Browse Condos For sale in Ormoc, Leyte or list your own. Advertise, sell your property, list it for letLeyte ( LAY-tee, LAY-tay) is an island in the Visayas group of islands in the Philippines. It is the seventh largest island in the Philippines by land area.
The island was known to 16th-century Spanish explorers as Tandaya. Its population grew rapidly after 1900, especially in the Leyte and Ormoc valleys. In World War II, U.S. forces landed on Leyte (October 20, 1944), and, after the Battle of Leyte Gulf, the Japanese were expelled. Since the accessibility of land has been depleted, Leyte has provided countless number of migrants to Mindanao.
Most inhabitants are farmers. Fishing is a supplementary activity. Rice and corn (maize) are the main food crops; cash crops include coconuts, abaca, tobacco, bananas, and sugarcane. There are some manganese deposits, and sandstone and limestone are quarried in the northwest.Politically, the island is divided into two provinces: (Northern) Leyte and Southern Leyte. Territorially, Southern Leyte includes the island of Panaon to its south. To the north of Leyte is the island province of Biliran, a former sub-province of Leyte.
The major cities of Leyte are Tacloban, on the eastern shore at the northwest corner of Leyte Gulf, and Ormoc, on the west coast. The island was once the location of Mairete, a historic community which was ruled by Datu Ete. Before being colonized by Spain, the island was once home to indigenous animist Warays to the east and other indigenous animist Visayan groups to the west.
Leyte today is notable for the geothermal electric power plants near Ormoc.
However, Leyte is most famous for its role in the reconquest of the Philippines in World War II. On 20 October 1944, General Douglas MacArthur waded ashore on Leyte, saying, "I have returned", but the Japanese did not give up so easily, as the ensuing Battle of Leyte proved. The convergence of naval forces resulted in the four-day Battle of Leyte Gulf, the largest naval battle in history.
A condominium, usually shortened to condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned.
Residential condominiums are frequently constructed as apartment buildings, but there has been an increase in the number of "detached condominiums", which look like single-family homes but in which the yards, building exteriors, and streets are jointly owned and jointly maintained by a community association.
Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, such as hallways, walkways, laundry rooms, etc.; as well as common utilities and amenities, such as the HVAC system, elevators, and so on. Many shopping malls are industrial condominia in which the individual retail and office spaces are owned by the businesses that occupy them while the common areas of the mall are collectively owned by all the business entities that own the individual spaces.Source: https://en.wikipedia.org/