Now could be the best time to purchase your dream house and lot in Tacloban City, Leyte. It’s the fifth most competitive city in the Philippines and is an upstanding emerging city. Tacloban’s growth is palpable through the several developments currently underway— considering how the area has been through challenging calamities. Tacloban is also linked to Samar through the iconic San Juanico bridge, giving its residents access to other parts of Eastern Visayas.
- Daniel Z. Romualdez Airport
- New Transport Terminal of Tacloban City (land transportation hub to and from various areas in the region)
- University of the Philippines Visayas Tacloban College
- Leyte Normal University
- Eastern Visayas State University
- Holy Infant College
- Holy Spirit Foundation College, Inc.
- Holy Virgin of Salvacion Foundation College, Inc.
- ABE International Business College Tacloban
- ACLC College of Tacloban
- Santo Niño Church
- Our Mother of Perpetual Help Parish
- Our Lady of Lourdes Parish
- New Life Tacloban
Since Tacloban is a city that’s progressing at a remarkable speed, the cost of living is now comparable to other cities that are of the same calibre, such as Tagbilaran, Bohol, and Dumaguete, Negros. A brand new, two-bedroom house and lot for sale in Tacloban, Leyte starts at around Php 2.1 million. Homes that have a bigger lot and living areas could cost upwards of Php 6.5 to 10.5 million— this figure includes both newly built projects and recently renovated properties for sale.
On top of being centrally located in Eastern Visayas, Tacloban is also very well-connected. It’s accessible through the San Juanico Bridge as well as through the domestic airport. These linkages have led to the city becoming the region’s commercial, educational, political, and tourism hub. Tacloban City was also the first to be heralded as a highly urbanized city in Eastern Visayas. A house and lot in Tacloban now lets you take part in the city’s historic growth and development.
There are several lively industries in Tacloban. In fact, it’s even considered to be the economic center of Eastern Visayas. Agriculture, commerce, and tourism are all huge contributors to the city’s economy. There are multiple opportunities for employment due to the economic restart following the 2013 typhoon and the 237-hectare Eastern Visayas Agri-Industrial Growth Center.
The city is taking measures to avoid floods in the future. Some areas are guaranteed to be flood-free and tons of new developments have sophisticated waterways to address this issue.
This depends on the property’s selling price. For homes that cost around Php 2.1 million, you’ll have the option to settle your balance within 15 to 25 years for Php 14,337 or Php 11,157 a month, respectively.
Instead of renting, you can opt for rent-to-own payment schemes which allow you to eventually own the house and lot that you’d otherwise be renting without return of investment.