While it may seem that Metro Manila is already getting crowded, a lot of home seekers have turned their focus on provinces surrounding the city for real estate. Given that the Manila-Cavite Expressway (CAVITEX) has been operational for some time now, Cavite has continued has attracted more people from the National Capital Region to settle in the province.
Many now enjoy the concept of getting off from work in the city to then go home to a more peaceful province home in Cavite.
One of the most popular communities in Cavite is the municipality o Tanza. Formerly known as Santa Cruz de Malabon, Tanza houses around 226,188 people according to the 2015 census. It is the 8th most populous city as per the census. Tanza is also the 20th largest municipality revenue earner. As a first-class municipality, it occupies more than 78-square kilometre of the province's land area.
Tanza was also awarded by the Department of Interior and Local Government the Seal of Good Housekeeping in 2011 and 2012, and the Seal of Good Governance in 2016. Back in 2014, it was dubbed as the most competitive in economic dynamism by National Competitiveness Council.
The municipality is a farming and fishing community. A huge portion of the municipalities' land mass is planted with rice and vegetables. Livestock and poultry production also thrives in the municipality. Aquaculture is also a major economic driver in the municipality given its five major fishing grounds along coastal barangays.
Retail and trade are particularly vibrant in its Poblacion and it Daang Amaya 1 areas, where the Tanza Public Market can be found. In these two places are commercial establishments and food and beverage outlets that contribute a significant portion to the municipality's economy.
Buying foreclosed properties is a viable option when looking for a home in Tanza. With bargain prices, it is easier to buy a simple home for the family to settle in, with the only major consideration needed is deciding where.
In Tanza, the most affordable house and lot at present can be purchased for only PHP 650,000. The property in Springfield View Subdivision already has a 39.1-square meter house sitting on a 100 square-meter plot of land.
If in search of something bigger, a 42-square meter house in the same subdivision is for sale at PHP 850,000. The foreclosed home sits on a 100-square meter land.
There are also a number of foreclosed properties up for sale in Carissa Homes Subdivision. Sale prices are not disclosed, but the properties are sitting on land plots ranging from 30- to 65-square meters.
It is important to consider the amount of space you will be getting once you purchased these properties. You have to make sure that what you're buying is worth the money you will be spending. Even if it is affordable, a foreclosed property may end up costing a buyer more if it is not the right or home in the right place.
Tanza is an ideal place for those who want to get away from the congested Metro Manila, and is place where property is affordable but continuing to increase in value. Take advantage of the living and investing opportunities it offers, and buy a foreclosed home in Tanza today.