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Lot For Sale With Sea Views

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Palawan News

palawan - Yahoo! News Search Results
palawan - Yahoo! News Search Results

Palawan ex-guv, brother now on Interpol wanted list
19 May 2012 at 6:57pm
MANILA -- The National Bureau of Investigation (NBI) has placed former Palawan governor Joel Reyes and his brother, Coron Mayor Mario Reyes, in the red notice list of the International Criminal Police Organization (Interpol). The Reyes siblings were charged with murder for the death of radio broadcaster and environmental activist Gerardo "Doc Gerry" Ortega. read more
Ian Somerhalder arrives in Palawan
21 May 2012 at 3:54am
MANILA, Philippines ? American actor and model Ian Somerhalder arrived in El Nido, Palawan on Sunday noon.
Vampire Diaries star Ian Somerhalder in Palawan for Penshoppe shoot
21 May 2012 at 4:36am
ABS-CBNNews.com reports that The Vampire Diaries star Ian Somerhalder, who's been tapped to endorse Penshoppe, arrived in El Nido, Palawan on Sunday noon, May 20. He had arrived in Manila on Saturday, May 19. The report revealed that Somerhalder is set to do a photo shoot for the clothing line. The report noted that in his latest tweet on Monday morning (May 21), Somerhalder wrote: "Reporting ...
PAGASA expects rain over north Luzon, Palawan, Mindanao
19 May 2012 at 12:58am
Scattered rain showers and thunderstorms may fall over parts of Northern Luzon, Palawan and Mindanao Saturday, the Philippine Atmospheric Geophysical and Astronomical Services Administration said.
Abused Cebuano workers rescued in Culion, Palawan
4 May 2012 at 12:35am
THEY went to Palawan last week to earn a living. But on Sunday, 43 male construction workers from the town of Pinamungajan, southern Cebu, had to be rescued.
MASWINGS' DECISION TO FLY TO PALAWAN HAILED AS GIFT FOR KUDAT FOLKS
10 May 2012 at 11:00am
KOTA KINABALU, May 10 (Bernama) -- MASwings'' announcement to fly to PuertoPrincesa, Palawan in the southern Philippines by the end of October this yearhas been hailed by BIMP-EAGA Malaysia Business Council chairman Roselan JoharMohamed as heaven''s gift to the people of Sabah, particularly in Kudat.He said with greater connectivity, more trade can be achieved between Kudatin the northern part ...

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Puerto Princesa Property, Palawan, Philippines

Subdivision Lot For Sale With Clean Title - P420,000 - Private Sale (No Brokers Please)

Please Note:

1. A Discount is Available For Payment in $US. The dollar price would be US$9000.

2. This is a gross price which includes processing the transfer of title and all sale taxes. Please take care when buying property that the purchase price you are quoted includes such costs, which can amount to 10-15% of the price if broker's commission is included, and that it is clear what charges you are responsible for.


This 120 square meter residential lot for sale is on the Princeville Country Homes Subdivision in Sta Monica, Puerto Princesa, which is Palawan's capital city. Palawan is a leading tourist development province in the Philippines which is being increasingly discovered by national and international tourists. This is leading to strong economic growth in Puerto Princesa itself, which is providing for investment opportunities for Filipinos working overseas, as well as foreign investors and residents of the Philippines.

The subdivision consists of only 48 residential lots, of which 41 have now been sold and the remainder are for house and lot packages only. This particular lot we bought a couple of years ago with the intention of buying adjacent lots and developing a boarding house for university students and the expected influx of new workers when Robinsons Mall and other commercial operations open in the coming months. We have had to abandon our plans due to the strengthening Philippine Peso and decline in overseas income, and for no other reason. This is a genuine private sale by the Filipina/British owners. We are the first title holders of this lot, which is lot 14. Transfer of title should be relatively fast once the payment has been made.


Long View of the Residential Subdivision at Sta Monica, Puerto Princesa in Palawan

A view of a long stretch of this small singl road subdivision in Puerto Princesa, Palawan

The Princeville Country Homes subdivision consists of a single road with a dead end, although the far end does have several lots off to the side, and which provides a turning space for vehicles. The actual lot for sale is on the left before the car, and as you can see there is already some construction underway. The location is one of the most pleasant residential areas of Puerto Princesa City Proper. Although it is very convenient for the new shopping mall and new market, it still has a country feel about it. The lot is very close to the Butterfly Farm and to the spectacular views of the much higher Baker's Hill. It is also a very good location from which to explore the vast areas of Palawan, with its white sand beaches, stunning diving sites, rain forests and magnificent landscapes.


Concrete Road Leading to National Highway South A Few Minutes Drive Away

The concrete roads leads to the National Highway South just a few minutes away. From there you can head south to explore the southern municipalities of Palawan as well as other areas with Puerto Princesa City boundaries.

The above picture and the one below show the concrete road which leads in one direction to the National Highway South and in the other direction to the National Highway North. It is a smooth ride without much traffic and residents of this subdivision will appreciate this fact more and more as traffic in the older part of Puerto Princesa City Proper becomes congested at certain times of day. It is a generally peaceful part of the city and with commercial conveniences being developed in nearby San Jose is likely to become increasingly in demand. In fact, prices of property have begun to increase quite strongly in the last year or two. Although the price is non-negotiable preference will be given to a buyer who can pay in US dollars, due to the great uncertainties surrounding the currency markets around the world.


Concrete Road Leading to National Highway North A Few Minutes Drive Away

This concrete road leads to San Jose and Robinsons about ten minutes away

The lot for sale is 120 square meters and there is no requirement to build a house within a particular timescale. Should you just wish to retain the lot for investment or to retire to in the future that would be fine. This makes the lot especially suitable for OFW's who plan to return to the Philippines in the future and want to avoid the typhoon, flooding, volcano and earthquake prone provinces. One or two storey houses are probably most suitable for the size of lot, but the onus would be on the buyer to come up with building plans that met City planning regulations and standards.

If you are interested in purchasing this property please use the contact form:

Contact Form


House Being Constructed on a Nearby Lot on the Same Subdivision

This is a house underconstruction on the subdivision for illustration purposes only. This house is not on our lot but may indicate the types of houses that will eventually be built here.

Residential lots for sale are not as plentiful in Puerto Princesa as they were even two years ago and that upward pressure on building space is likely to increase, especially with titled property in the more sought after areas of the city. Ready built houses of any quality are still not that common in Palawan; even Puerto Princesa has a shortage. With an increasing population likely to grow further in the future the market remains positive. Demand from the USA and Europe may dwindle but Palawan is popular with Chinese, Korean and Japanese buyers too.


The Lot For Sale

The lot for sale

The lot for sale is available to cash buyers only. Necessary facilities such as water, drainage and electricity are readily available so getting started with a new house on the lot should be a simple process. Building a house yourself, or having it built to your specification, is the better valued way to go and can lead to savings of several hundred thousand pesos even on a small property. This means that for the same price as a ready built home you can get a higher quality home to the design you really want. Given the convenient location of the lot, getting building materials to the site would be relatively cheap and easy to organize.