Investing in Lot for Sale in La Union
Apart from the soft broom and tourism industry, La Union, also called “ElYu” has added service, manufacturing, and agricultural sectors to boost its economy. The Port of San Fernando is an active shipping point. The former American airbase Wallace Air Station is converted into a business and industrial facility to support other commercial activities.
What keeps people going back to this province in the north is its breathtaking natural attractions such as Urbiztondo Beach, Immuki Island, Pebble Beach, Tangadan Falls, Tapuakan River, Darigayos Beach, Occalong Falls, Usuken Falls, Bulalakaw Falls, and Tuddingan Falls. Other attractions include Ma-cho Temple, Balay na Bato, Baluarte Watchtower, Lotus Valley Farm, Pagoda Hill, Poro Point Lighthouse, and Paraoir Man-made Forest.
If you love to live near the beach or establish a business in one of these tourist attractions, it is best to invest in a lot for sale in La Union.
Lot for sale: A versatile property in La Union
A land is a versatile real estate property, and there’s a lot you can do with it. In La Union you will find farmlands, beachfront lots, residential lots, commercial lands, and raw lands in various municipalities such as San Fernando, San Juan, Bacnotan, and Agoo.
Lots for sale in La Union range from 10,000 to 530,000 square meters, which are ideal for constructing commercial buildings, mansion rest houses, hotels, and resorts. If this size is too much for your needs and budget, you can still find several available lots with sizes ranging from 200 to 2000 square meters. These lots are perfect for building your restaurant, grocery store, retail store, or specialty store, primarily if the lot is located in the city, the beach, or other tourist attractions. This land size is also ideal for building your retirement slash vacation home, which can double as a transient house if you’re not staying there.
Buying a lot for sale in La Union
With the growing number of investors and property seekers purchasing lots for sale in La Union for residential and commercial purposes, the prices of real estate properties in this area is on a continuous upward trend.
Thus, buying a lot now in La Union means being able to lease or resell the property at a higher price, mostly once you have made additional land developments.
For agricultural property seekers, you can purchase a 2000-square meter farmland in San Juan for PhP 500,000 only. This is an ideal investment, especially for La Union settlers looking for ways to diversify their properties.
If you are looking for a great location to build your retirement home, you can go for an 18,000-square meter land in San Fernando surrounded by mountains and beaches but is only 5 kilometers away from the city. This type of property starts at PhP 2,700,000.
For investors looking for viable lots for sale in La Union ideal for commercial development, you can purchase a 4600-square meter commercial lot at the heart of San Fernando City with a price starting at PhP 159,500,000. For those who want to build their own resort, you can purchase an 11,000 square meter beach lot in Bauang or a 68,200-square meter commercial property in San Fernando close to other well-known resorts such as Thunderbird Resort in Canaoay.