As the country’s metropolitan hub, lots in Metro Manila are in-demand property. Renting a property here is a great way to look for education, employment, and investment opportunities. |
Metro Manila is the Philippines’ capital metropolitan hub. It holds the seat of the three branches of government and notable central business districts. For years, the capital region was flocked to by people looking for better education, employment, and investment opportunities.
Today, Metro Manila has a population of over 13 million. Constant development in the capital metro spurs growth in its several sectors. For example, Metro Manila’s real estate scene continues to usher in buyers and renters to explore the different property types available. And because Metro Manila is an in-demand area, property prices can be pretty hefty.
While properties for sale in Metro Manila have increasing prices, there is real estate available for rent. For instance, a lot for rent in Metro Manila paves the way for people to start their businesses and venture into property investments in the future.
Lots for rent in Metro Manila are located in different locations that are near some of the top universities, hospitals, malls, and establishments. |
Interested renters of the lots in Metro Manila may look for their ideal property in key locations such as Makati, Manila, Taguig, Quezon City, and the CAMANAVA area. Let’s say you are eyeing a lot for rent in Makati. Your future lot will be closer to:
Lots for rent available in Quezon City will bring renters closer to:
If you rent a lot in Valenzuela City, your prospective property will be accessible to establishments such as:
The bottom line of exploring different lots for rent in Metro Manila is that you will always find suitable lots near crucial locations and establishments.
Prices for lots for rent in Metro Manila vary depending on factors like location, land area, existing structures, and more. |
Prices for a lot for rent in Metro Manila depend on their location, land area, and if they have any existing structure. For example, some lots for sale in Makati City measuring 900 to 2,000 square meters may have parking spaces or commercial buildings. These lots may be rented out for around Php 4,000 up to Php 500,000 a month.
In other areas like Valenzuela, Caloocan, and Quezon City, you can find commercial lots with warehouses for rent. These lots measure around 300 to 4,000 square meters and can be rented for Php 7,000 up to Php 1.3 million.
Renters can take advantage of the leasing period to expand their businesses and use commercial lots to build office spaces, apartment complexes, and inns. |
Renting a lot in Metro Manila entails long-term benefits. For example, potential renters may take advantage of the long-term leasing period to grow their businesses and meet more clients if they rent a commercial lot. Some commercial lots may also allow the construction of office spaces or rental properties such as inns or apartment complexes.
Since most of the lots for rent in Metro Manila are commercial lots, they present investment opportunities to their future tenants. These lots are suitable for hosting food parks, fairs, flea markets, and expos. Larger commercial lots are ideal for holding future shopping malls, apartment complexes, public markets, and condominiums.