Yes I saw some real estate review just the other day where it says that lately, Cebu real estate have really been ringing like wedding bells and selling like hot cakes. This could be because the local government is promoting the place as a leisure and relaxation place for people. many tourists also have been trying to visit the place and they must've seen how great it is to see all the beautiful real estate property there.
By the way, there is an ongoing SEO contest called as the Cebu SEO contest which partially really helped to promote the place as a real estate venue for people who are looking to invest and buy.
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