Malabon, Metro Manila as the Ideal Location to Buy a House and Lot for P2 Million
Famous for the beloved pancit dish, tricycle tours, and colonial churches, Malabon is a tourism destination in its own right. Visitors can easily explore the small city, see vintage buildings, and go on a food trip in quaint, little stalls and restaurants. More than being a vacation destination, however, it’s quickly becoming a residential hotspot as property developers are projected to move to the fringes of Metro Manila, outside established financial districts.
Those eyeing the city as their next address are in for some good news: there are houses and lots for sale in Malabon and other neighboring cities for only P2 million and below. Even with a conservative budget, you can find your home sweet home in this city, where you can start and grow a family or retire from work.
Affordable House and Lot for Sale in Malabon, Metro Manila for P2 Million
Most of the budget-friendly homes in Malabon and neighboring cities are townhouses with prices below P2 million, with the majority lulling at P1.7 million. The exact prices depend on the location, its accessibility to commercial establishments, as well as the amenities included. In general, however, the properties come with two bedrooms and a bathroom, with floor areas ranging from 48 to 55 square meters. Young couples, new parents, and empty nesters will find it a good deal to buy a house and lot for sale in Malabon for P2 million.
What Would a Buyer Expect When Buying a P2 Million House and Lot?
The townhouses in Malabon and other neighboring cities priced at P2 million and below often have two stories and feature some of these amenities: carport, open space, garage, and maid’s room. In most cases, the spaces are unfurnished, in that only the basic amenities are there: floor tiles, wall paint, electrical wirings, and installed kitchen cabinets and bathroom fixtures.
Future residents can likewise enjoy facilities in the neighborhood, which generally includes green areas, basketball court, and clubhouse. You and your family can maximize all these with a house and lot for sale in Malabon, priced below P2 million.
Why Should Homebuyers Consider Buying a House and Lot in Malabon, Metro Manila?
Other than affordability, convenience is the other benefit you can take advantage of when you purchase a house and lot for sale in Malabon for P2 million. Take your children to the best schools in the city: De La Salle Araneta, Arellano University, or City of Malabon University. Shop in Robinsons, Citisquare Mall, or Panco Square. If you need medical care, you can drop by the Pagamutang Bayan ng Malabon, Malabon City Hospital, or San Lorenzo Ruiz General Hospital.
Going to these institutions is never a problem, as the city is highly connected with different forms of transportation, such as jeeps, buses, taxis, and trains. In the future, there will be additional railway systems from the New Manila International Airport (NMIA) and MRT-7 project, which would benefit Malabon residents.
Investment Opportunities in Malabon, Metro Manila
Investors see Malabon as a promising destination for ventures. This is true, especially for those who are trying to break into real estate. It’s projected that there will be more construction outside established financial districts. Taking a step ahead of the game, you can consider property investment opportunities in the CAMANAVA region.
Treat the house and lot for in Malabon, priced at P2 million, not as a primary residence, but an income property. Rent it out to tourists on vacation or families who are still saving up for their own homes.
Work Opportunities in Malabon, Metro Manila
Aside from business opportunities, there are plenty of job prospects in different fields in this city. Essential businesses focused on food, healthcare, and transportation require a strong labor force. Tourism-related ventures, such as pasalubong centers, souvenir shops, and lodging hubs, likewise need talents not only to boost their revenue but also to promote the dynamic tourism scene in the city. Buy a house and lot for sale in Malabon with a budget of P2 million to take advantage of these opportunities.