If Metro Manila has Makati City and Mindanao has Davao City, the island of Visayas considers Cebu City as its trading and finance hub. Located in Metro Cebu, the second-largest metropolitan area in the country, Cebu City has become a global hub for BPOs, shipping, tourism, furniture-making, and heavy industry. With the Cebu IT Park development, you have more choices when selecting the best commercial space for rent in Cebu City, Cebu for you and your business.
Locals and tourists in Cebu could be your primary target market or ideal employees. To make your business more accessible to residents, it is best to select commercial spaces near subdivisions in the city such as:
Condominium projects found in and near Cebu City are:
If your business or company offers products and services for students, make sure to lease a commercial space for rent in Cebu City, Cebu near these educational institutions:
Rental rates in Cebu’s CBDs are lower than in Metro Manila. That is why a growing number of investors and entrepreneurs are choosing to establish their businesses in this city.
For start-ups or businesses who need a small space, you can lease 50- to 120-square meter offices at Park Centrale, Cebu IT Park for PhP 68,400 to PhP 93,200 a month. For a company with 15 employees, you can lease a 500-square meter commercial space for rent in Cebu City, Cebu, for PhP 117,000.
Aside from the fact that rental fees of commercial spaces in Cebu City are affordable, food items and other supplies are also affordable. Establishing your company in Cebu enables you to expose your business to the market in the Visayas. Moreover, you also get to work with talented and educated professionals residing in Cebu and other parts of Visayas.
“Ceboom” (Cebu + boom) or the booming economic development of Cebu is heavily influenced by tourism so starting a business that caters to the needs and wants of tourists and residents is sure to prosper in this city. If you own a vacant residential property in Cebu, such as a house and lot, condominium unit, or apartment building, you can lease these to tourists to earn passive income.
You can also open a restaurant, translating and copyediting services, or co-working spaces in a commercial space for rent in Cebu City, Cebu.
Yes. There are over 130 commercial spaces for rent in Banilad, with a monthly rental fee ranging from PhP 10,000 to PhP 1,280,000.
Yes. If you are interested in owning a 119-square meter office space, you can purchase one for PhP 17,850,000.
Can I purchase a lot for sale in Cebu City, Cebu?
Yes. If you want to buy a commercial lot, one is found in Talamban with a total land size of 43,230-square meters sold for PhP 1,296,900,000 or PhP 30,000 per square meter.
If you are interested in a residential lot, a budget of PhP 550,000 to PhP 12,312,000 is ideal.