Description
LOT FOR SALE with OLD HOUSE: 522 SQM PROPERTY WITH 3-BEDROOM BUNGALOW
Punta Princesa, Cebu City
PHP 14,500,000.00 NET OF TAXES
LARGE LOT • PRIME DEVELOPMENT POTENTIAL • FAMILY HOME OR INVESTMENT OPPORTUNITY
Looking for a large property in Cebu City with plenty of space and future potential? This 522sqm lot in Punta Princesa includes an existing 3-bedroom bungalow, giving buyers the flexibility to renovate the current home, build a larger family residence, or redevelop the property into an income-generating apartment or rental project.
PROPERTY DETAILS
• Location: Punta Princesa, Cebu City
• Lot Area: 522 sqm
• Existing Floor Area: Approx. 300 sqm
• 3 Bedrooms
• Master Bedroom with Private Toilet & Bath
• 1 Common Toilet and Bath
• Large Living Area
• Spacious Dining Area
• Generous Space for Landscaping
• Selling Price: PhP14,500,000.00 NET OF TAXES
EXISTING HOUSE
The property currently has a spacious 3-bedroom bungalow with a large living area, dining area, and practical bedroom layout. The existing structure needs renovation, giving the new owner the opportunity to improve and redesign it according to their needs.
RENOVATE, REBUILD OR DEVELOP
One of the biggest advantages of this property is its large 522 sqm lot, giving you flexibility for different plans:
OPTION 1 – RENOVATE
Upgrade the existing bungalow and transform it into a comfortable family home while maximizing the generous lot.
OPTION 2 – BUILD YOUR DREAM HOME
Knock down the existing structure and create a larger, modern family residence designed specifically for your lifestyle.
OPTION 3 – DEVELOP FOR PASSIVE INCOME
Explore the potential of redeveloping the property into an apartment or rental property, subject to applicable zoning, permits, and development requirements.
WHY CONSIDER THIS PROPERTY?
522 SQM LOT – A substantial land area offering excellent flexibility for future development.
300 SQM EXISTING STRUCTURE – An existing bungalow provides a starting point for renovation or redevelopment.
SPACE FOR LANDSCAPING & OUTDOOR USE – Plenty of room to create gardens, outdoor living areas, or additional improvements.
FAMILY HOME POTENTIAL – Renovate the existing house or build a larger home suited to your family’s needs.
INVESTMENT POTENTIAL – The property may be suitable for future rental or apartment development, subject to zoning and permits.
CEBU CITY LOCATION – Enjoy the convenience of owning a substantial piece of land within Cebu City.
THE VALUE IS IN THE LAND AND THE POSSIBILITIES
At PhP18,000,000 NET OF TAXES, this property is being offered at a price that makes the 522 sqm lot itself a compelling opportunity, with the existing bungalow providing additional options for renovation or redevelopment.
Whether you are an end-user looking to build your dream home, a family wanting more space, or an investor exploring rental development, this property gives you the flexibility to create something that matches your long-term goals.
READY TO EXPLORE THE POSSIBILITIES?
Schedule a private viewing and walk the property to see its size, existing structure, and development potential for yourself.
Message us today for the exact location, complete property details, and viewing schedule.
BUY THE LAND. CREATE YOUR VISION. BUILD YOUR FUTURE.
Selling Price: PhP14,500,000 NET OF TAXES
Updated: October 11, 2026
