2.2-HECTARE RAWLAND FOR SALE ALONG NATIONAL HIGHWAY . BACUNGAN, PUERTO PRINCESA
₱1,000 per sqm
Real Estate Agent
About This Property
A substantial 22,288 sqm (2.2 hectares) parcel of land with direct frontage along the National Highway is offered at ₱1,000/sqm. Its highway frontage is one of its strongest investment advantages, providing excellent accessibility, visibility, and potential for a range of future uses, subject to applicable zoning and development approvals. The property is currently planted with various trees, predominantly bamboos, giving the land an established natural setting. Located within the wider Puerto Princesa tourism and leisure corridor, the area has established resort and hospitality developments, including Astoria Palawan. Harbour Springs Resort & Spa Village, and other tourism-oriented properties in the city. Puerto Princesa's tourism office also lists numerous accommodation and resort establishments along and around its national highway corridors.
Location Insights
This farm is located in City of Puerto Princesa.City of Puerto Princesa is one of the Philippines' most sought-after areas for property investment, offering a mix of lifestyle, accessibility, and value.
Price Analysis
This farm is listed at ₱22.29M. With a lot area of 22,288 sqm, this translates to approximately ₱1,000 per sqm — a competitive rate for City of Puerto Princesa.
Property prices in City of Puerto Princesa vary based on location, building quality, floor level, and available amenities. Buyers are encouraged to compare nearby listings and consider long-term value appreciation when evaluating this property.
Investment Potential
This farm in City of Puerto Princesa presents a solid investment opportunity in the Philippine real estate market. Properties in this segment typically yield rental income of 4%–6% gross annually, depending on occupancy and lease terms.
Based on the asking price of ₱22.29M, comparable rental income for a farm in this area is estimated at approximately ₱74,293–₱111,440 per month. Actual returns depend on market conditions and property management.
* Rental yield estimates are indicative only and based on general market averages. Consult a licensed real estate broker for a formal investment analysis.
Property Details
Your est. payment: ₱169,428/month*
*Data used for estimated monthly cost is based on current Philippine bank rates and may vary.
₱2,451,680
₱609,200
Bacungan Barangay Health Station, Damayan, Bacungan, Puerto Princesa, Mimaropa, 5300, Philippines