The city of Butuan, long regarded as the gateway to other key destinations in Mindanao, has transformed itself into a vibrant and booming economy throughout the years. Hence, it is the perfect timing to invest in Butuan.
Its rich history, which dates back to pre-colonial times, tells us that Butuan was already engaged in trade and commerce long before the coming of the Spaniards. As early as the 10th century, they have engaged trades with Vietnam, Indonesia, and other Asian neighbors. Archeologists have unearthed artifacts such as the Balangay which they used in plying trade. The ruins of these Balangays are kept in the Butuan National Museum and has become a major attraction to tourist traveling the city.
Today, Butuan is classified as a first-class, highly urbanized city since 1995. It has consistently placed as one of the Most Competitive Cities by the National Competitiveness Council of the Philippines, thus becoming a major investment hub in the country.
Check out the Top 5 reasons why you need to invest now in Butuan, the “First Kingdom in Mindanao.”
Top 4 Reasons to Invest in Butuan
1. Butuan is the Center of Economic Growth in the CARAGA region.
Butuan is the central hub of trade, commerce, industry, and administration in the CARAGA Region. It is a high driving factor for commercial influx in the city. Indeed, you have the leverage when you invest in Butuan.
Investing in Butuan can be fruitful with its continuously growing economic indicators. Butuan is a major contributor in CARAGA’s growth rate. This is supported by the many business ventures that have opened in various fields, reflecting the city’s promising growth.
In 2012 and 2014, Butuan was included in the ranks of the Most Competitive City by the National Competitiveness Council in the Philippines.
Real estate is currently on the rise with the coming in of major industry players in the city. There’s a rise in housing construction of different types in order to meet the growing demand in the region. Investing in real estate properties has been proven time and again for its high return in value for money.
The presence of commercial and industrial establishments such as hotels, commercial centers, offices, parks, malls, and other establishments helps boost the city’s economic activities.
Car dealers, Banks, financial institutions, insurance, telcos, and other consumer industries are also continuously expanding in the city. The Bangko Sentral ng Pilipinas also has a regional office in the city.
Butuan has a well-performing gold trading industry. In terms of agricultural products, rice, bananas, coconuts, poultry, shrimp, and milkfish are abundant. The major industries of the land are rice milling, food processing, wood processing, furniture, fuel distribution, shipbuilding, and construction. The manufacturing industry, as well as solar and hydroelectric power, are also expanding.
2. Major Infrastructures Boost Returns when you Invest in Butuan
Major thoroughfares and bridges were constructed to connect Butuan City with Davao, Cagayan de Oro, Surigao, and Tandag.
Butuan’s airport, Bancasi Airport, is one of the busiest airports in the country, served by the local airlines. It is also the largest in the CARAGA region.
The Masao Port supports the city’s incoming and outgoing of cargo shipments. The nearby Nasipit International Port also provides support to Butuan’s shipping needs.
Traveling by land can be done thru public transportation like vans, buses, multicabs, jeepneys, taxis, etc.
One of the major bridges in the city is the Macapagal Bridge. Soon to open is the Butuan-Magallanes Road in 2022.
The Butuan Polysports Complex, started in 2013, was set to be one of the biggest sports facilities in the country. However, the enormous facility remains to be completed up to this day.
3. Butuan has its Highly-Skilled Workforce
Butuan is CARAGA Region’s center of education. The schools and universities in the city are one of the top educational institutions in the region. Some of the top universities in Butuan are Father Saturnino Urios University, the Caraga State University, and Saint Joseph Institute of Technology.
Over the years, Butuan City has produced many top-notchers in board exams and different licensure exams. Graduates of various degrees have a high literacy rate, making them a suitable candidate for employment.
4. Invest in Butuan’s Vibrant Tourism Industry
Aside from serving as a gateway to other destinations in Northern Mindanao like Cagayan de Oro, Davao, Siargao, and Surigao, Butuan City is a tourism destination with a rich history and bountiful natural wonders.
Dubbed as the “First Kingdom in Mindanao” because of the early civilization that existed in the area long before the colonizers came, Butuan boasts of many tourist spots that vary from historical landmarks, museums, big infrastructures, etc. There are also a number of festivals and local delicacies that reflect the culture and life of the Butuanons.
History buffs who enjoy learning history and exploring the ancient Philippines during the Pre-colonial times will find themselves amused with the historical sites in Butuan. The Butuan National Museum will allow you to discover the roots of early Philippine civilization. The remains and artifacts of the original Balanghai, a large wooden boat used for trading back in the precolonial days, can be seen in the Balanghai Shrine. You may also visit the Balanghai Boat Building Site where a replica of the Balanghai was built using the same wood and materials during those times.
The Bood (Bud) Promontory and Eco Park, meanwhile, isbelieved to be the place where the first Christian Mass was led by Ferdinand Magellan on March 1521. Located in Barangay Masao, the park has statues of Spanish conquistadores and natives to commemorate the site of the first mass and the planting of the Holy Cross. The place has cottages for picnic and a beautiful view of Masao River and Butuan Bay.
Another historical place to visit is the Magellan’s Anchorage believed by Butuanons as the site where Magellan first anchored his ships. The island, now called as Masao, was formerly known as Mazawa by the natives which means “bright light.” In the area, guests can also enjoy the nearby beach.
