Cagayan de Oro is a first-class, highly urbanized city, the capital of Misamis Oriental. In here, you can find not only tourist attractions but also different establishments such as hotels, highrise offices, business centers, and malls.
Starting a business in CDO is ideal because of the population and market it houses. If you want to purchase commercial land in the city, you will find plenty of vacant lots along the highway and in city centers that have high foot traffic.
On average, a budget of PhP 750,000 to PhP 488 million is ideal if you want to build a home in a sizeable residential lot in one of the subdivisions in CDO.
A lot for sale in Cagayan de Oro City is not that difficult to come by. Thanks to the city’s large geographical area, there are plenty of properties to choose from, whether they are residential, commercial, or agricultural.
Lot for Sale in Cagayan de Oro, Misamis Oriental: A Place Where Even the Lot is Considered Gold
When the island of Mindanao is mentioned, a few cities always come to mind, and the city of Cagayan de Oro is always one of them. This is hardly surprising. Cagayan de Oro is a first-class, highly urbanized city, the capital of Misamis Oriental, and is considered Northern Mindanao’s major hub for business, trade, and commerce. It is also the center of the Metropolitan Cagayan de Oro area, which includes the cities and municipalities around it - El Salvador, Opol, Alubijid, Laguindingan, Gitagum, Tagoloan, Villanueva, Jasaan, and Claveria. With so many prime locations to choose from, there’s plenty of valuable real estate to go around, whether one is in the market for an apartment or a lot for sale in Cagayan de Oro.
Cagayan de Oro or CDO is also a popular tourist hub. One of its major attractions is the Cagayan de Oro River, a popular site for whitewater rafting and kayaking. Nature parks and ecotourism sites are in the city as well, including the Mapawa Nature Park, Monique Cave, Migtugsok Falls, and the Gardens of Malasag Eco-Tourism Village. The city’s festivals are well attended, including the Higalaay Festival, celebrated in honor of the city’s patron, Saint Augustine, and held every August.
Investing in a lot for sale in Cagayan de Oro, Misamis Oriental has a lot of advantages. It has a high return on investment. Moreover, when you construct your dream home in the lot you purchased in CDO and lived in it, you can be close to modern conveniences.
Here are some of the landmarks and establishments that you may be near your new home:
- Robinsons Cagayan de Oro
- Limketkai Center
- Gaisano City Mall
- Centrio Mall
- Vista Mall Cagayan de Oro
- SM CDO Downtown Premier
- CityMall Iponan
Schools and Universities:
- St. Mary’s School
- Lourdes College
- Marymount Academy
- Immanuel Mission International School
- Liceo de Cagayan University
- Xavier University-Ateneo de Cagayan
Hospitals and Clinics:
- Northern Mindanao Medical Center
- J.R. Borja General Hospital
- Maria Reyna - Xavier University Hospital, Inc.
- Puerto Community Hospital
- Capitol University Medical Center
- Cagayan de Oro Maternity-Children’s Hospital and Puericulture Center
Average Selling Prices in Cagayan de Oro City, Misamis Oriental
Lots for sale in Cagayan de Oro City, Misamis Oriental include residential, commercial, and agricultural lots. If you want to build your dream home or vacation home in CDO, residential lots here cost PhP 750,000 to PhP 488 million.
If you want to start a business in CDO, you can purchase a commercial lot in the city for PhP 1,800,000 to PhP 1.36 billion. If you want to start farming, agricultural land in the city is priced from PhP 350,000 to PhP 656 million.
Why Buy Lots in Cagayan de Oro, Misamis Oriental
Unlike the cities of Metro Manila, a lot for sale in Cagayan de Oro City, Misamis Oriental is not that difficult to come by. Thanks to the city’s large geographical area, plenty of real estate developments have emerged over the last few years, many of which offer some of the best pieces of real estate in Mindanao.
Due to the size of this city, CDO is a mine of lots, and you can find here the perfect lot you need for the price you want to pay. Residential lots in CDO are located inside the city’s secured yet accessible communities making them ideal addresses for families, retirees, and professionals. Commercial lots for sale in Cagayan de Oro, Misamis Oriental are located in key parts of CDO that have high foot traffic and are located along the city’s major thoroughfares.
If you want to earn from your lot without spending too much on it, you can try the buy-and-hold technique wherein you buy a piece of land you want and hold on to it until at least one year when the prices go higher. Another option is to lease your commercial or agricultural land to businessmen.
How to Get to CDO
From Davao City, head northeast on Davao-Buda National Highway toward Villafuerte Street. Turn right onto Sayre Highway, then take a left on the Bukidnon-Wao Road. Turn right again on Barandias-Dominorog Road and another right onto Cagayan de Oro-Camp Kibaritan Road. Continue onto CDO-Airport-Bukidnon Road, then take the exit toward Balulang Road and continue there until you reach CDO.
Frequently Asked Questions
Is there an agricultural lot for sale in Cagayan de Oro?
Yes, there are 15 agricultural lots for sale in Cagayan de Oro. Fertile agricultural lots in Cagayan de Oro can be used for livestock grazing and crop growing.
Is there a commercial lot for sale in Cagayan de Oro?
Yes, there are 48 commercial lots for sale in Cagayan de Oro. You can make use of Cagayan de Oro’s emerging prosperous economy by building a for-profit structure on a commercial lot.
Is there a large lot for sale in Cagayan de Oro bigger than 1,000 square meters?
Yes, there are 80 large lots for sale in Cagayan de Oro bigger than 1,000 square meters. These properties are ideal for sizable properties like warehouses and factories.