Commercial/residential | 741sqm Commercial Space for Sale in Parañaque City
₱67,476 per sqm
About This Property
1. This property is a versatile commercial space available on sale within Parañaque City in the Philippines—offering ample room and potential growth opportunities to prospective buyers. Spanning an impressive area of 741 square meters, it's ideal for business ventures that seek robust spatial accommodation or residential spaces looking for a substantial living environment. With 2 bedrooms and 4 bathrooms ensuring privacy, the property promises both functional utility in commercial use as well as comfortable comfort at home. 2. The expansive ground floor provides an area of not just spaciousness but also flexibility—offering a generous gross rentable square footage (GRSF) alongside ample open space for personalization and eventual expansion or diverse business needs. Additionally, the property boasts 485 square meters in lot size that can accommodate further development opportunities if desired. A four-slot parking facility is available to cater to convenience while traveling between city hubs within Metro Manila’s bustling metropolis—an essential feature for any serious business endeavor or residence seeking ease of accessibility and mobility in a busy urban setting. 3. This commercial space, developed by the well-regarded Parañaque City Development Corporation (PCDC), is poised as an attractive investment opportunity that promises substantial growth potential within its prime metropolitan location—a testament to PCDC's commitment and expertise in providing top-tier properties. 4. Nestled comfortably at the heart of Parañaque City, this property is conveniently located near major arteries such as C-5 Road leading out into Manila’s expansive urban grid—facilitating easy access to national thoroughfares and international airports alike within a short commute. This strategic positioning ensures not only quick travel but also robust connectivity in one of the Philippines' most vibrant economic hubs, where business opportunities abound alongside cultural diversity that enriches daily life for both commercial activities or residents seeking an engaging community experience. 5. The property is well-equipped with a fully furnished setup to ensure immediate occupancy and operational readiness—boasting modern finishings, energy-efficient appliances, high-speed internet facilities, as well as ample workspace that can accommodate various business operations such as retail spaces or office suites. 6. Priced at ₱50 million, this property stands out for its exceptional size and potential—offering a rare opportunity to secure prime real estate in Parañaque City with an appealing balance of commercial viability coupled with residential luxury within one comprehensive package.
Location Insights
This commercial is located in City of Parañaque, within the Commercial/residential development.City of Parañaque is one of the Philippines' most sought-after areas for property investment, offering a mix of lifestyle, accessibility, and value.
Price Analysis
This commercial is listed at ₱50.00M. With a floor area of 741.00 sqm, this translates to approximately ₱67,476 per sqm — a competitive rate for City of Parañaque.
Property prices in City of Parañaque 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 commercial in City of Parañaque 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 ₱50.00M, comparable rental income for a 2-bedroom commercial in this area is estimated at approximately ₱166,667–₱250,000 per month. Actual returns depend on market conditions and property management.
With 741.00 sqm of floor area, this property offers practical living space that appeals to both owner-occupiers and investors seeking long-term capital appreciation in the Philippine property market.
* 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: ₱375,737/month*
*Data used for estimated monthly cost is based on current Philippine bank rates and may vary.
₱5,500,000
₱1,302,000
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