Have you ever gone to a local or international tourist spot and wondered what it would be like to live there? Ever wondered what the locals think of you taking pictures in a place where they can see everyday?
If you’re thinking about moving to a touristy area, read ahead to find out the pros and cons of living in a tourist destination here in the Philippines.
Advantages of Living in a Tourist Location
Instagrammable Destinations
The main vantage point of living in a tourist spot of a city is you never run out of things to do! As a travel destination, there’s always going to be an occasion and you get to experience different kinds of events ranging from concerts and trade shows, to sports cup and social events. Additionally, there’s also going to be an influx of business such as new restaurants, cafes, shopping malls, and recreational parks. Having continuous growth in the economy brings us to the next point.
Economy and Transportation
The rise of tourists in the area means a huge booster for the city’s economy. The number of tourists per year greatly affects different business industries like the Philippine real estate industry and the commercial sector. Local and foreign visitors and OFW investors play an important role by visiting the city destination because these markets might acquire properties that they could generate side income.
Friends and Family Will Surely Visit
If you live in a house and lot in the Philippines with a lot of famous tourist spots, then surely your friends and family would want to visit you often. You can take them to the famous tourist spots and hidden gems in the city as well as giving them a personal tour of your master planned community.
Disadvantages of Living in a Tourist Location
Overcrowding
While it's great that you wake up to scenic views and fresh air, a downside of purchasing a home in a travel destination city is the amount of large crowds everyday. You’ll see crowded spaces in between shopping malls and famous spots because naturally, travel goers would want to have the vacation experience and take a few pictures.
Higher Cost of Living
Although this doesn’t apply to every tourist location, you should expect a higher cost of living when you live in a city bustling with tourists everyday. The closer you live to the main tourist attractions in the area, the higher your daily expenses will be.
Destruction of Tourist Attraction
A big disadvantage of living in a famous travel destination is you get to see firsthand how tourists disrupt the natural beauty of the area by pollution. Take the great Boracay for example. The world-class resort island had to be closed off to tourists for 6 months in order for the island’s rehabilitation and clean-up drive to take place.
One of the important things to consider when looking for a home or real estate investment in the Philippines is whether you’d like to settle down in a touristy area or a place seldom visited by tourists. In the Philippines, there are several condo developers located in cities with high tourism growth. Their condo developments are either just a short drive away from travel destinations or right at your front door.
This article originally appeared in Vistaland International's blog. Click here.
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Be careful though, you might end up being culture shock.