Best Properties for Expats to Rent in Cagayan de Oro
Cagayan de Oro, often referred to as the "City of Golden Friendship," is a thriving destination in the Philippines that attracts expats from around the globe. With its vibrant culture, welcoming locals, and burgeoning economy, the city has become a popular choice for those looking to relocate. For expats seeking the best properties for rent, here is a guide to some of the top options available in Cagayan de Oro.
1. Modern Condominiums
Modern condominiums in Cagayan de Oro offer a stylish and convenient living experience. Areas like Centrio and Pueblo de Oro are home to several high-rise residential complexes equipped with amenities such as swimming pools, gyms, and 24-hour security. These condominiums typically feature one to three-bedroom units, catering to individuals, couples, and families alike. Rent prices range from PHP 15,000 to PHP 30,000 per month, depending on the size and location.
2. Affordable Apartments
For expats on a budget, Cagayan de Oro offers a variety of affordable apartments. Neighborhoods such as Nazareth and Gusa provide options where rent can range from PHP 8,000 to PHP 15,000 per month for cozy one-bedroom units. These areas are typically close to public transportation and essential amenities, making them ideal for those who prefer a more local experience without breaking the bank.
3. Houses for Rent
For those looking for more space, renting a house might be the best option. Cagayan de Oro has numerous houses available in both gated communities and standalone properties. Popular residential areas like Xavier Estates and Shepherd’s Hill boast family-friendly neighborhoods with parks, schools, and shopping areas nearby. Rental prices for houses generally start around PHP 20,000 per month and can go up to PHP 50,000 for larger properties.
4. Serviced Apartments
Serviced apartments are great for expats who prefer a hassle-free living arrangement. These properties come fully furnished and often include utilities and housekeeping services in the rental price. Ideal for short-term stays, serviced apartments in Cagayan de Oro can be found in central locations and range from PHP 25,000 to PHP 50,000 per month, depending on the level of service and amenities offered.
5. Eco-Friendly Homes
As sustainability becomes a priority for many expats, eco-friendly homes are gaining popularity in Cagayan de Oro. These properties often utilize renewable energy sources and promote sustainable living practices. Areas such as Upper Balulang and Indahag present newer developments that focus on environmental conservation and modern design. Rental prices for eco-friendly homes typically range from PHP 20,000 to PHP 40,000 per month.
6. Proximity to Key Areas
When choosing a rental property, it’s essential to consider proximity to key areas such as workplaces, schools, and recreational facilities. The city’s efficient public transportation and growing road infrastructure make commuting relatively easy. Neighborhoods close to major business districts, shopping malls like Limketkai Center, and educational institutions will often command higher rents but offer the convenience that many expats require.
Conclusion
Cagayan de Oro presents a diverse range of rental options for expats, catering to various preferences and budgets. Whether you’re looking for a modern condo, an affordable apartment, or a spacious house, the city’s growing rental market has much to offer. By considering the type of property, location, and budget, expats can find the perfect home that complements their lifestyle in this welcoming city.