Further to the historic tour in Butuan, do not miss the chance to visit the Bonbon Shell Midden.The shells displayed at Bonbon Shell Miden are all pre-historic dating back to the Neolithic period or around 7000 years ago. Human skills and fingers can be found in the midden. A midden is a pile of trash of pre historic human bones and animal tusks.
Aside from visiting historical sites, travelers can also enjoy the famous tourist spots in Butuan. Explore Butuan’s most visited parks, rivers, and experience the city’s vibrant culture.
The Magsaysay Bridge, abridge named after the late President Ramon Magsaysay, is an important gateway that connects the east and west parts of the Agusan River. The bridge offers a nice view at night of the city center and the river bank.
One can also visit the Banza Ruins, a place where a Catholic Church once stood before it was burned by Moro Pirates in 1753. The church was the first Catholic Church in Mindanao consecrated by a Jesuit missionary in 1597. The ruins of the church are covered by a huge Balete tree.
The Guingona Park is another popular spot if you want to take a stroll or just hang out. It iswhere the Shrine of the Philippine flag stands to commemorate the first raising of the Philippine flag in Mindanao on January 17, 1899. A monument of Jose Rizal done by sculptor Garcia Velarde in 1935 also stands in the park. Surrounding the park are century-old Acacia trees.
Another tourist spot you can check out is the Delta Discovery Park located in Brgy. Bonbon, Libertad. Adventure seekers can try the longest zip line in the whole of Asia which is 1.3km long.
Experience a unique wine tasting in the Nipa Distillery that features the local wine called Laksoy. It is made from the local Nipa palm where the sap is tediously processed and made into wine.
The Agusan River is a major attraction in Butuan as it is the third largest river basin of the Philippines. Aside from being the catch basin of the CARAGA region, the river also serves as the habitat of the biggest Philippine Salt Water Crocodiles in the world including like the world famous “Lolong,” who is considered to be the world’s largest crocodile.
Those looking for a hiking adventure will enjoy the trails of Mount Mayapay. It has a beginner- friendly peak that even the non-pro hikers can enjoy.
Church goers can visit some of the most popular churches in Butuan like the St. Joseph Cathedral, also known as the Diocesan Shrine of Butuan, and the Sto. Nino Church. The St. Joseph Cathedral features a glass- stained panel that depicts the life of its patron St. Joseph. The Sto Nino Church, meanwhile, is a relatively new church that has become a favorite among the Catholic faithfuls. The church honors the Sto. Nino thru a festival that comes to the streets in January of every year.
Make sure to try Butuan’s finest native delicacy, the Palagsing. It is made up of brown sugar, coconut, and unaw, and sago. Unaw is derived from Palm Trees that grow in Mindanao. The authentic Palagsing is made from Brgy. Banza. Butuan is home to many festivals that showcases the city’s rich traditions. Festival season starts in January with the Kahimunan Festival to celebrate the feast of Senyor Sto. Nino. In May, the Balangay Festival and the Butwaan Festival kick off the festivities to honor the feast of St. Joseph. The Abayan Festival and Unaw Festival follows in June to showcase their culture. Finally, the Palagsing Festival and Adlaw Festival are celebrated every August as a thanksgiving for Butuan’s rich history.
With these 4 reasons, Butuan holds a great potential in attracting future investors. The highly urbanized city sees a bright future with its current economic growth and the influx of businesses in the recent years. Butuan is hailed as CARAGA’s central hub for commercial and retail developments in the region. It also serves as a gateway to many tourist destinations and business opportunities in Northern Mindanao.
Why Invest in Butuan at Camella Manors Soleia?
Looking for an affordable real estate investment in Butuan? Find the most affordable condo in Butuan here.
Camella Manors Soleia is Butuan’s latest real estate player. Last January 2021, Butuan and the whole CARAGA region saw the groundbreaking of its first-ever condominium project. Camella Manors is Vista Land’s newest mid-rise condominium brand located in the regions and nearby provinces of Metro Manila. It promotes an all-in lifestyle needs and resort-themed amenities that will cater to young professionals, starting families, investors, and Overseas Filipino Workers (OFWs). Camella Manors Soleia is set to become the tallest residential structure in Butuan City.
Located at Montalban St., Villa Kananga, Butuan City (just across Camella Homes Butuan), the condo project is set to rise four 7-storey buildings with a resort-themed condo amenities. The first building Avior has a total of 119 affordable pre-selling units.
The affordable condo in Butuan offers premium amenities like an adult pool, kiddie pool, fitness gym, function area, playpark, jogging trails, and commercial strips. The condo is also fully equipped with a 2-high speed elevator system, CCTV-security system, and a water-sprinkler system. It also adopts a pet-friendly community and promotes smart condo living.
Soleia is strategically located close to the city center, making it accessible to many essential establishments such as shopping malls, schools and universities, medical centers, and infrastructure developments. From Manila, you can reach Camella Manors Soleia with just a two-hour flight.
Interested buyers can reserve a unit online via PesoPay. For more information, check the Camella Manors website at www.camellamanors.com.
