Calle Real, officially named as J.M. Basa Street, is a historic street located in the old downtown district Iloilo City Proper of Iloilo City, Philippines. The street often referred to as the "Escolta of Iloilo", and is also one of the country’s oldest business districts. It is home to several fine examples of historic luxury American era neoclassical, beaux-arts, and art deco buildings. The street has been famous since the Spanish Era. However, its importance has dwindled and the street has become less maintained; yet there have been efforts to revitalize the street, which include the restoration of the historic buildings along the street and beautification projects.

Iloilo City Proper is a district in Iloilo City, in the Western Visayas region of the Philippines. It holds great historical significance as the birthplace of modern-day Iloilo City and serves as a civic center, hosting the city and provincial government offices, as well as various local, provincial, and regional government establishments. The district also serves as the primary hub for financial institutions, with banks and other firms dispersed throughout its streets.