the Pancit Molo.

The urban architectural design of the city was made by Juan M. Arellano. The design was highly influenced by the Garden City Movement by Sir Ebenezer Howard of the United Kingdom, which incorporated a sense of proportionality among residential, industrial, commercial, and agricultural areas. These areas were bordered and surrounded by what proponents of the movement call greenbelts.

The cost of purchasing a home in Iloilo can go from as low as Php3 million to as high as Php27 million, depending on the type of home and its location in the city. Foreclosed homes are also available, starting at around Php2.5 million. Renting a home, on the other hand, may be cheap or expensive, depending as well on the aforementioned factors. Current listings show that the cost of renting a home in Iloilo is at around Php80,000 a month. There may, however, be cheaper options with smaller houses located in areas outside or around the city.

 

 

The Former Queen City of the South

Find a rent to own house in IloiloThe City of Iloilo was once renowned as the Queen City of the South, a title that it earned not only due to the fact that the city was the second city in the archipelago to be declared a chartered city, next only to the capital city of Manila, but also because of the fact that it was, and is still, considered to house one of the major trading ports in the Visayan region, even prior to colonization. The title is currently being held by the City of Cebu, but Iloilo wants it back. With the rich fishing grounds, the fertile lands, and the sheer willpower of the people therein, the City of Iloilo is an economic force to watch out for in the Visayan region.

While it houses rich and bountiful fishing grounds dedicated to the breeding of fishes like lapu-lapu, tuna, and blue marlin, its fertile lands are filled with the palay grains that have earned it the title of the Rice Granary of Western Visayas. Needless to say, agriculture and fishery are the bread and butter of the people of the City of Iloilo. This is also bolstered by the fact that the Southeast Asian Fisheries Development Center, which provides research on marine resources, is located in the city.

Of course, bread and butter would not be complete without jam, and Iloilo finds its jam in the manufacturing industry that has started to thrive in the city. Various industrial companies dealing with the manufacture of agricultural, houseware, hardware, and other similar equipment, have set up shop in the city. Similar facilities dedicated to the manufacture of cans, electronics, and chemical products have also started to sprout therein. Finally, completing the meal would be a glass of milk. Iloilo’s milk is its successful logistical and tourism industries that have put the city on the map and kept people coming for years.

On one hand, the Port of Iloilo’s location attracts trade, considering that the Guimaras Islands protects the area from the harsh open sea. On the other, the reputation of the Province of Iloilo as the “Province of Festivals” attracts tourists from all over the world who would want to experience the art and culture that the famous Dinagyang Festival brings to the table. Of course, the Province also has a plethora of natural resources that may be enjoyed by tourists, including the mysterious caves of the Gigantes Island, the charms of Sicogon and its nearby islets, or the view of the Pan de Azucar’s silhouette in the town of Concepcion while being heralded the quaint stories and enchanting folklores of the Ilonggo people.

 

 

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