Lubao, Pampanga as the Ideal Location to Buy a House and Lot below 3 million
Lubao, a coastal municipality, has a total area of 155.77 square kilometers, constituting 7.78% of Pampanga’s total area. According to the 2015 Census, the municipality of Lubao has a population of 160,838, which represents 7.32% of the total population of the Pampanga province, or 1.43% of Central Luzon’s overall population.
A first-class municipality in the province of Pampanga, Lubao is situated in the south-western part of the province and is bounded by the municipalities of Guagua on the north; Sasmuan on the east; Orani Bataan on the south and Floridablanca on the west. Its location is convenient and important for agriculture and trade.
People these days, especially those who are building their own family, are keener in settling in the province due to its free and easy environment. It’s more practical, too, as the prices of goods and other essential needs are relatively low. Even the prices of residential houses are reasonably priced- for as low as 3 million and below, you can already buy a house and lot.
Affordable House and Lot for Sale in Lubao, Pampanga below 3 million
With a budget of 3 million pesos and below, homebuyers have a variety of options to choose from: there are new developments or newly built houses, pre-owned, and foreclosed houses and lots, which are properties repossessed by either the local government or by the lenders.
For the newly built houses, the units are semi-furnished with complete basic features such as bedroom, toilet and bath, kitchen, dining room, living area, veranda, and a carport. This goes the same with pre-owned houses, however, some pre-owned properties for sale are already furnished. Another option is to buy a foreclosed house and lot for a much lower price. Although, make sure to consider the location, additional costs, and the condition of the property.
What would a buyer expect when buying a house and lot below 3 million?
For 3 million pesos, you can buy either a bungalow or a 2-story type. If the house is located in a private subdivision, homeowners are allowed to use the amenities for free. Usually, there’s a basketball court, a swimming pool, and a clubhouse that can be used for small events or parties.
Why Homebuyers Should Consider Buying a House and Lot in Lubao, Pampanga
The municipality of Lubao might be a bit far away from the metro but with its close proximity to Angeles and San Fernando City, who says Lubao cannot provide you with convenience? In less than an hour’s drive, Lubao residents can already visit several shopping malls in Angeles and San Fernando City- there’s Central Town Mall, MarQuee Mall, Robinsons Angeles, SM City San Fernando, Vista Mall Pampanga, Paseo Lifestyle Center, and Robinsons Starmills.
Apart from this, many adventures are waiting for you and your family in Clark Freeport and Special Economic Zone such as the Clark Museum, Air Force Park, Nayong Pilipino, Dinosaurs Island, and Aqua Planet. You can also visit Puregold Duty-Free Clark where you can shop for imported goods. Clark International Airport or formerly known as the Diosdado Macapagal International Airport is also situated here, which is very convenient for the residents as they don’t need to face the heavy traffic in the metro to catch their flights.
Of course, there are local shops and public markets within the vicinity of Lubao where you can buy your everyday necessities. Schools, public transport, and hospitals are also accessible in the area as well.
Investment Opportunities in Lubao, Pampanga
One advantage of buying a property, like a house and hot, and using it for investment purposes is that you’ll have an additional source of income.
Since the demand for housing rentals is increasing, you can have the property leased per month or even per year.
Work Opportunities in Lubao, Pampanga
People seeking job and business ideas can find opportunities in the following fields: agriculture, fishery, camia and sampaguita planting, fishery, livestock and poultry, and trade and industry. They can also find other opportunities in Lubao’s neighboring towns like Clark and San Fernando City.
