The Philippines is an archipelago rich in history, culture, and beautiful destinations. Comprising over 7,000 islands, you’ll never run out of hotspots to visit, relax, satisfy your taste buds, and brush up on history. Plus, the country is home to prime economic zones located in its metropolitan and suburban areas.
The Philippines’ economic status continues to inspire investors to plan future infrastructures where commercial sites, transportation hubs, and residential areas will rise. People who plan to settle in their hometowns may consider buying a vacant lot in the Philippines to build their dream home or set up a business.
When you look at metropolitan areas in the Philippines, you’ll find that they teem with already developed houses and condominiums. Lots for sale in the Philippines are usually found in suburban or fringe locations that are comfortably close to the booming metro areas.
And because rural areas in the Philippines also experience massive developments, potential buyers of the vacant lots will be close to many essential establishments that offer comfort and convenience. For example, if you buy a vacant lot in Santa Rosa, Laguna, your future property will be close to the following establishments:
Laguna Technopark Inc.
Greenfield Automotive Park
Santa Rosa Commercial Complex
The Medical City -- Santa Rosa
Our Lady of Assumption College, Santa Rosa
Seven Pillars Catholic School
Most of these lots are priced at PhP 2 million to PhP 40 million. Buyers should expect that vacant lots located close to prime highways such as the North and South Luzon Expressways, Cavite Expressway, Cebu North Road, and Davao City Expressway will be pricier and more in-demand than those located in more secluded areas.
The lots for sale in the Philippines are potential stepping stones for buyers to build their dream homes and business hubs. For example, OFWs who want to settle in the Philippines may put up their retirement home close to nature and away from all the stress and noise of the busy city. Empty nesters who want a more simple lifestyle may choose to build a bungalow close to a lake or hillside respite. In other words, vacant lots are great options for buyers to fulfill their dreams and live life to the fullest.
Buyers of the lots in the Philippines may also use their purchases for further investments. Aspiring entrepreneurs may also build inns, vacation homes, bed-and-breakfast accommodations, and boutique hotels to accommodate tourists flocking to the area. Some owners may also rent out their vacant lots for other business owners and earn passive income.
Interested buyers may find vacant lots for sale in private villages in Metro Manila and suburban locations outside the metropolitan areas of the Philippines.
The lots for sale in the Philippines measure around 100 square meters to 10,000 square meters. The varied sizes of the lands are suitable for personal and business use.
Buyers will find vacant lots located close to the metropolitan areas and major highways. However, seekers who want a quieter location may purchase lots in more secluded areas in rural locations of the Philippines.