10,000+ RFO House and Lot for Sale in Cebu City Labangon | Carousell

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House and Lot for Sale in Labangon, Cebu City

Labangon is a barangay that you can find in Cebu City. It's a part of the Cebu province and it belongs to the region of Central Visayas (Region VII) as well. According to the 2020 Census, this barangay currently has 32,825 people living here which means that this barangay is home to 3.40% of the entire city's total population. This barangay is a very commercially active part of the city. It is home to establishments such as several transportation hubs, a major university, as well as different shops and stores in the area.

Alongside the commercialized areas and establishments of this barangay lies the many other private residential subdivisions that are also present in this barangay. There are plenty of people who call this neighborhood their home so if you want to buy a house and lot for sale in Labangon, Cebu City, you’re going to have a variety of residential communities in this area that will welcome you. Now, with that in mind, if you’re going to start shopping for houses from this neighborhood, you can’t go wrong with getting a 2BR house as a starter home. The price of a house of this size would range from PHP 4,000,000 to PHP 4,724,000 with an average floor area of around 50 square meters (sqm.). Another good size of a house for a starter home would be a 3BR house which would cost somewhere from a price of PHP 2,600,000 to PHP 15,000,000 with a floor area size ranging from 40 to 300 sqm. Some people might be interested in seeing the more luxurious houses and spacious homes on offer from here. In this case, a 4BR house should offer enough space for both comfort and luxury. The price of a house like this would range from PHP 6,645,000 to PHP 33,000,000 with an average floor area size of about 351.78 sqm. If you want to make use of the house that you purchased as soon as possible, then you should consider getting a house that is ready for occupancy. There are many ready for occupancy homes available in this area and these types of homes would cost somewhere from PHP 2,600,000 to PHP 28,000,000. The amenities and features that come with these homes vary, but a lot of the time you can expect that they come with a parking space as well as an outdoor area that you can turn into a garden if you want to. Aside from that, many of the homes are located in an exclusive subdivision so you can also enjoy 24/7 security so you can feel as safe and comfortable in your home as possible.

Before you start buying a house, it’s a good idea to narrow down the amenities and features that are non-negotiable for you so that you won’t have a hard time finding the property that you want out of all of the options available to you. Once you have narrowed down your options, your next step would be to directly contact the property owner using Carousell’s chat feature to ask them what their preferred payment method is. For example, some sellers prefer bank financing while others are willing to accept Pag-IBIG financing.

Frequently asked questions

This barangay is located near the heart of the more populous and commercialized area of the city. Therefore, if you’re buying property from here for business purposes, you’re sure to find property here increasing in value over time just because of how active the community is. As a long-term place of residence, you are strategically located to have everything that you need within a short distance from your home. Thus, you won’t have many inconveniences in terms of the location of your home when you live in this barangay for a long time.

The average price of such a property from this neighborhood would average at about PHP 94,500 per square meter of the house.

A ready for occupancy house is RFO in short. This type of property means that once you finish negotiating with the property owner you should be able to move in as soon as possible because many of the utilities and such are already set up in the property.

The other barangays that share a border with this barangay and are a part of the same city are the following: Calamba. Duljo (Poblacion), Guadalupe, Punta Princesa, Mambaling, San Nicolas Central, and Tisa.

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