Properties for Sale in Balabag, Aklan, Philippines

Real estate in Balabag

The Aklan region in the Philippines is a popular destination for international home-buyers and investors, with Balabag being a superior choice if you're seeking your dream house or an apartment in an idyllic location boasting sun-kissed beaches. This stunning area in the province of Aklan, with its beachside location and traditional native huts, has been affectionately dubbed as "Barrio Hut Village" for its charming architecture and gorgeous surroundings. Before contacting a local property broker in Balabag, it's crucial to familiarise yourself with the local market, understanding the range of properties on offer, and estimating the cost of acquiring a vacation home in such a distinctive setting. The diverse real estate portfolio in Balabag caters to various tastes and budgets, making it a prime location for house hunting in the Philippines. Notably, the property market in this stunning locale positions it as a promising prospect for savvy investors and those seeking a beachside retreat.

Balabag properties: Market trends overview

Balabag's real estate market has seen a consistent rise in property values, drawing interest from foreign investors and purchasers, notably those based in European countries, Australia, the USA, and China. Balabag’s prime location on Boracay Island offers the perfect mix of a tranquil lifestyle with an energetic and active vacation, owing to excellent leisure facilities and beach clubs, along with easy access to the bustling island's main attractions. Balabag captures the essence of a vibrant beach town, a rich cultural experience, and a notable quality of life. The local authorities have, in recent years, amplified investment in the area's development, providing a range of property options for domestic and international home seekers. The selection includes contemporary townhouses, apartments, tropical-style villas, traditional native houses, and luxury penthouses. Locating property and apartments for sale in Balabag, Philippines, that cater to varying budgets and lifestyle preferences is straightforward, making this tropical paradise highly welcoming to foreign investors.

Average price of a property for sale in Balabag

What's the average price you should anticipate for properties in Balabag, Aklan? A definitive answer is tough due to the multitude of variables affecting the price, such as the kind of property, vicinity to cultural sites and beaches, facilities, and personal desires (high-end features, size, ease of access, and so on). Recent real estate data indicates that the maximum listed price for property for sale in Balabag, Aklan was PHP 97,340 per square meter. The priciest properties on offer are usually found in the White Beach-Boracay Island area, a popular tourist location. The more affordable regions, with an average cost per square meter of PHP 72,500, are typically located in the Balabag-Manggayad area. At present, the average listed price for a residential property hovers around PHP 13,900,000.

Types of properties can you find in Balabag

In Balabag, Aklan, Philippines, you can find a variety of properties that include condos, luxurious penthouses, waterfront villas, and traditional Filipino houses. The most desirable properties for sale are located within secure residential compounds. There you can find 3-4 bedroom condos with spacious balconies and double story homes. Intriguingly, these double story homes have separate entrances for each floor, each equipped with extensive balconies and private kitchens. Alternatively, you may consider a newly built villa situated in a prestigious location in Balabag, Aklan, boasting ocean views, within walking distance to the beach, providing an ideal residence. The property diversity in this area caters to various preferences, whether it's a modern lifestyle in a luxury penthouse overlooking the beautiful sea or a more relaxed pace of life in a conventional Filipino house nestled within the island's natural beauty.