by Lionunion 
Zambales is a province in the Philippines located in the Central Luzon region. Its capital is Iba. Zambales borders Pangasinan to the north, Tarlac and Pampanga to the east, Bataan to the south, and the West Philippine Sea to the west. With a land area of 3,645.83 square kilometers, it is the second largest among the seven provinces of Central Luzon.
An Overview of Zambales
The province is noted for its mangoes, which are abundant from January to April. Zambales does not have a functional airport – the closest functional airport is Clark International Airport in Angeles City, Pampanga. Subic Bay International Airport, which is located in Cubi Point (Subic) is no longer functional. It also has one of the longest coastlines in the Philippines, with numerous fine beaches and resorts.
Zambales is subdivided into 13 municipalities and 1 highly urbanized city, Olongapo, which is independent of the province. The municipalities are: Botolan, Cabangan, Candelaria, Castillejos, Iba, Masinloc, Palauig, San Antonio, San Felipe, San Marcelino, San Narciso, Santa Cruz, and Subic.
As of the 2020 census, the province has a population of 645,414. The economy of Zambales is basically agricultural. Products consist of rice, corn, and root crops. They also have livestock and poultry industries. The province is also rich in natural resources such as copper and chromite.
Regarding the real estate market, Zambales has been a popular location for both local and foreign tourists, especially those looking for beachfront properties. The Subic Bay area, in particular, has seen significant real estate development, with numerous hotels, resorts, and residential developments being built in the area.
Exploring the Cities of Zambales
Subic
Subic is a first class municipality in the province of Zambales, Philippines. According to the 2020 census, it has a population of 110,622 people. The municipality covers an area of 287.79 square kilometers.
Subic is known for its historic past, being one of the last Spanish naval bases in the Philippines. It was also a major shipyard for the U.S. Navy during the American colonial period. Today, it is known for the Subic Bay Freeport Zone, a former U.S. naval base in the Philippines that was converted into an industrial and commercial area. The Freeport Zone is operated and managed by the Subic Bay Metropolitan Authority and hosts numerous companies, including shipping, logistics, and manufacturing firms.
The economy of Subic is largely based on its commercial and light industries. The presence of the Subic Bay Freeport Zone has attracted numerous businesses and investors to the area, contributing to its economic growth. The Freeport Zone offers various incentives for businesses, including tax and duty-free importation and streamlined government procedures.
In terms of the real estate market, Subic offers a range of options from residential to commercial properties. The development of the Freeport Zone has led to an increase in demand for housing and commercial spaces. Property prices in Subic are generally lower compared to Metro Manila, making it an attractive location for both local and foreign investors. The real estate market in Subic continues to grow, driven by the ongoing development in the area.
Source: wikipedia
