A vacant residential lot is a blank slate full of possibilities, especially for families with big dreams. That’s why a “raw” property is a great investment in 2022 particularly if you want to have a backyard for your garden or an extra room for your home office and the kids’ play area.

It’s also ideal for investors waiting for value appreciation as this type of property requires only a little maintenance. Most importantly, vacant lots are priced lower compared to house-and-lot packages.

With that said, investing in a vacant lot – especially in the suburbs like buying a lot in Pampanga – is a wise choice. However, just like in any other property, there are lots to be considered before purchasing. Here are some of the things to look into:

First of all, LOCATION

Ask yourself, “What do I plan to do with this property?” If you plan to build a home for you and your family to live in, consider buying in a family-friendly locale. It has to be in a community where your daily needs and workplaces are accessible.

The same considerations apply if you plan to buy a vacant lot for property investment. Buyers would want the same accessibility and ease of living if they were to consider building a home, while business owners (if you bought a commercial lot) would want to be in a prime location.

Pampanga’s a great example. A major transportation hub, road networks including the North Luzon Expressway, Subic–Clark–Tarlac Expressway, and MacArthur Highway connect it to different parts of the country. The city’s economic activity combined with accessibility is one of several reasons why lots for sale in Pampanga are on the rise.

Provisions for building

In line with the location of a vacant lot is the availability of provisions for utilities needed for a home. If you are the eventual end-user of the land, make sure that it is in a hotspot for water, electricity, and internet service providers. If you plan to sell the vacant space in the future, the accessibility of these provisions will definitely attract more buyers.

Properties in gated residential projects are your best bet. Here, almost all provisions are already in place. All you need to do is design and build your dream home.

Claremont, a residential community in Mabalacat City, is a great choice if you want to invest in a lot for sale in Pampanga. It is developed by Futura by Filinvest and allows for easy travel to key Pampanga cities like San Fernando and Angeles. It also gives you green open spaces and refreshing amenities like swimming pools and a playground to complete modern suburban living.

The price

One of the most common reasons why home buyers and real estate investors choose to buy a vacant lot is that it costs significantly less than an already built property. It allows them to embark on real estate ownership, while gradually building towards the ideal home to live in.

With that said, it is important to make sure that the lot you consider buying is set at a fair price. This helps you ensure that you aren’t tied to a home loan that restricts your finances and still allows you the monetary flexibility to build your dream home.

Take these three pieces of advice into consideration and you can maintain the high value of your property, making it a worthy investment for you and your family. Whatever your goal for real estate ownership is, you can’t go wrong with a well-selected vacant lot for sale.

lots for sale in pampanga

Enjoy the Heart of Living at Claremont

Discover lots for sale at Claremont in Mabalacat, Pampanga. This exclusive Modern Asian-themed subdivision offers a comfortable metropolitan lifestyle that is close to nature. Its strategic location near the Clark Special Economic Zone also gives a peaceful ambiance and gives families a picturesque view of Mt. Arayat and the majestic mountain ranges of Luzon.

To learn more about Claremont, visit the community’s official page. To discover vacant lots for sale in other top locations in the Philippines, reach out to us at Futura by Filinvest.