10,000+ Furnished House & Lot for Sale in Banilad, Cebu City | Carousell

Help yourself to these affordable house & lot for sale in Banilad, Cebu City. Carousell has listings for these homes starting for low rates @ PHP 1M to 8.5M.

House and Lot for Sale in Banilad, Cebu City

In the city of Cebu lies the barangay of Banilad, which belongs to the province of the same namesake as the city, Cebu, under the Central Visayas region also known as Region VII. This barangay serves as the place of residence of about 6,336 people according to the 2020 Census. With that said, this barangay would then be responsible for occupying 0.66% of Cebu City’s entire population. This barangay is more on the outskirts of the more populated and high-traffic area of the city, but it still has many commercial establishments within its borders such as a resort, a major university, a hotel, and cafes and restaurants here and there.

As mentioned before, this barangay isn’t in the heart of the city, which means that buying property from this place is a great place to start if you want to invest in the city. That’s because this part of the city isn’t as populous, but it is still conveniently located to be near the major parts of the city. Therefore, buying a house and lot for sale in Banilad, Cebu City can be a great persona or business investment either way. Since this area isn’t as commercially active, it would be a good idea to look at the pre-selling houses available for purchase from this neighborhood. The price of such a house would be ranging from PHP 8,500,000 to PHP 55,000,000 with the floor area size ranging from 300 square meters to more than 600 square meters (sqm.). This part of the city or this barangay in particular is home to many large, luxurious homes that are spacious. For example, if you want to start or grow your family, then the best size for a home that you should go with would be a 3BR house. The price of a house of this size would be around PHP 8,500,000 to PHP 80,000,000 and you can go as basic or as luxurious as you want to be. If a 3BR isn’t large enough for you or your needs, then you should consider looking at the 4BR houses available in the area. The 4BR houses that you can buy from this barangay would cost somewhere around the range of PHP 6,890,000 to PHP 88,000,000 with an average floor area size of about 375.4 sqm. So far, you can see that many of these houses can be affordable while some can be quite expensive. For some people buying a house, they might be interested in getting cheaper houses from this barangay. For this case, you might want to look at the pre-owned houses on offer. For example, there is a property of that condition from this neighborhood that is around 300 sqm. in floor area size and has three bedrooms and bathrooms. The price of such a property is around a negotiable PHP 40,000,000.

The variety of houses from this neighborhood means that you should make sure to narrow them down through a set of criteria of your wants and needs if you want to make it easier to find the property for you. Once you do find the property that you want to buy, you can directly talk to the property seller or manager regarding further negotiations as well as clarifications on the payment method. For example, some places prefer bank financing while others accept Pag-IBIG financing.

Frequently asked questions

A property from this neighborhood means that you get as much privacy as you want if you’re looking for a home that’s serene and quiet and doesn’t have too much of the noise that comes with city living. At the same time, it’s not that far away from the major commercial establishments in the city that it would make it inconvenient for you. As a business investment, real estate from this area still has plenty of room to grow so you’re sure to find a profit from the property that you buy here, especially if you hold it over time before selling it off.

The average selling price of a house from this neighborhood is around PHP 114,000 per square meter of the property.

A pre-owned house is a great way to be able to buy a house at a more affordable price. Since it’s not newly constructed, that usually means that you can get the property for a lower asking price. Although it’s not new, you can still get many of the same features and amenities that properties of the same type have only you get the house for a cheaper price.

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