Buying a lot with an old house on it
Some of the best lots in the city come with an old house already standing on them. Many buyers walk away because of the structure, but often it's the land that holds the value.
Today's featured property is a 210 sqm lot in Palanan, Makati City. Per the lot plan it measures 10.50 m along the road by 20.00 m deep, a regular rectangle that's easy to design around. An old two-storey structure sits on it, so plan for renovation or rebuilding.
It suits a buyer who wants to build a new family home, redevelop, or simply hold land in Makati for the long term.
Buyer tip: price an old-house lot as land first. Budget for demolition or repairs, and check the allowable use and building limits with Makati City before you finalize your plans.
The price is ₱29,000,000 for the whole property. Ask our host or message Marc to set a viewing.
- 210 sqm lot with an old existing structure
- 10.50 m × 20.00 m, regular rectangular shape
- Old two-storey structure