In the sunny coastal town of San Vicente, nestled along the beautiful shores of Long Beach, investors find themselves at a crossroads – should they invest in beachfront properties or opt for commercial lots near the beach? Both options come with their own set of pros and cons, but understanding the intricacies can lead to a sound investment decision.
Understanding the Beachfront Challenges:
Beachfront properties in San Vicente are undeniably alluring, but they come with unique challenges. The local regulations mandate a setback of 50 meters from the high tide point, a zone that is non-buildable. This setback, twice the usual requirement in most coastal areas in the Philippines, serves as a proactive measure considering the future impacts of climate change. However, for small property owners, this setback can significantly impact their development plans, forcing them to reconsider the scale of their projects.
Additionally, the proposed bike lane, situated 50 meters from the high tide point, poses both an opportunity and a challenge. While it enhances foot traffic, it may limit the exclusivity of resorts for guests seeking a more private experience. Moreover, strict regulations permit only movable, non-permanent, and lightweight improvements within the first 50-meter zone. For investors eyeing swift returns on investment, this means a prolonged waiting period before they can establish substantial fixed amenities.
Furthermore, concrete improvements are allowed only after the first 100 meters from the high tide point. This restriction could severely limit property owners with small plots, leaving them with a minimal area for permanent structures. The presence of a road at the property’s back can further diminish this space due to additional setbacks.
The Appeal of Commercial Lots Near the Beach:
Amidst these challenges, commercial lots near the beach emerge as a viable alternative. Investors are increasingly drawn to these properties within walking distance of the beach for several reasons:
- Cost-Effectiveness: Commercial lots come at a lower price point than beachfront properties, allowing investors to acquire a larger chunk of land for their ventures. This affordability opens doors to expansive projects and greater development opportunities.
- More Developable Areas: Unlike beachfront properties constrained by setbacks and non-buildable zones, commercial lots offer more developable areas. Investors have the flexibility to design and construct a variety of amenities without being confined by stringent regulations.
- Fewer Restrictions: Commercial lots generally have fewer restrictions compared to beachfront properties. Investors can navigate the planning and development process with greater ease, enabling them to bring their visions to life without unnecessary hindrances.
Making the Informed Choice:
Investment decisions should align with individual goals, budget constraints, and risk tolerance. For those with the financial capacity to accommodate the beachfront regulations, the allure of owning a slice of paradise with a relaxing ambiance cannot be overstated. However, for investors seeking cost-effectiveness, larger development opportunities, and fewer constraints, commercial lots near the beach present an attractive proposition.
Consideration of factors such as budget, long-term goals, and willingness to navigate regulatory challenges is essential. It’s not just about the property itself but also about the vision you have for it and how well that vision aligns with the existing regulations.
In the end, whether you choose a beachfront property or a commercial lot near the beach, San Vicente’s charm and potential for growth make it an enticing investment destination. By understanding the nuances of each option and aligning them with your aspirations, you can make a well-informed decision that paves the way for a successful and fulfilling investment venture.