BUILD YOUR FAMILY/RETIREMENT COMPOUND IN COOL TAGAYTAY! BEFORE IT GETS TOO EXPENSIVE!! CLIMATE LIKE HAWAII US -- BUT COST OF LIVING IS 100% + CHEAPER!! THIS IS THE LARGEST AND CHEAPEST PROPERTY THIS CLOSE TO TAGAYTAY NOW ON THE MARKET!! FAR ENOUGH AWAY FROM TAAL VOLCANO TO BE ALMOST TOTALLY UNAFFECTED BY THE RECENT ERUPTION -- YET STILL COOL AND FROSTY AT 600 METERS ABOVE SEAL LEVEL!! AND THE ASKING PRICE HAS BEEN REDUCED ANOTHER 1 MILLION! A pristine 7049 square meters in Purok 8, Esperanza, Ilaya, Alfonso for sale. Asking price is now 17,622,500 PHP -- and still negotiable!! 10 to 15 minutes drive from Aguinaldo and Alfonso Highways and Luksuhin Wet Market (ideal to move your agricultural products for sale!). 10 minutes drive to the famous Antonio's (Cabanas) Restaurant, 15 to 20 minutes of slow driving/less than 10 kilometers to Robinsons/Leslie's Overlook restaurants and bars and just a few minutes more to Ayala Serin and the Tagaytay Rotonda. All access is on paved roads (2 access points from Aguinaldo Highway are the closest but this property can also be accessed from Mendez and also through Alfonso town). You're in Tagaytay with that cool weather but peacefully away from the traffic and noise of visitors and the additional expense of doing business within the city boundaries (that is, MUCH LOWER PROPERTY TAXES THAN TAGAYTAY!)!!! The high elevation of Tagaytay (500 meters and more above sea level) creates a climate like HAWAII US -- but MUCH CHEAPER! (To give you a better idea of the location of this property and how close it is to the center of Tagaytay, go to Google Maps and type in "Purok 8, Esperanza, Ilaya, Alfonso, Cavite, Philippines" and you will see the outlined area of ESPERANZA ILAYA. This land is located in the lower right portion of that ESPERANZA ILAYA block, directly adjacent to Barangay ZAMBAL which is @ a 2minute trike drive away. See the attached maps.) For current price comparison, 2 separate lots in the ZAMBAL area-- one of 559 sqm and another of two adjacent 240 sqm lots-- were posted for sale as of November 23, 2018 on Facebook Marketplace priced at 4500 PHP and 7500 PHP per square meter, respectively --- 2 to 3 times the still-negotiable asking price for this property!! At 4500 per sqm this land parcel would be priced at 31,500,000 PHP!! HOME BUILDERS AND DEVELOPERS OF SUBDIVISIONS SHOULD LOVE THIS PRICE AS BUYING AT THIS ASKING PRICE AND SELLING JUST THE SUBDIVIDED LAND WOULD NET AT LEAST A 12 MILLION + PHP PROFIT -- probably more as your only costs would be land surveying and the processing of legal titling paperwork and maybe building a wall or fence and some small paved roads and walkways on the property should you want to create a subdivision . (This land could yield 18 to 20 lots of 300+ square meters with plenty of room to spare for walkways, gardens, a clubhouse, etc.) For further comparison, on March 29, 2019 farm lots in Silang, Cavite -- also 15 minutes drive from Tagaytay -- were priced on Facebook Marketplace at 6820 PHP per sqm -- the ASKING PRICE for this lot is 2500 PHP per sqm!!! Farm/residential lots in the Mendez, Amadeo and Alfonso areas are asking 3000 PHP + for cuts of 300 - 1000 square meters. If you could find a similar land parcel 10 minutes drive from this land, towards the center of Tagaytay, it would cost at least twice as much as the asking price of this land -- likely 3 times as much or more! (Residential lots in subdivisions like Aurea Village, Tagaytay Heights or Crosswinds, Alta Monte, Montebello are priced at 5,500 to 12,500 PHP/per sqm. non-negotiable! 