Buying a house and lot for sale in Bacolod City might just leave you smiling. After all, it is known as the “City of Smiles”. Situated near Cebu on the northwest coast of Negros Island, the city has established as being a destination. But the question remains: is now a good time to look for a house and lot for sale in Bacolod City?
From a market standpoint, the answer is yes. The Bacolod City economy has been on the upswing, helping establish the city’s property market in the process. Colliers International Philippines predicted that both housing demand and supply is going to increase once various township projects in the city are completed.
However, finding the right house and lot for sale in Bacolod City can be a challenge. Colliers International Philippines found that demand is very strong with OFWs and investors looking to acquire homes. According to Colliers International Philippines, stock in Bacolod is limited with only 17,660 house and lot units.
With Bacolod City’s sugar industry still strong and several other sectors now emerging, a solid foundation for home price growth has been set. This means now is arguably the best time to look for a house and lot for sale in Bacolod City since prices are expected to increase moving forward.
Finding a house and lot for sale in Bacolod City
Searching for a house and lot for sale in Bacolod City will see you presented with several options. Of these choices, Futura Homes Palm Estates is one worthy of taking an in-depth look at. It is part of the 51-hectare Palm Estates development situated in Talisay City just outside the Bacolod City center.
The sprawling community, which Futura Homes Palm Estates is a part of, features a cosmopolitan vibe along with large open spaces. The large grounds ensure the development has a wide variety of amenities that do not feel crowded or cramped.
There is a clubhouse with a roof deck that overlooks the massive swimming pool and entire estate. An impressive amenity area also is equipped with a jogging path, an events lawn, a playground and a covered basketball court.
Residences inside Futura Homes Palm Estates utilize the modern minimalist style that has become popular. There are two home styles to choose from: an attached, two-bedroom house and a two-bedroom duplex. Each type sits on a lot between 84 and 106 square meters in size. Duplex homes have a provision for a carport as well.
If you agree with the experts and believe now is a good time to buy a house and lot for sale in Bacolod City, Futura Homes Palm Estates may be the perfect place to do it. Prices start at PHP1.51 million, but should increase in the future as housing values rise throughout the region.