Houses for sale in Olongapo are priced considerably higher than in other parts of Zambales, as the selling price range of houses listed in Lamudi is PhP 2.2M to PhP 55M.
Located in the province of Zambales, Olongapo, together with the municipality of Subic, is one of the twelve metropolitan areas in the country. Due to its mountainous topography, urban development in Olongapo City can be rather expensive.
Olongapo offers numerous investment opportunities for businesses and entrepreneurs. Hotels, resorts, commercial and residential buildings have been in great demand as more and more local and foreign tourists, expatriates and investors descend on the nearby freeport.
Olongapo is also famous for its historical sites: Marikit Park, Olongapo Lighthouse, the Olongapo City Hall, Ulo ng Apo, and the Olongapo City Public Market.
Olongapo is a highly-developed city in the province of Zambales. It’s famous for its innovative approaches to urban management that began in the 1980s, particularly in addressing crime and preserving cleanliness. Some policies pioneered by the city are the Color-coded Transport System, Integrated Solid Waste Management System, and the People's Law Enforcement Board. In 1997, the city won the UNESCO Cities for Peace representing Asia and the Pacific and the Konrad Adenauer Local Medal of Excellence in 1999.
This progressive yet peaceful environment makes buying a house and lot for sale in Olongapo City an excellent choice for those who want to live a secure and stable life. Families, retirees, and shrewd investors will benefit most from this kind of atmosphere.
Purchasing a house and lot for sale in Olongapo, Zambales, puts you near the following nearby establishments:
Schools in Olongapo City:
Malls in Olongapo City:
Hospitals around Olongapo City:
The price for a house and lot for sale in Olongapo City starts at PhP 2.6M and can go up to P55M. These options may already come with premium features like a swimming pool and a gated garage.
For buyers who love the sight of the beach, there are also listings for a beachfront house and lot for sale in Olongapo, Zambales, that starts at PhP 6.7M. If you’re planning to lease the property out, you can expect to fetch around PhP 47k a month.
Olongapo is a large, highly urbanized area that is quickly developing into a major tourism hub. The city offers exceptional shopping, dining, and adventure opportunities for travelers, expats, and new residents who have just purchased a house and lot for sale in Olongapo. The city is situated in the western Pacific Ocean which means beaches are plentiful and there are a lot of harbors and marinas. The night market, which begins at 5PM until midnight, has also become an attraction.
In terms of transportation, Olongapo has a well-organized network of roads and rectangular street grids. Jose Abad Santos Avenue is considered the primary thoroughfare that connects Olongapo to the rest of Zambales province. For air travel, the Subic Bay International Airport serves the general area of Olongapo City and the neighboring Subic Bay Freeport Zone.
Due to its history, economic vibrancy and geography, Olongapo has become a popular retirement and expat destination. Due to its mountainous land area and proximity to the coast, a house and lot for sale in Olongapo, Zambales, however, may be considered more expensive in Olongapo than in other parts of Zambales.
When you purchase a house and lot for sale in Olongapo, you can look forward to numerous job opportunities in retail and food service in Olongapo’s small shops, markets, and dining establishments. The largest commercial establishment here is the Subic Bay Freeport Zone, a tax and duty-free zone similar to Hong Kong. Its close proximity to Olongapo has facilitated a spillover effect which continues to significantly benefit the city’s economy.