Quick Answer
Boracay condominium prices range from PHP 2.5M (studio, Station 3) to PHP 30M+ (2BR, Station 1). Prices have appreciated approximately 38% since 2019 and are forecast to grow 6–8% annually through 2028. Pre-selling units are typically 15–25% cheaper than RFO.
Boracay Property Prices by Area & Type
| Property Type | Area | Size (sqm) | Price Range | Per sqm | Est. Yield |
|---|---|---|---|---|---|
| Studio Condo | Station 3 | 20–28 | PHP 2.5M–4.5M | PHP 100K–160K | 7–9% |
| Studio Condo | Station 2 | 22–30 | PHP 3.5M–6M | PHP 140K–200K | 7–8% |
| Studio Condo | Station 1 | 25–35 | PHP 5M–9M | PHP 180K–280K | 7–9% |
| 1BR Condo | Station 3 | 35–50 | PHP 4M–7M | PHP 100K–150K | 6–8% |
| 1BR Condo | Station 2 | 35–55 | PHP 5M–10M | PHP 130K–200K | 6–8% |
| 1BR Condo | Station 1 | 40–60 | PHP 8M–18M | PHP 180K–350K | 6–8% |
| 2BR Condo | Station 1 | 55–80 | PHP 14M–30M | PHP 200K–400K | 5–7% |
| Villa (leasehold) | Station 1 | 150–500 | PHP 20M–100M | PHP 100K–250K | 8–12% |
| Land (inland) | Various | 100–500 | PHP 3M–30M | PHP 20K–100K | N/A |
| Land (beachside) | Station 1–2 | 100–500 | PHP 50M–300M+ | PHP 300K–1M+ | N/A |
| Commercial Unit | Station 2 | 30–100 | PHP 5M–25M | PHP 150K–300K | 7–10% |
* Indicative price ranges based on 2025–2026 market data. Actual prices vary by specific property, floor level, view, and developer.
Historical Price Appreciation (2019–2026)
Boracay property prices have demonstrated strong resilience and recovery since the island's 2018 rehabilitation and the subsequent COVID-19 pandemic. The following index tracks average condominium prices relative to the 2019 baseline.
| Period | Price Index (2019=100) | Change |
|---|---|---|
| 2019 (pre-closure) | 100 | Baseline |
| 2020 (COVID impact) | 88 | −12% from baseline |
| 2021 (recovery begins) | 92 | +4.5% from 2020 |
| 2022 (reopening) | 102 | +10.9% from 2021 |
| 2023 (strong recovery) | 115 | +12.7% from 2022 |
| 2024 (2M visitors) | 128 | +11.3% from 2023 |
| 2025 (current) | 138 | +7.8% from 2024 |
| 2026 (forecast) | 148 | +7.2% projected |
Pre-Selling vs. Ready-for-Occupancy (RFO)
Pre-Selling (Off-Plan)
Advantages
- 15–25% cheaper than RFO
- Flexible payment terms
- First choice of units
- Potential for capital gain during construction
Considerations
- Construction risk (delays, developer default)
- 2–4 year wait for occupancy
- No rental income during construction
- Unit may differ from show unit
Ready-for-Occupancy (RFO)
Advantages
- Immediate rental income
- No construction risk
- What you see is what you get
- Faster title transfer
Considerations
- Higher price than pre-selling
- Less flexible payment terms
- Limited unit selection
- May require renovation
Frequently Asked Questions — Boracay Property Prices
The average price of a Boracay condominium depends heavily on location and unit type. Studio units range from PHP 2.5 million in Station 3 to PHP 9 million at Station 1. One-bedroom units range from PHP 4 million in Station 3 to PHP 18 million at Station 1. The most common investment range for foreign buyers is PHP 4 million to PHP 12 million.
Boracay property prices dipped approximately 12% during the COVID-19 pandemic in 2020 but have since recovered strongly. By 2024, prices had surpassed pre-pandemic levels by approximately 28%. The recovery was driven by the return of international tourism, strong domestic demand, and continued supply constraints under BIATF regulations.
Price per square meter in Boracay ranges from approximately PHP 100,000 per sqm for inland residential land in Station 3 to PHP 1 million or more per sqm for prime beachfront land at Station 1. For condominiums, prices range from PHP 100,000 per sqm in Station 3 to PHP 400,000 per sqm for premium units at Station 1.
Yes. Pre-selling (off-plan) condominiums in Boracay are typically priced 15–25% below the expected ready-for-occupancy (RFO) price. This discount compensates buyers for the construction risk and the time value of money during the construction period (typically 2–4 years). Pre-selling also offers more flexible payment terms.
Based on current trends, Boracay property prices are forecast to appreciate 6–8% annually through 2028. Key drivers include continued growth in tourist arrivals (targeting 2.5 million by 2027), ongoing supply constraints under BIATF regulations, and increasing international buyer interest. Station 1 properties are expected to outperform the broader market.
Written by the BORACAYNAVI Editorial Team · Last updated: January 2026 · This guide is for informational purposes only.