1309 sqm Centrally Located Commercial in Puerto Princesa City

Listing Details

1309 sqm Centrally Located Commercial in Puerto Princesa City

1309 sqm Centrally Located Commercial in Puerto Princesa City

Centrally Located Commercial Lot

Puerto Princesa City is the capital of and the only city in Palawan, Philippines. While it is considered a highly urbanized city, it still looks and feels more like a big town. And in the past few years, more like a boomtown. The city has been transforming, developing at a rate faster.

By land area, Puerto Princesa is the second largest city in the Philippines. It is also the least densely populated. In 2012, it gained more international attention when the Puerto Princesa Underground River was declared one of the New 7 Wonders of Nature, pushing the number of tourist arrivals to skyrocket and cementing the city’s place as a tourism powerhouse.

San Miguel is a barangay in the city of Puerto Princesa. Its population as determined by the 2015 Census was 19,649. This represented 7.70% of the total population of Puerto Princesa.

LOCATION

San Miguel is situated at approximately 9.7475, 118.7573, in the island of Palawan. Elevation at these coordinates is estimated at 15.4 meters or 50.5 feet above mean sea level.

ADJACENT BARANGAY

San Miguel shares a common border with the following barangay(s):

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§ Mandaragat, Puerto Princesa

§ San Pedro, Puerto Princesa

§ Bancao-bancao, Puerto Princesa

§ Matahimik (Poblacion), Puerto Princesa

§ Manggahan (Poblacion), Puerto Princesa

§ Maningning (Poblacion), Puerto Princesa

§ Tanglaw (Poblacion), Puerto Princesa

PROPERTY DESCRIPTION

This cozy and centrally located residential-commercial property is along National Highway, Puerto Princesa North Road. It is found at the center of business establishment of Puerto Princesa City. The road frontage is 15meter wide. This is only 1 KM away from Puerto Princesa International Airport. It is very near to government offices like GSIS, Provincial Hospital, walking distance to Provincial Capitol, BIR, schools, restaurants, hotels, bars, banks, and other commercial establishments. The property composed of two (2) residential house and 3-Storey Commercial building wherein the first floor and 2nd Floor was already occupied as commercial space and the 3rd Floor view deck or roof top is a Restaurant before. You can view the International Airport Runway and beautiful scenery of the city. The large back yard is very spacious and potential for any developments like hotel, pension house, Sports Fitness Center, parlor, bar, restaurant, bank, and other commercial establishments. There are two residential houses in a compound with spacious living rooms, clean kitchen and rest room.

Invest and establish your business in the City of the Living God and awarded as the most cleanest and greenest city in the Philippines.

DEVELOPMENT

3 storey commercial buiding

2 residential house

BEST USE

Hotel

Resort

Pension House

Commercial Space

Bank

Bar and Restaurant

DOCUMENTATION

Clean Title

No pending Tax Obligation

Complete legal documents

Features

  • Total Lot Area (sqm)

    1309

  • Frontage (meter)

    15

  • LGU Zone Classification

    Commercial

  • Asking Price per sqm (FA or LA)

    ₱76000

  • Zonal Value and last update

    ₱19000 per sqm / Effective f December 23, 2017

  • Level/Storeys

    3

Location