Premiere Properties Management is based in Guam. Guam is an unincorporated U.S. territory located in the western Pacific Ocean. The island has a population of approximately 160,000 people and is governed by an appointed governor, who is appointed by the president of the United States. Guam is also home to two American military bases, and the island’s economy is largely dependent on tourism and the U.S. military.
Economy
The Guam economy is based largely on tourism, the military, and federal spending. The island’s location in the Pacific Rim has made it a popular tourist destination for people from all over the world, and its close proximity to Japan and other East Asian countries has helped to make it a popular destination for business travelers and investors. The U.S. military has long been a major presence on Guam, and the island is home to several major military bases.
Real Estate Market
The Guam real estate market is unique in that it is composed of both a rental and purchase market. The rental market is composed of expatriates working for the military or government, while the purchase market is composed of locals and expatriates. The market has been growing recently due to an increase in tourism.