Geographically, Zamboanga City is considered part of Zamboanga del Sur province, but the former is a chartered city and governed independently. Although highly urbanized, Zamboanga City remains culture-rich and historic with its grandiose festivities and centuries-old structures.
Known as one of the most populous and largest cities in the country, Zamboanga has a diverse range of establishments that serve the needs of locals. There are several recreational facilities in the city, as well as manufacturing and shipping companies and tourism hubs. Of course, the Zamboanga’s real estate landscape isn’t one to dismiss, offering residential, commercial, and agricultural properties. Best of all, you can easily find a lot for sale in Zamboanga City that’s highly affordable.
As mentioned, establishments abound in Zamboanga City, from essential ones like schools and hospitals to leisure places like malls and beach resorts. Here are the landmarks you’ll find near a lot for sale in Zamboanga City:
Colleges and universities:
Lifestyle and tourist destinations:
There are plenty of foreclosed properties in Zamboanga City, which explains the affordability of lots here. When looking at foreclosed residential land, prices are usually less than P1 million for a lot size of up to 3,000 sqm. Meanwhile, foreclosed agricultural lots are much more affordable, with prices ranging from P469,000 to P1.7 million for a land size of 4,500 sqm to 17,000 sqm.
There are also regular commercial lots for sale in Zamboanga City, measuring 3,000 sqm to 5,000 sqm. Prices for these options range from P23 million to P30 million.
If you’re looking for a foreclosure in a prime location, Zamboanga City is one of the ideal places to find options. Residential foreclosures are suitable for starting families looking for an affordable lot to build their dream home. On the other hand, commercial and agricultural foreclosures are ideal for investors who want to turn these lots into profitable developments, like a housing community or a large-scale farming business.
Zamboanga City is known for its thriving sardine industry. After all, the city was hailed as the “Sardine Capital of the Philippines.” On its western portion, you’ll find plenty of canning factories and a docking point with rich fishing grounds.
Tourism is also one of the primary growth drivers of Zamboanga, with Pink Sand Beach and Onçe Islas as its top tourist destinations. Considering this, it may be profitable to buy a lot for sale in Zamboanga City and develop it into an accommodation business that caters to the city’s growing number of tourists.
Is there a foreclosed commercial lot for sale in Zamboanga City?
Yes. In barangay Ayala, you’ll find commercial foreclosures for sale. Some are vacant, while others have been improved.
Where can I find a residential lot for sale in Zamboanga that’s located in a subdivision?
Subdivision lots for sale are available in neighborhoods with modern housing developments like barangay Lunzuran. The typical lot size is 130 sqm to 190 sqm.
Is there a memorial lot for sale in Zamboanga?
Yes. Memorial lots for sale are usually located in barangay Sinunuc since it’s home to the Zamboanga Memorial Gardens.