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House and lot For Sale in Teresa, Rizal

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Featuring a variety of types and sizes of houses for sale, Teresa, Rizal has a home for just about every prospective resident or investor, with foreclosures priced for as little as Php 582,000 currently on the market, as well as luxurious two-bedroom homes valued for as much as Php2.7 million.

Established in the 1850s, Teresa, Rizal, then named "Oroquieta," was a barrio of Morong. It was later named Santa Rosa when it was annexed by Antipolo in 1917. The town was again renamed after the first quarter of the 1900s after Reyna Teresabanta, the only female datu in pre colonial Philippines.

The town is a famous resort town. Taking advantage of its mountainous landscape, it was able to develop a unique resort experience from people of the metro and nearby provinces. Some of the known resorts are Villa Sampaguita Resort and Real Cove Resort.

Teresa earns around P85 million annually. This may seem small compared to the larger and richer towns of the province, but its economy is very diverse: from manufacturing (cement and minerals), agro-industry (livestock and poultry), and small and medium enterprises (retail stores, resorts, and commercial businesses).

 

House and lot for sale in Teresa: Towards a balanced lifestyle

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Teresa is a small town inhabited by 57,755 people. It sits at the lower slopes of the Sierra Madre Mountains and borders Antipolo City to the north, Tanay to the east, Angono to the west, and Morong to the south.

Economically diverse, it is not crowded or over occupied like many similar towns in and around the province, which makes a house and lot for sale in Teresa, Rizal an excellent place to raise a family. 

What is even more interesting about the town is how quietly it is raking in the real estate demand overflowing from the metro. In the 1990s, the town began building subdivisions in Bagumbayan, San Gabriel, and Dalig. Bagumbayan has experienced the most development due to its altitude and greener surroundings. However, Dulumbayan seems to be the core of development projects. Other barangays like Prinza and May-Iba are becoming real estate development hotspots too.

Buying a home in Teresa

 A house and lot for sale in Teresa is very affordable. Most of the options for a house and lot for sale in Teresa are priced between Php 1,000,000 and Php 5,000,000, and most of them are in Dulumbayan. One can still find the occasional Php500,000 or Php750,000 home like the ones closer to Antipolo. A house and lot for sale in Teresa, Rizal, especially in its secure subdivisions, already include amenities in its purchase price, like a clubhouse, basketball court, main gate, perimeter fence, centralized water system, and concrete roads and alleys. 

As with a typical house and lot for sale in Teresa, Rizal, paying Php 1,000,000 for a home is already a great deal. For more mid-priced options, check out the area of May-Iba, where you can find modern homes with updated exteriors. For homes double the price and size of a house in May-Iba, you should consider the neighborhood of Bagumbayan, one of the first places in the town to experience the real estate boom in the 90s. 

house and lot for sale in Teresa, Rizal above Php 2,000,000 are few and far between, but are mostly found in Dulumbayan and Bagumbayan. These areas have more mature developments and are able to better adapt to the increasing demand from both town and out-of-town dwellers. Properties in these locations have an important road link to Antipolo's city center and towards Ortigas, which is its biggest sell. Amenities include a clubhouse, swimming pool, a covered basketball court, a playground, bike trails, gardens, and jogging paths.