San Vicente Real Estate
Your One Stop Shop
for San Vicente PalawaN
Real estate
Looking to invest in an upcoming beach development? Think Boracay in the 80’s. Before the crowds and the developers, San Vicente has undeniable potential as the “Last Frontier” of Palawan, a place not yet discovered by the vloggers and travel influencers but is ripe with infrastructure plans on the cusp of turning this place into the country’s next paradise destination.
Welcome to San Vicente
In this video we share our discoveries exploring Palawan’s last frontier and why we think the real estate potential of this area is astronomical. We also discuss the curious reason why this underrated tourist hot spot has yet to take off and the factors which makes this place, what we believe to be the true successor to Boracay. For property hunters, all these signals point to a lucrative investment that we have been keeping an eye on for the past year.
Me on the Alimanguan “tandol”. October 2024.
Why San Vicente?
I’ve been to San Vicente 4x in the search of real estate investment opportunities for my clients, and I believe that this area is ripe for growth but at the moment stays relatively below the radar. This means, San Vicente palawan property prices are significantly more affordable than more established beach destinations in the country such as Boracay, Bohol and even compared to other Palawan markets such as El Nido or Puerto Princesa. Keep reading for the most compelling reasons why San Vicente should be on your map for possible investment potential.
The Location
NOTORIETY – The name Palawan is a world famous brand in itself, that is frequently mentioned in world’s “Best Beach” rankings year after year. Just think about how beautiful Palawan is and how many world-class beaches are in that area alone: El Nido, Puerto Princesa, Coron, Culion, Balabac, Port Barton, even Aman Pulo. San Vicente is in the middle of all these.
ACCESSIBILITY – And it has its very own AIRPORT, a key infrastructure that connects it directly to Metro Manila. It also has the LONGEST WHITE BEACH in the country, spanning 14km. While it’s not as pale white as Boracay, that’s 4x longer than Boracay’s entire beachfront. And for that powder white sand, there are plenty island hopping spots nearby that offer exactly that. Now, behind the long beach seafront is hectares of farmland for farm to table opportunities and mountains which add another layer of breathtaking views.
The ACTIVITIES it offers include a complete array of water and land sports which include surfing, snorkeling, diving, waterfalls, kayaking, mangroves, caves, island hopping and mountain climbing, which you rarely see in one place.
The Masterplan
The biggest consequence of over development of beach destinations are the environmental impact of pollution which comes from poor masterplanning. When new developments neglect to put the foundations of good water systems, waste management, road plans, use of land, and eco-friendly build restrictions, it is nature which pays the price. Similar to the pollution woes that affect Boracay and other beaches in the world.
But in San Vicente, the world renown masterplanner Arch. Jun Palafox, was hired by the government to create a comprehensive study designed to protect the environment which bringing more opportunities to the human population of the place. This first of its kind masterplan has never been done in the country and is strictly enforced by Tieza.
Tieza is the task force assigned to uphold the masterplan and ensure that developers build responsibly to protect natural wonders of the area.
The Situation Now
San Vicente currently looks and feels like boracay 20 years ago. With only a handful of establishments throughout its beach front. There are not a lot of transportation options as well, unlike Boracay’s established tricyle system. Most tourists will need to rent a bike for around P500-P700 or a vehicle from Puerto Princesa which sets tourists back by P1200/day at least.
Despite these drawbacks it makes San Vicente prime with business potential. Despite the lack of activity, big developers already recognize the potential of this area and are buying up real estate left and right. The biggest and the most active developer is Megaworld, with Paragua Coastown, a project under their subsidiary Global Estates Resorts Inc. They are building a massive 462-hectare masterplanned development with international hotel chains, condominiums, resort homes, a hospital and more.
Oct 2023 – Me droning Paragua Coastown updates for clients.
Developer Lots in Palawan: Paragua
This is why we recommend Paragua for client who prefer property that offers the peace of mind a reputable company like Megaworld can provide. The due dilligence process is much simpler getting lots from a developer versus roughing it out on your own. Many resale lots in Palawan are still tax dec lots so you as a buyer would need to trust your broker to make sure everything is clean. Another benefit of buying from a developer is you have the convenience of financing your investment through their in-house payment terms. For resale lots in Palawan transactions are mostly done with cash.
We also admire the concept of Paragua, which is marketed as a retirement-friendly community with their innovative Active Adult concept which offers property owners amazing facilities and services geared for retirees. More on that here.
Our guide to Paragua, send us a message for the updated inventory. We are an accredited brokerage by the developer.
Resale Lots: Alimanguan & Long Beach
Now don’t get us wrong, promoting Paragua and developer lots doesn’t mean we don’t shy away from resale lots or raw land. We just want to set expectations that developer lots are for a certain kind of investor who wants low risk investments and a done-for-you development with strong lifestyle components. Resale or raw land is best for those who are fine with high risk, high pay off and have their own vision that they want to achieve with their propert. For example, if you want a massive beach front, large plots of land, that’s below marketprice, we can find you a one that ticks off all boxes but it will also be under tax dec, meaning the title is not ready yet. You would have to wait for the property documentation to be processed but you will get what you want.
However, another caveat is that resale and raw land are not necessarily cheaper. Lots like this can already range from P3,000/sqm to P15,000/sqm depending on which area of San Vicente.
One area that we feel has massive potential is Alimanguan in San Vicente. To help you understand this fishing village, check out the video we created below.
From Alimanguan, Kemdeng to New Canipo, we’ve combed through San Vicente studying the pros and cons of each area, talking to different sellers, agents and brokers in the area where we have gathered an inventory of 100+ lots for sale. So if you are interested in learning more about the area, we highly suggest talking to our founder Daniel Alleje. He is both a Licensed Real Estate Broker and a Licensed Real Estate Consultant and he has personally studied the area. He is familiar with the market, and the particulars of investing in Palawan as someone based in Metro Manila.
Finally, since we are a freelance and independent entity, we can help match you to right property without bias to either developer or resale properties across Palawan.