What You Can Use A Commercial Lot In Leyte Palo For

If you are one of the few Filipinos who have their name on a commercial lot’s title, rejoice as you are indeed one of the lucky ones who are a step closer to earning a bed of peso. Raw lands in Leyte Palo are your cheapest tickets to the real estate industry since acquiring developed properties are already priced expensively. If your lot has a strategic location, you’ll surely be able to attract many clients in no time. You already have a lot to secure your future yet a lot alone cannot take you to your destination, not unless you intend to sell it to housing developers. Is this a wise decision? Why not develop your own instead? This way, the money generated will be sustainable instead of just a one-time shot. Here are the ways that you can use a commercial lot in Leyte Palo for.

1. Offices

If you are already getting your hands into a business venture, developing an office out of your lot is a good way to expand your business. This way, you won’t have to rent a physical space but you can have your own, instead. You can also have it rented for a faster return of investment. Moreover, this will be a better development if your lot is located in a downtown area.

2. Warehouse

Storage locations are one of the problems of most businesses nowadays. Building a warehouse in your lot is a good idea. Warehouse rental is already very common today. You can either choose between a flex warehouse or a bulk warehouse. A bulk warehouse is ideal only for those with vast land specifically ranging from 50,000 to 1,000,000 square feet.

3. Shopping Centers

Most, if not all, Filipinos are fond of going to malls, most especially during the summer season where the sun is striking hot. Shopping centers are worthy investments in your commercial lot in Leyte Palo. You only need to provide the building, have it rented and in a few years, your investment will return to your account in ten folds.

4. Residential Properties

Who could go wrong with housing development? A shelter is one of a person’s primary needs. If you have enough capital to develop a condo, a hotel or a townhouse, the better it is. However, if your budget is not that big, building apartments and boarding houses is also a good start.