Cebu Real Estate Information

Comprehensive information for empowerment of property buyers, sellers, and salespersons


Cebu Properties


CEBU CITY HOUSE AND LOT 

88 Summer Breeze

Acacia Drive

Courtyards of Pasadena

Michael James

Murano 4BR Riverdale

Sapphire 3BR Riverdale

Emerald 4BR Riverdale

Riverdale Subdivision

Ruby 4.5BR Riverdale

Gavina 5BR Riverdale

Fatima 5BR Riverfront

Elaisa  5BR Riverfront

Drina   4BR Riverfront

Carmela 3BR Riverfront

Greenwoods Executive Village

Marga  2BR Riverfront

North Belleza Talamban
  

CEBU NORTH HOUSE & LOT

88 Hillside Mandaue City

Aduna Beach Villas

Amoa Subdivision

Anami Homes Jugan

Aspen Heights  (Lot only)

Aspen Heights Fiona H&L rfo

Aspen Heights Aurora H&L rfo

Casa Cerro Compostela

Casili Residences

Crown Heights (Lot only)

El Montegrande 200 sqm Lot

El Monteverde de Cebu

Elizabeth View Homes

Garden Bloom Villas

Greenville Heights

Lunah 2-storey 4BR

Mandaue Lot 7,825 sqm

Northfield Residences

Redwood Subdivision

Richwood Homes

Summerhills (Lot only sale)

The Heritage (Lot only)

Villa Melissa Liloan

Virtacci Hills

Vista Verde Residential Estates

Yanessa Country Homes   


MACTAN HOUSE & LOT

Acasys Homes

Astele

Bali Residences

Blessed Sacrament

City Homes Mactan

CKL Homes

Collinwood Subdivision

Discovery Bay Resort

La Aldea del Mar

Pacific Grande 2

Park Place Twin Homes

Solare

Summerville Cordova

Sunberry Homes

Teakwood Subdivision

Villas Magallanes (Lot only)


CEBU SOUTH HOUSE & LOT  

88 Brookside Talisay SRP

4BR H&L overlooking sea

Baywalk Talisay

Beachfront house Talisay

City Homes Minglanilla

Malibu Residence

San Fernando 2.5 hec

South Covina

The Villagio

Velmiro Heights

Villa Donna Talisay

Vista Grande Overlooking  

 

 CONDOMINIUMS

Amisa Condo

Apple One Banawa

Arterra Residences 

Atelier Residences

Avalon Condo Ayala

Avida Towers

Azalea Place

Bamboo Bay

Bayanihan Flats

Bloq Residences Mandaue

Diamond Suites & Res

Eagles Nest

Grand Residences

La Mirada

Marco Polo Residences

Myvan Cityscape

Myvan Cityscape 2

Myvan Grand Tower

One Oasiis

Pacific Grande condo

Penthouse Woodcrest

Saekyung Village One

The Trillium Residences

Vertu Residences

Woodcrest 2BR condo rfo

 

RAW LAND FOR SALE 

Casili Mandaue 7,825 sqm

SanFernando 2.5 hec. cheap

 

HOUSES & APARTMENT

2BR apartment for rent in Mandaue

1BR condo for rent in Mandaue 15K 

2BR condo rent in Mandaue 28

IT Park Lahug 1BR condo

Metropolis 4BR house for rent 40K 

Want to earn extra income?

 



Condominium Unit or House and Lot? What's the best investment?

CONDOMINIUM UNIT OR HOUSE AND LOT? WHAT’S THE BEST INVESTMENT?

 LOCATION IS A VERY IMPORTANT CONSIDERATION.

There is always a need for people to be closer to what the city can offer. The productivity to be closer to their place of work, the convenience to be closer to Malls, the security and safety to be closer to reputable hospitals in case of emergency, the ease and comfort of travel for the kids to go to school everyday. Moreover, it’s the lifestyle that the city can bring when people can live, work, and play in one place never bothered by traffic and the high cost of maintaining a car. And why does it have to be a condo? Why not house and lot? It’s simply because in a growing city, house and lot is becoming scarce and very expensive. In a place where vacant lots are abundant, a condominium project if ever erected will never prosper. It’s because people always have preference of a house and lot over a condominium unit even with all the amenities a condo can offer. Therefore a condominium unit is an alternative to house and lot if the latter has become beyond their reach for a desired location.

Residing 30 kilometers from office

    While it is true, that location is a prime consideration why people prefer condominium units over a house and lot, based on my 7 years of experience in dealing with real estate buyers mostly foreigners, there are 3 main advantages of house and lot that are still making a commanding reason for people to go for it even if they need to be far from their desired location, and these are:

1)    SPACE – A house and lot offers more space to live with than a condominium generally speaking. You have land for a garden and the space is expandable if needed when the family grows and when budget allows.

2)    FREEDOM – A house and lot enjoys more freedom with less restrictions as compared to restrictions in the use of a condominium unit.

3)    APPRECIATION VALUE – The value of a house and lot appreciates far more than a condominium unit because of the land which never depreciates. A building depreciates therefore, when you sell a condominium unit several years after using it, you cannot expect a price far from what you have paid for as it’s value focuses  much only on it’s usage without ownership of land. But if you sell a house and lot after several years of using it, you can expect to sell it even double than what you have paid for and this is really happening everywhere.

While condominiums are on the rise, the houses and lots will continue to be the frontrunners of progress. Condos will always remain alternatives when desired location becomes the primordial consideration of buyers for a home. House and lot buyers are much safer when it comes to investment because they can be sure that their piece of investment will always be in demand as the next development will have to be farther away. What about condominium unit? Well, anytime, it’s always easy for a developer to find a 1000 square meter vacant lot in the city and develop it into a high rise condo that will compete with the existing condominium units.

So, what’s the answer to the question, condominium or house and Lot? What’s the best investment? The answer is obvious. House and lot if you can but your alternative is condo when location becomes your prime consideration.

Discover the online way of money making career path in Real Estate

Engr and Real Estate Broker  Manuel Jr Arengo 

 Real Estate Broker License No. 0007808 (PRC)