PROP-660B94C8

Monterey Hills | Lot for Sale in Marikina City

Azucena Street, Marikina City
Property main imageProperty main image
₱20,160,000
For Sale
Land
unfurnished
576.00
Lot sqm

About This Property

Nestled within the heart of Marikina City is a generously spacious lot that invites potential homeowners and investors alike to embark on creating their personal retreat. This unique opportunity offers an expansive land area ideal not just for construction, but as a future haven or income-generating property in the Philippines' burgeoning real estate market. The lot spans 576 square meters of untouched potential and stands ready to be developed into any envisioned abode that suits your lifestyle preferences. While currently available for sale, this well-located parcel promises a solid foundation upon which dreams can build with its ample room and strategic position within Marikina's vibrant community fabric. Monterey Hills is the project aspiring to bring this vision into reality under the watchful eye of an established developer in Metro Manila, ensuring high-quality development standards are met or exceeded on sites like these that promise not just land but potential prosperity and a slice of Philippine living luxury. Marikina City's strategic location as one of the Philippines’ premier residential areas is evident with its excellent accessibility to Metro Manila, ensuring connectivity and convenience for residents or investors alike while offering proximity to essential amenities and services within walking distance from this lot in Monterey Hills. Investing here means entering at a significant value proposition—a plot of land priced reasonably yet promising growth potential that reflects Marikina's dynamic real estate market, currently listed for sale with an asking price of ₱20.16 million, presenting both opportunities and stability within the Filipino property sector to those ready to invest or build their future home here in Monterey Hills, City of Marikina.

Location Insights

This land is located in City of Marikina, within the Monterey Hills development.City of Marikina is one of the Philippines' most sought-after areas for property investment, offering a mix of lifestyle, accessibility, and value.

Price Analysis

This land is listed at ₱20.16M. With a lot area of 576.00 sqm, this translates to approximately ₱35,000 per sqm — a competitive rate for City of Marikina.

Property prices in City of Marikina 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 land in City of Marikina 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 ₱20.16M, comparable rental income for a land in this area is estimated at approximately ₱67,200₱100,800 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.

What's Nearby in City of Marikina

Dining & Restaurants

  • I Love Milktea Victory Mall Antipolo150m
  • Tambayan Na Walang Pangalan170m
  • Sisig Na Walang Pangalan Marikina170m
  • Zlato Coffee240m

Points of Interest

  • Saint Cosmas Medical Clinic40m
  • GBA Construction Services60m
  • The Off Duty Bumbero60m
  • AVD Academic Tutorial Services60m

Hotels & Accommodation

  • Monterey, Fortune Marikina120m
  • Hilltown Subd. Marikina Heights Marikina City160m
  • Victory Hills Fortune Marikina290m
  • Santan, Fortune Marikina City320m

Property Details

Property TypeLand
Listing TypeFor Sale
Lot Area576.00 sqm
Furnishingunfurnished
Listed OnMarch 13, 2026
Project Details

Monterey Hills

0

Available

0

Affordability
Calculate your monthly mortgage payments
Your est. payment: ₱153,586/month*
₱20,160,000
₱4,032,000
20%
7.5%
₱153,586/month
Principal & Interest
₱129,926
Property Tax
₱16,800
Home Insurance
₱3,360
HOA/Condo Dues
₱3,500

*Data used for estimated monthly cost is based on current Philippine bank rates and may vary.

Sales Closing Costs
2025 Rates
Broker Commission
Seller Pays

₱2,217,600

Buyer Pays

₱556,000

Total Closing Costs₱2,773,600
Location

Azucena Street, Marikina City

14.655622, 121.131204

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Discover What's Nearby

Key landmarks, restaurants, cafes, banks, and more around Monterey Hills

Nearby Places
Distance from Monterey Hills to nearby establishments

Restaurants & Cafes

10 locations within 2km

Walking
I Love Milktea Victory Mall Antipolo
150 m
Tambayan Na Walang Pangalan
170 m
Sisig Na Walang Pangalan Marikina
170 m

Other Places

10 locations within 2km

Walking
Saint Cosmas Medical Clinic
40 m
GBA Construction Services
60 m
The Off Duty Bumbero
60 m

Hotels & Resorts

10 locations within 2km

Walking
Monterey, Fortune Marikina
120 m
Hilltown Subd. Marikina Heights Marikina City
160 m
Victory Hills Fortune Marikina
290 m

Malls & Shopping

10 locations within 2km

Walking
Kambal Variety Store
310 m
Sonja Sari Sari Store and Demons Burger
340 m
Newstar Supermarket - Taytay Rizal 1
490 m
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