Lot-only Properties: the easy ticket to real estate ownership

Real estate ownership and investing are not always about lucrative houses and tall buildings. There are other ways of owning real estate that does not sacrifice value appreciation and returns. One of them is investing in lot-only properties.

What are lot-only properties and their advantages?

Lot-only properties are vacant tracts or parcels of land that have no built structure. By this definition, any seated land is a lot-only property. However, not all of these vacant lands are profitable. If you want a lot-only property as an investment, the most common options are residential, commercial, or industrial lands.

Unlike other types of properties, lot-only parcels are relatively easy to acquire. For one, they are affordable for investors with limited funds. Secondly, vacant lands offer more freedom and flexibility on what you want to build in the future.

In addition, most lot-only properties provide you the liberty to develop the land according to your needs and tastes. Lot-only properties require less maintenance, unlike houses and condominium units, land only needs a little tending to keep it marketable.

These advantages make lot-only properties attractive starting points for first-time real estate investors.

Lot-only properties are a hit—but where do you place your bets?

Your first consideration when buying a lot-only property should be your budget. Though a vacant lot requires less maintenance, you still have to pay taxes for the property. Make sure the lot you choose complements your present and future financial plan.

Next, choose a lot-only property not based on price but on the purpose they will serve you. If you are acquiring a lot to build your dream house or a retirement abode, your safest choice is a lot in a gated community like Camella.

Thirdly, think about the location. A good lot-only property address should give you an assured value appreciation. Consider the future potential of the area, which will determine your property’s marketability in the future.

Lastly, ensure that you buy a lot-only property from a trusted developer. Long-time developers have a proven track record to show, especially for value appreciation. For trusted developers like Camella, your property is in a masterplanned location with sure future developments in the pipeline. Buying from trusted developers helps you avoid fraudulent transactions by keeping you in touch with only accredited partners and brokers.

Why put your money in lot-only properties?

Lot-only parcels are lucrative investments that require less effort than other property types. Furthermore, Colliers Philippines projected a rebound for real estate in 2022 that you can take advantage of. This includes a rise in land values in residential areas beyond the National Capital Region from infrastructure developments and connectivity. For example, key provinces like Bulacan will significantly benefit from the MRT-7 completion and the construction of the New Manila Airport, making it an ideal investment location beyond the big metro.

Provence: The greener pasture for lot-only properties in Bulacan

Looking for profitable properties beyond Metro Manila? Consider the real estate opportunities in Malolos, Bulacan. Dubbed as the ‘Gateway to Manila,’ Malolos is a rapidly-growing economy and one of the most desirable locations in the rising North Luzon.

Located at the heart of Malolos is Provence, a French-inspired masterplanned community in Bulacan. Here, Camella offers premium lot-only properties near commercial establishments and upcoming developments in Bulacan. For more information, visit www.camella. com.ph. Follow @CamellaOfficial on Facebook, Instagram, and Twitter.