Metro Manila as the Ideal Location to Buy a House and Lot for P2 Million
The capital region is where everything happens. For one, it’s where the most important business deals are made. A bustling economic center, it cradles towering office buildings and sleepless professionals hustling against deadlines. To a certain degree, Metro Manila is one big tourist attraction, where one can find iconic, historical structures in different cities and unique dishes in high-end restaurants and stalls in busy streets alike. This dynamic culture in the capital region is the reason it remains as one of the most preferred residential addresses in the country.
With the availability of budget-friendly options in the real estate market, a lot more people are attracted to the idea of moving into the big metropolis. When you’re a first-time homebuyer, houses and lots for sale in Metro Manila worth P2 million are worth considering.
Affordable House and Lot for Sale in Metro Manila for P2 Million
The economic choices in the Metro Manila real estate market start at P800,000. The majority of properties falling in this price range are pre-owned. The floor areas vary, with some having 36 sqm, and others providing 60 sqm. Typically, there’s one bedroom and one bathroom in these properties. Meanwhile, properties that are in the P1.2 to P1.5 million range are also pre-owned but do offer two to three bedrooms.
House and lot packages at the higher end of the price range are new homes, offering 42 to 65 sqm in floor area. They provide two to three bedrooms and one to two bathrooms. With these amenities, buying a house and lot package for sale in Metro Manila worth P2 million is a good deal.
What Would a Buyer Expect When Buying a P2-million House and Lot?
Pre-owned homes are unfurnished, as only the existing basic amenities will be provided. This includes electrical outlets, floor tiles, wall paint, kitchen cabinets and bathroom fixtures. In the case of new properties, some are semi-furnished, with provisions for air conditioning units. Since they’re recently developed, there are also extra amenities aimed to improve residents’ lifestyles. This includes terraces, garages, and open areas. A house and lot for sale in Metro Manila for P2 million can provide these comfortable amenities.
Why Should Homebuyers Consider Buying a House and Lot in Metro Manila?
Affordability isn’t the only reason people are flocking to the capital region. More seekers also want to take advantage of the modern conveniences the city offers. Imagine living in Quezon City and being neighbors with the schools your kids go to. You won’t have to worry about them being stuck on the road for hours. When you choose to live in Makati, your office will be just a cab right away. When you decide to move to Mandaluyong, shopping malls will only be a few steps away from your subdivision.
You can take advantage of the convenient transportation system in the region as well. While you may live in one city and work in another, you can take a jeep, a bus, a cab, or the train plying the metro.
Investment Opportunities in Metro Manila
As one of the most progressive economic centers in the country, the capital region offers plenty of opportunities for investors. In fact, those who want to break into the real estate industry can start by acquiring house and lot packages for sale in Metro Manila for P2 million. Used not as a primary residence, the properties can serve as a passive income source. Rent it out to tourists, expats who are on vacation, or young families who are still saving up for their own permanent home.
Work Opportunities in Metro Manila
Metro Manila employs a large pool of talents as it houses several businesses across different industries. In the three major financial districts alone, specifically in Pasig, Makati, and Taguig, there are hundreds of thousands of companies. In Ortigas Center, the largest brewery in the country, San Miguel Brewery, has its office. Jollibee Food Corporation has its home in this business district. Media companies, including One Mega Group, Viva Television, and ZOE Broadcasting Network have headquarters in Ortigas Center.
Meanwhile, banks, such as Banco de Oro, Bank of the Philippine Islands, Chinabank, RCBC, among many others, are in the Makati Central Business District. In Taguig, the biggest tech companies, namely Google and Facebook Philippines, have their offices in Bonifacio Global City. Consider living in the capital region to catch these opportunities to grow your career. Think about buying a house and lot for sale in Metro Manila with a budget of P2 million.