Browse 3 bedroom Land lots For rent in Malabon, Metro Manila or list your own. Advertise, sell your property, list it for letMalabon, officially the City of Malabon (Tagalog: Lungsod ng Malabon), or simply known as Malabon City, is a 1st class highly urbanized city in Metro Manila, Philippines. According to the 2015 census, it has a population of 365,525 people.Located just north of Manila, it is primarily a residential and industrial town and is one of the most densely populated cities in the metropolis. It has a total land area of 15.96 square kilometers.
Malabon is part of the sub-region of Metro Manila informally called CAMANAVA, which consists of CAloocan, MAlabon, NAvotas, and VAlenzuela cities. Caloocan lies to the south and east, Navotas to the west, and Valenzuela to the north. Malabon also borders the town of Obando in the province of Bulacan to the northwest.In real estate, a lot or plot is a tract or parcel of land owned or meant to be owned by some owner(s). A lot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries. Possible owner(s) of a lot can be one or more person(s) or another legal entity, such as a company/corporation, organization, government, or trust. A common form of ownership of a lot is called fee simple in some countries.
A lot may also be defined as a small area of land that is empty except for pavement or similar improvement. An example would be a parking lot. This article covers lots as parcels of land meant to be owned as units by an owner(s).
Like most other types of real estate, lots owned by private parties are subject to a periodic real estate tax payable by the owners to local governments such as a county or municipality. These real estate taxes are based on the assessed value of the real property; additional taxes usually apply to transfer of ownership and property sales. Other fees by government are possible for improvements such as curbs and sidewalks or an impact fee for building a house on a vacant lot.Source: https://en.wikipedia.org/