Legazpi is the capital of Albay province and the largest city in the Bicol region in terms of population. It also serves as the region’s center for education, commerce, health, tourism, and transportation. The city is also known for having a portion of Mayon Volcano, the famous active volcano, in its midst. Thanks to its thriving economy, the National Competitiveness Council and the Philippine Chamber of Commerce and Industry bestowed Legazpi the title of most competitive component city and most business-friendly city, respectively.
Purchasing a lot for sale in Legazpi, Albay is a great idea if you’re in the market for a piece of land that will give you great returns. As evidenced by the bustling economic activity in the area, Legazpi has a bright financial future ahead of it, so it’s best to buy property in the area now while prices for a lot for sale in Legazpi, Albay are reasonable.
Since Legazpi is the regional center of the Bicol region, every lot for sale in Legazpi, Albay is strategically located close to essential establishments.
These shopping malls have a perfect mix of essential facilities, retail stores, restaurants, and leisure establishments:
Ayala Malls Legazpi
SM City Legazpi
LCC Mall Legazpi
Yashano Mall Legazpi
You’ll never have to worry about your health with these top-notch medical facilities nearby:
Legazpi City Hospital
Estevez Memorial Hospital, Inc.
Albay Doctors Hospital
Ago General Hospital
Ibalong Medical Center
These are among the best educational institutions close to most of the options for a lot for sale in Legazpi, Albay:
Legazpi City Science High School
Albay Central School
St. Agnes Academy
Divine Word College of Legazpi
Aquinas University of Legazpi
You can easily get from one place to the next because transportation hubs are aplenty in the city, such as:
Legazpi Grand Central Terminal
Legazpi Port Terminal
South Luzon Expressway (SLEX) - Toll Road 5
PNR Commuter Rail Service - Legazpi Division Line
You’ll find a wide range of agricultural, commercial, and residential lots at every price point and size. You’re sure to find the perfect lot for sale in Legazpi, Albay for your budget and preferences.
There are plenty of affordable yet sizable agricultural lots in Brgy. Taysan. They’re especially cheap if they’re foreclosed, so you can buy low and expect high returns in the future. A foreclosed 4561 sqm agricultural lot starts at a reasonable Php 593,000, while a foreclosed 10,035 sqm lot goes for Php 1,305,000.
If you’re looking for residential lots, you’ll find many of them in gated and secure neighborhoods like Vel Amor Subdivision and Brgy. Pag-Asa. A 160 sqm residential lot goes for Php 1,360,000, while a large 907 sqm lot with two structures already on it goes for Php 10,884,000.
There are also several commercial lots spread across the city, in areas like Tektone Village, Brgy. Rais, and Purok 4. A 150 sqm commercial lot starts at Php 3,300,000, while a sprawling 5,000 sqm lot can sell for as high as Php 46,500,000.
Buying a lot for sale in Legazpi, Albay is great if you want to buy a piece of land that promises great returns in the future. Legazpi is Bicol’s center and one of the region’s most progressive areas, so you can expect property values to rise thanks to the commercial, business, and infrastructural developments underway. Whether you want a steady rental income, a profitable commercial business, a lucrative investment, or a strategically located home, you can build it on a lot for sale in Legazpi, Albay.
Legazpi’s main economic activities are retail, agriculture, manufacturing, trade, and mining. The city also boasts a flourishing tourism sector that specializes in adventure tourism. Legazpi’s local government units have also been pushing the area as a center for business processing outsourcing (BPO) and information technology (IT) businesses.
Are there affordable lots for sale in Legazpi, Albay below 2.5 mil?
Yes, there are 6 affordable lots for sale in Legazpi, Albay below 2.5 mil. These are ideal if you’re on a tight budget or if you want to buy low and expect high returns in the long run.
Are there foreclosed lots for sale in Legazpi, Albay?
Yes, there are 12 foreclosed lots for sale in Legazpi, Albay. Foreclosed lots can be a good investment, but you have to check the quality of the lot you’re purchasing first to ensure that you’re getting your money’s worth.
Are there commercial lots for sale in Legazpi, Albay?
Yes, there are 10 commercial lots for sale in Legazpi, Albay. These commercial lots can accommodate anything from hospitals to shopping complexes.