400 sqm lots in Splendido are selling for 13,300 + PHP! As of November of 2018, Realtors in Binan, Laguna -- which is at least 50+ minutes away from Tagaytay and at 400 meters less elevation above seal level so MUCH HOTTER -- are advertising 300 sqm lots for 13,000 PHP and selling 3bedroom/2 bath homes on only 80 sqm for 5.5 million PHP!!! In February, 2019, a 1300 sqm lot in Nuvali -- 40 minutes away from the Tagaytay Rotunda and right at sea level -- hot as Hell! ---is listed at 25,000 PHP per sqm!!! On July 21, 2019, Eton City Lots in Nuvali/Sta. Rosa -- also hot as hell and 40 + minutes from the Tagaytay Rotunda, are advertised on Craigslist at 15,880 PHP per sqm -- 5 TIMES THE ASKING PRICE OF THIS LOT WHICH IS 20-25 MINUTES DRIVE FROM THE TAGAYTAY ROTUNDA!! Finally and most recently, on October 26, 2019 STA Lucia Realty advertised a 240 sqm residential lot in the Ridgewood Heights subdivision in Alfonso on Craigslist Manila at a firm price of 1,750,000 PHP -- 7291 PHP per sqm!! BUILD YOUR OWN SUBDIVISION! Or Bed and Breakfast or family estate on this property for much, much less PHP/per sqm!!!!) Elevated 1.5 meters from the road, perfectly flat, near perfectly square and fronting the estate of former Vice President Guingona. (Journey lead singer Arnel Pineda recently purchased land 300 meters across the street from this property!) And Tagaytay is BOOMING economically. (When the CAVITE-TAGAYTAY-BATANGAS EXPRESSWAY (CTBEX) (maps attached) is completed in December, 2022 and links up with the CAVITE-LAGUNA EXPRESSWAY (CALAEX), drive time from Manila to Tagaytay will be reduced by more than 50% to @ 1 hour and with interchanges off and on CTBEX at Mendez, Amadeo and Alfonso only a few kilometers/minutes drive away, the VALUE OF THIS PROPERTY WILL SOAR BECAUSE TAGAYTAY WILL THEN BECOME A BEDROOM COMMUNITY FOR PROFESSIONALS WORKING IN METRO MANILA!!) AND TAGAYTAY IS ALREADY BOOMING AND RAPIDLY BECOMING LUZON'S PREMIERE VACATION DESTINATION!! Land is nearby a recently built resort/retreat house (Amalia) and has easy access to Meralco Power and Nawasa Water on site. 5 Solar lights on cement and galvanized steel posts are on the front side of the land along the paved access road. Property frontage extends approximately 60 meters along main road. This is a perfect parcel for construction of a boutique hotel/bed and breakfast, care home or small family estate or subdivision of multiple homes. Due to the presence of many large, private estates/properties surrounding this land, it is a very quiet neighbourhood. Reply by e-mail to this posting with contact info and questions or text/call Manolita at (+63) 0999-907-0114 (SMART) or Teresa at (+63) 0966-215-8426 (GLOBE) for an appointment to see the land and negotiate price. Serious inquiries only, please don't waste our time or yours. Property taxes are approximately 7,000 PHP per year and already payed through 2019. The "zonal value" of this property in November, 2017 (according to the Alfonso, Cavite Assessor's Office) was 2500 PHP per square meter which totals 17,622,500 PHP. Priced at 17,622,500 (AND STILL NEGOTIABLE!), THIS PROPERTY IS A HUGE BARGAIN!! (For comparison, the 2013 "zonal value" was 2000 PHP per square meter so this unimproved farmland is appreciating at 125 PHP per square meter each year and that will only increase in the future as Tagaytay continues to prosper and expand as the premier tourist destination in the Philippines.) Installment payment terms with 0% interest over 1-2 years are negotiable. We have had many inquiries about this land from foreigners/expats but please be advised that the purchaser for record of this parcel must have Philippine citizenship. Principals/buyers preferred but HONEST realtors welcome. MAKE AN OFFER!
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