by Lionunion 
Albay is a province located in the Bicol Region of the Philippines. Its capital is the city of Legazpi, which is also the regional center of the whole Bicol Region. The province is known for its iconic Mayon Volcano, which is considered the world’s most perfect cone-shaped volcano.
An Overview of Albay
Cities and Municipalities: Albay is composed of 3 cities (Legazpi, Ligao, and Tabaco) and 15 municipalities. The municipalities are Bacacay, Camalig, Daraga, Guinobatan, Jovellar, Libon, Malilipot, Malinao, Manito, Oas, Pio Duran, Polangui, Rapu-Rapu, Santo Domingo, and Tiwi.
Land Area: The province has a total land area of 2,575.77 square kilometers.
Population: As of the 2020 census, Albay has a population of 1,314,826 people.
Economy: Albay’s economy is largely based on agriculture, with coconuts, abaca, and rice as the primary crops. The province also has a growing service sector with the development of tourism and business process outsourcing industries.
Real Estate Market: The real estate market in Albay is growing, particularly in the city of Legazpi. The demand for residential, commercial, and industrial spaces is increasing due to the province’s economic growth and urbanization.
Exploring the Cities of Albay
Legazpi
Legazpi, officially the City of Legazpi and often referred to as Legazpi City, is a component city and the capital of the province of Albay in the Philippines. It is the region’s center of tourism, education, health services, commerce, and transportation in the Bicol Region.
As of 2020, the city has a population of 204,845 people. It is the most populous city in the province and the second most populous in the region, after Naga City. The city’s total land area is 153.7 square kilometers (59.3 square miles).
The economy of Legazpi City is diverse. The city is the region’s center of trade and commerce, which includes banking, communication, retail, real estate, trading, and transportation. The city is also the region’s center of education and health services. The city’s economy is growing rapidly, with new investments in tourism and real estate.
The real estate market in Legazpi City is booming, with the construction of new commercial establishments, high-rise hotels, condominiums, and shopping malls. The city is also a major hub for the BPO (Business Process Outsourcing) industry, which has contributed to the growth of the real estate market.
The city is also known for its tourist destinations, including the Mayon Volcano, which is renowned for its perfect cone shape, the Cagsawa Ruins, the Embarcadero, and the Albay Park and Wildlife.
Source: wikipedia
