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Five million bucks, if spent wisely, can get a savvy real estate investor some of the best properties in the Philippines.
Five million pesos is quite the pretty penny no matter where it is to be spent. Save for winning the lottery or another contest, five million is also an amount that is not easy to amass. So when you have the amount stashed somewhere, it is paramount to make sure it is spent wisely. While it is a lot, most people commonly limit it to the purchase of a condo or the standard house and lot. Those are solid property investments, but keep in mind that there are also other types of real estate one can look into, such as these properties listed in Lamudi.
Corner Lot with Access to the Beach
This 353-square meter corner lot for sale with beach access in Davao’s Premier Island Resort Community Playa Azalea is a worthwhile Php 5 million investment. This property is located in Barangay Limao in the Island Garden City of Samal. When you build your home here, you will have access to the project’s numerous world-class amenities, including:
- The Aqua Park
- The Hill Top Clubhouse
- Infinity Pool
- The Greenbelt Park
- The View Deck
- Picnic Area
- Jetty Commercial/Hotel Complex
Beachfront Studio Condo Unit
Consider this 40-square meter studio-type unit with a balcony in Mactan, Lapu-Lapu City, Cebu. When you purchase this property, you’ll enjoy not just living in a stunning home but also one with amazing views and first-class amenities. The reservation fee for this property is Php 50,000 with a 30% down payment (Php 1.45 million or PhP 120,833 monthly for 12 months).
You can finance this property through bank financing for 10 to 20 years. If you want to purchase the furnishing and appliances in this unit, you can add Php 500,000. Transfer and miscellaneous fees cost an extra Php 225,000.
Agricultural/Residential Lot in Rosario, Batangas
This 2,190-square-meter agricultural/residential lot is worth looking into if you are looking for a versatile property in Rosario, Batangas. This property is only five minutes from the main road, which makes it easily accessible. This vacant lot has 25 orange trees, a few coconuts, langka, and others. It also has access to electricity and water.
2BR Townhouse in Canyon Woods Residential Resort
If you are hunting for a residential property in Batangas that costs Php 5 million, this two-bedroom townhouse unit in Laurel, Batangas, is worth checking out. This unit has a floor area of around 120 square meters and a lot area of 82 square meters. It has a balcony and three bathrooms. Since this unit is located on a hill, it offers an advantageous view of the Canyon Woods Golf Course.
House and Lot, Apartment, and Commercial Properties in One
If you want to live and start a business in Las Piñas, this Php 5 million worth of property is worth investing in. This unfinished house and lot property is located at Las Piñas Verdant Subdivision. It has a lot area of 108 square meters and a floor area of 200 square meters. When you purchase this property, you get two commercial spaces, three studio-type apartment units with CR, and a personal unit with three bedrooms and six bathrooms.
Two-Story Affordable Townhouse
Do you want to live in the heart of Metro Manila? If so, this brand new Php 5 million townhouse property in Pasig City is worth looking into. This unit has two bedrooms, two bathrooms, a laundry area, and one covered carport. The reservation fee costs Php 100,000. A 20% downpayment is required, payable up to six months.
RFO Townhouse in Muntinlupa
Another Php 5 million property you can purchase is this ready-for-occupancy townhouse unit in an exclusive village in Muntinlupa City. This three-bedroom townhouse unit has a lot area of 70 square meters and a floor area of 80 square meters. Other unit features include two bathrooms, built-in cabinets in rooms and kitchen, a granite look kitchen countertop, and one carport. The unit is close to the village’s chapel, basketball court, tennis court, and jogging path. The reservation fee is Php 50,000. The required downpayment is 20%, equivalent to Php 1,000,000.
There are plenty more properties posted on Lamudi that you can purchase that cost Php 5 million. Check out the available listings and happy dream property hunting!
