Looking for a place for retirement in the Philippines is something that should be part of everyone’s life plans. Fortunately, the country is blessed enough to have a wealth of urbanized cities, sprawling metropolitans, laidback towns, and even secluded municipalities. Depending on your preferred lifestyle, there is, for sure, a place that can meet your needs. But what if you want the perfect mix between urbanized centers and orderly towns?
Enter Davao City. In this article, we will talk about all the perks of living in Davao and why it is considered one of the best places to retire in the country. We’ll specifically look at four important factors: cost of living, culture, environment, and economic opportunities.
4 Factors that Make Living in Davao Ideal for Retirement
When you retire, of course, you’d want to experience only the best things in life. Opt for peaceful, idyllic scenery to enjoy the fruits of your labor. Here are some reasons why you’re sure to get all this and more from the great city of Davao.
1. Cost of living
One of the biggest advantages of living in Davao is definitely the cost of living here. Davao living remains relatively more affordable compared to other cities. This is despite ranking as the second most competitive highly-urbanized city in the country next to Manila in 2020.
According to statistics from Numbeo, you only need ₱111,330 in Davao to lead the same standard of living that you can get from a ₱140,000 budget in Manila.
2. Culture and lifestyle
Another reason why living in Davao is a good retirement move is because of its overall culture. The place is popular for being one of the safest in the country thanks to its low crime rate. It has also consistently ranked in the top five list of the safest cities in Southeast Asia for consecutive years. In addition, locals are also known for being open and accommodating, even towards expats and tourists.
3. Environment
Davao is the largest city in the country in terms of land area and a considerable amount of it remains untouched or at least managed. Compared to the cities in Metro Manila, nature can still be easily accessed in Davao. It also has breath-taking geography and no shortage of locations that can be explored from natural parks to heritage areas.
4. Economic opportunities
Despite having a more laidback hustle-and-bustle culture than other major cities in Luzon, Davao City continues to be considered one of the country’s major economic pillars. In 2021, the city’s economy recorded a 5.9 percent growth with real estate, tourism, agribusiness, and manufacturing as its key investment drivers.
Discover More Advantages of Living in Davao
What makes living in Davao great is that it captures all the good sides of living in a developed, urbanized location and the beauty of a more laidback community. It has an accommodating neighborhood, a booming economy, a wide array of environmental and cultural spots, and a more affordable cost of living. All these factors combined make it a very conducive place for those who want to live a comfortable lifestyle after retirement.
Are you considering living in Davao? Johndorf Ventures can provide you with the home of your dreams here. As one of the best real estate developers in the area, we have successfully turned over quality but still affordable homes to those who want to settle in this part of Mindanao. Check out our properties and reserve your spot today.
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