10,000+ Affordable House and Lot for Sale in Baguio City | Carousell
Carousell offers huge list of house & lots for sale in Baguio city. Offering properties like foreclosed houses, RFO, preselling, single attached houses @cheap price!
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House and Lot for Sale in Baguio City
Baguio City is a highly-urbanized city located in the Benguet province and within the Cordillera Administrative Region (CAR). This city is home to 366,358 people, representing 20.38% of the total population of the CAR. This city is known as the Summer Capital of the Philippines because of the fact that its cool climate creates a refreshing contrast to the otherwise tropical temperament of the rest of the country. It is home to many tourist attractions that tourists flock to at all times of the year such as several popular parks that best highlight the natural beauty of this city.
Due to the fact that the city is a fairly popular tourist destination, it makes sense that there are a number of real estate opportunities present in the city. If you’re interested in buying a house and lot for sale in Baguio City, then there’s no need to worry about a lack of choice as there is plenty of real estate for you to choose from and purchase. You can start by looking at a more modestly-sized home with 2BR in this city that has a price ranging from PHP 3,500,000 to PHP 5,600,000 and an average floor area size of around 62.30 square meters (sqm.). You can also get a 3BR home for a price ranging from PHP 4,200,000 to PHP 26,000,000 for an average floor area size of 223.80 sqm. These homes are near many of the commercial establishments that you can find in the city, like a grocery store and a bank or ATM which is convenient as a resident or as a tenant. Aside from these two types of property, you can also get a more spacious home with 4BR for a price range of PHP 5,800,000 to PHP 35,000,000 with an average floor area of 270.56 sqm. You can get an even larger home with 5BR or more bedrooms for a price ranging from PHP 1,300,000 to PHP 235,000,000 with an average floor area of 397.34 sqm. Instead of getting a plainly new house for purchase in the city, you should also look for properties in other conditions so you can get a discount on the asking price. For example, you can find plenty of pre-selling properties and you can find one with a starting price of PHP 5,000,000 with an 80 sqm. floor area. You can also purchase a pre-owned house and lot in this neighborhood for a price ranging from PHP 1,300,000 to PHP 24,000,000 with an average floor area size of around 335.29 sqm. You can also get more leverage during negotiations if you purchase a bank foreclosed house that is available in this neighborhood for a price ranging from PHP 3,000,000 to PHP 15,000,000 with an average floor area of 280.41 sqm.
Once you find a property that you find interesting and you want to invest in this neighborhood, your next step is to negotiate. There are several payment options available in this area and some common examples would be bank financing, in-house financing, Pag-IBIG financing, and direct cash payment. It’s best to discuss the payment methods directly with the property manager or seller using Carousell’s chat feature so you know what to prepare.
Frequently asked questions
A property in Baguio City is a lucrative property given the fact that it’s a popular city for tourists all over the country. If you have a property here, you can convert it into a profitable income-generating property or you can have a convenient summer home or permanent residence in a cool environment.
A pre-selling property is any property that hasn’t finished construction that’s up for sellers already. Developers do this to get some money to offset construction costs and to also get a guaranteed seller for a property as soon as possible. On the other hand, the buyer can purchase a property for a lower price than the property would be once it finished construction.
A pre-owned house is a home that has had people use it before or live in it before. Unlike a new property, a pre-owned house has been used so one can usually fetch this property for lower than its market value in comparison to some of the other properties with similar features and properties.
A bank foreclosed property is a property that the bank now owns because the previous owner failed to pay previously agreed upon loans. The longer a property has been foreclosed, the more leverage you have for negotiating prices with the property’s asking price.
The average costs or asking price of a property in this area would cost an average of PHP 16,713,513.
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