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Real estate in Locaroc

The region of Palawan in the Philippines draws many international home-seekers and investors. If you are in search of the paradise home or a condo on sale in an idyllic location with pristine beaches, Locaroc should be your first consideration. This stunning area in Palawan with a coastal line that faces the Sulu Sea and traditional wooden stilt houses, has earned the title “The Floating Village” for its captivating architecture and landscape. Before you reach out to a local property broker, find out how the market fares in the region, what properties in Locaroc are on sale, and the costing for a vacation house in such a distinct location. Enjoy the serenity of the azure waters, lush green vegetation, and the humble, rustic charm of Palawan. With a laid back lifestyle and an environment that truly respects and upholds nature’s beauty, purchasing a home in “The Floating Village” is a decision you will never regret.

Locaroc properties: Market trends overview

The local real estate market in Locaroc, Palawan, Philippines has been observing a consistent increase in prices, catching the attention of foreign investors and potential property owners, particularly those from Australia, the UK, South Korea, and the United States. The ideal coastal location of Locaroc offers a blend of a relaxed lifestyle with an energetic vacation experience, thanks to a multitude of recreational facilities, and golf resorts, with the added advantage of easy access to the lively city of Puerto Princesa. Locaroc provides a lively beachfront setting, distinguished cultural traditions, and high living standards. In recent years, authorities in Locaroc have been investing heavily in the town's development, introducing a variety of housing options for both local and foreign buyers. These include well-designed townhouses, apartment buildings, contemporary villas, conventional cottages, and luxury penthouses. Locating a property or apartment for sale in Locaroc, Palawan, that fits any budget and lifestyle choices is straightforward, establishing the picturesque town as one of the most inviting for foreign purchasers.

Average price of a property for sale in Locaroc

How much should you allocate to purchase a property in Locaroc, Palawan, Philippines? The definitive price can be quite elusive due to the array of factors that impact the cost, including the type of property, its proximity to renowned landmarks or the beachfront, available amenities within the estate, and individual preferences (luxurious inclusions, overall size, easy access, etc.). Most recent data indicates that the peak asking price for properties in Locaroc, Palawan in the first quarter was PHP 110,312 per square meter. The most exceptional properties with the highest prices are usually located in the Brgy. Bacuit-Brgy. Corong Corong area. Conversely, properties with relatively lower prices, with an average cost per square meter of PHP 79,410, are typically found in the Brgy. Manlag- Brgy. Pasadeña area. The average listing price for a residential property in this region currently hovers around PHP 28,669,068.

Types of properties can you find in Locaroc

In Locaroc, Palawan, Philippines, the real estate landscape is characterized by a variety of properties, ranging from modern condominiums, stunning beachfront houses, to classic Filipino-style cottages. The most sought-after properties are usually situated within secured residential villages. Here, 3-4 bedroom condos with spacious balconies are a common sight, along with two-story houses each boasting their own entrance, large outdoor spaces, and independent kitchens. A new trend is the growth of luxury villas, nestled within the natural beauty of Locaroc, Palawan. These properties command breathtaking views of the sea and offer the benefit of being a short walk away from the beach – making them a perfect choice for a residence. Whether you're looking for modern comforts or prefer a touch of local charm, Locaroc, Palawan provides an idyllic setting to call home.