Puerto Princesa is synonymous to the iconic Underground River, a Unesco World Heritage Site, New Seven Wonders of Nature awardee and a Wetland of International Importance (Ramsar Site).
Beyond this natural wonder, this bustling city in a tropical paradise is seen as ideal for business, leisure and perhaps, relocation. Centrally located in Palawan and adjudged by Travel + Leisure as “The Best Island In The World,” Puerto Princesa is the province’s hub of commerce, education, governance, tourism and real estate, as well as air, land and sea transport. It is accessible from various Philippine and Asian cities via its three-year-old, P2.6-billion international airport that can host up to 2 million passengers annually.
This capital city is the gateway to all points in Palawan, including the resort town of El Nido and the Tubbataha National Marine Park, which is among the globe’s most biodiverse dive sites and another Unesco World Heritage Site.
Daluyon Beach and Mountain Resort
Chartered in 1971 as a component city, it was founded by Spanish colonizers in 1872 and was named “Puerto dela Princesa” after Spanish Princess Asuncion. It is the Philippines’ second largest city, with a population of 285,000, sprawled across an expanse of 2,193 sq. km. Its moniker, “City Within a Forest,” was due to the fact that 73 percent of its area consists of forest land.
BUSINESS
BUSINESS
BUSINESS
It comes as no surprise that Puerto Princesa has caught the eye of Filipinos and foreigners as an attractive relocation or retirement place with its blend of nature and urban living. Add to these is the fact that the city is not prone to typhoons, earthquakes and volcanic eruptions, and has an excellent peace and order situation.
In recent years, it has seen increased demand for goods and services due to the 3.4 percent annual population growth brought about by in-migration, urbanization, influx of tourists, and increased local purchasing power. And with the vast opportunities of being an economic powerhouse, property developers can’t be far behind.